APAC data center firm Princeton Digital Group (PDG) has acquired more land in India for development.

The company this week announced a multi-site acquisition in India that adds 210MW of capacity, adding land in Mumbai and Hyderabad.

PDG MU1 mumbai.jpg
One of PDG's existing Mumbai data centers – Princeton Digital Group

The sites reportedly have secured power and land approvals in place. On its website, PDG lists plans for a 90MW, three-building campus in Hyderabad (HY1). MU2 in Navi Mumbai is planned as a single five-story building offering 120MW.

PDG said the added capacity will take the company’s footprint in India to up to 1GW, with the company committing to investing $2.5 billion in development.

“India is entering a defining phase of its cloud and AI journey,” said Rangu Salgame, chairman, CEO, and co-founder of PDG. “As one of the most important markets, India is integral to PDG’s growth and investment strategy in building a world-class portfolio of data centers serving global hyperscalers. This acquisition reflects our commitment to scaling responsibly with secured power, approvals in place, and a clear path to execution.”

PDG already has a footprint in Mumbai. Its MU1 campus is located within a 50-acre park in Airoli, Navi Mumbai. Announced in 2021, the first two buildings at the site are live with a combined capacity of 50MW. The first facility on the campus was delivered in Q4 2022, while the second went live last year. The first phase of a 100MW expansion is currently under construction, and will take the campus to five buildings.

The company is also planning a 72MW, three-building data center campus in Chennai.

PDG, headquartered in Singapore, was founded in 2017. The operator has presence and operations in Singapore, Japan, India, Indonesia, China, Malaysia, and South Korea. It is also actively exploring development opportunities in Australia.

“Since entering India in 2022, we have approached the market as a long-term growth engine and a strategic region for our global customers,” added Vipin Shirsat, managing director, India. “This acquisition strengthens our ability to deliver AI-ready, high-density capacity in Mumbai and Hyderabad.”

Private equity firm Warburg Pincus is PDG’s largest shareholder. The company is also backed by the Ontario Teachers’ Pension Plan, the UAE’s Mubadala, and Stonepeak.

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