Business · Companies · 2 hrs ago
India's NIIF Expects Up to $800 Million for Data Centers
India's National Investment and Infrastructure Fund expects to attract new investment for one of its entities.
The fund, known as NIIF, is an Indian investment and infrastructure fund.
The entity could draw as much as $3.2 billion in total.
Between $700 million and $800 million is expected to go to data centers, facilities that house computer systems and related equipment.
NIIF chief executive Sanjiv Aggarwal gave the figures in an interview at the Bloomberg New Economy Forum in New Delhi.
The figures are expectations, and no timetable for the investment was given.
India’s National Investment and Infrastructure Fund expects to draw as much as $3.2 billion in investments for one of its entities.
Between $700 million and $800 million of that investment is expected to go to data centers.
NIIF Chief Executive Officer Sanjiv Aggarwal shared the estimates in an interview with Bloomberg.
The interview took place on the sidelines of the Bloomberg New Economy Forum in New Delhi.
- Who
- India’s National Investment and Infrastructure Fund (NIIF), whose CEO is Sanjiv Aggarwal.
- What
- NIIF expects to draw up to $3.2 billion for one of its entities, with $700 million to $800 million going to data centers.
- When
- Not stated
- Where
- New Delhi, on the sidelines of the Bloomberg New Economy Forum.
- Why
- Not stated
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This story does not have a timeline yet.
- Expected investment for one NIIF entity
- Up to $3.2 billion
- Expected data center investment
- $700 million to $800 million
- NIIF chief executive
- Sanjiv Aggarwal
- Interview location
- Bloomberg New Economy Forum, New Delhi