Reliance Enterprises Ltd (RIL) is joining hands with Brookfield Foundation Accomplices Lp and Digital Realty Trust Inc. in a three-way venture for setting up special purpose vehicles (SPVs) aimed at developing data centres in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said.

RIL will join a formerly reported joint endeavor between Digital Realty and Brookfield Infrastructure, holding an equivalent stake in the organization. Digital Realty is a cloud and data centre solutions provider.

The joint venture between Digital Realty Trust and Brookfield Infrastructure, is presently constructing server farms in Chennai and Mumbai. The first project MAA10 is a 100 MW campus based 20 MW greenfield data centre in Chennai that is planned to be done towards the end of 2023. Moreover, the JV as of late purchased 2.15 sections of land of property in Mumbai to construct a 40 MW data centre. These offices will be decisively associated with terrestrial connectivity infrastructure and undersea links, filling in as center points for worldwide availability for Indian firms and passages into India for global partnerships.

“The partnership will help us serve our enterprise and SMB clients with cutting-edge, plug-and-play solutions delivered from the cloud and lead their digital transformation and make them more competitive and efficient,” said Kiran Thomas, CEO, Jio Platforms Limited.

As the world's largest provider of cloud services, carrier neutral data centres, hosting and interconnectivity solutions, Digital Realty Trust holds a leading position. The company has entered into a joint venture partnership with Brookfield Infrastructure Group, which owns and operates more than 300 data centres in 27 countries. This cooperation shall aim to create a high quality, well connected and flexible data centre in India that is capable of meeting the basic infrastructure requirements of enterprises and internet services companies.

In view of the fact that India has already become one of the world's largest consumers of mobile broadband, capacity for data centres in this country is expected to increase significantly. With more people being able to use OTT services, gaming and 5G mobile data consumption is going to increase dramatically. Moreover, data intensive technologies like Internet of Things (IoT) and Artificial Intelligence (AI) will result from the adoption of 5G network driven use cases by enterprises.