Anant Raj Limited to invest ₹4,500 crore in developing Data Center & IT Park in AP

Anant Raj Cloud Private Limited (ARCPL), a wholly owned subsidiary of Anant Raj Limited, has signed MoU with the Andhra Pradesh Economic Development Board (APEDB) for the development of new Data Center facilities and an IT Park in the State.

The MoU was signed in the presence of Nara Lokesh, Minister for IT, Electronics & Communications.

Under the MoU, ARCPL will invest approximately *₹4,500 crore, to be executed in two phases, towards building advanced data center infrastructure and cloud services.

The project is expected to create major employment opportunities around 8,500 direct and 7,500 indirect jobs while bolstering the State’s digital ecosystem.

The investment and expansion are over and above the company’s existing 307 MW of data center capacity currently under development. The collaboration aims to accelerate the development of world-class digital infrastructure in Andhra Pradesh, with APEDB providing facilitation support and coordination with relevant government bodies for timely execution.

Anant Raj Limited currently operates 28 MW of IT load across its campuses in Manesar and Panchkula and aims to expand total capacity to 307 MW by FY32 across Manesar, Panchkula, and Rai, backed by a $2.1 billion capex plan.

In June 2024, Anant Raj partnered with Orange Business, the French IT and telecom services provider, to deliver managed cloud services in India.

The company said that the group remains on track to achieve an installed IT load capacity of 117 MW by FY28* across the three strategic data centre locations.

Established in 1969, Anant Raj has delivered 9.96 million sq. ft. of residential and commercial projects and holds nearly 320 acres of debt-free land in Delhi-NCR.

For the first half of FY26, the company reported revenue of ₹1,223.20 crore and PAT of ₹264.08 crore.