Lodha Developers Commits Additional $10.9 Billion to Build Asia's Largest Data Center Park in Maharashtra January 26, 2026 The rapid digitization of India's economy is fueling an unprecedented demand for data center capacity, positioning the country as one of the world's fastest-growing digital infrastructure markets. This surge is attracting massive investments from both domestic and international players aiming to secure a foothold in this critical sector. In a significant move that underscores this trend, Indian real estate giant Lodha Developers has announced a monumental additional investment of INR 1 trillion (approximately $10.9 billion) to develop a major data center park in the state of Maharashtra. The non-binding Memorandum of Understanding was signed by Lodha's Managing Director and CEO, Abhishek Lodha, with representatives from the Government of Maharashtra during the World Economic Forum Annual Meeting in Davos. This latest commitment dramatically expands upon a previous agreement from September 2025, where Lodha pledged $3 billion to build a green integrated data center hub in the same region. The new funds will be directed towards constructing a sprawling campus with a planned total capacity of 2.5 gigawatts (GW). Upon completion, the park is projected to become the largest of its kind in Asia and is expected to generate nearly 16,000 jobs, providing a substantial boost to the local economy. In a statement reflecting the project's scale, the company said the agreement demonstrates "the scale of our ambition, the trust we command, and Lodha’s role in shaping India’s digital future." The site has already garnered significant interest from major cloud and data center operators, with Amazon and STT Global Data Centers reportedly having acquired land parcels within the planned park. The development signals a strategic pivot for Lodha Developers from traditional real estate into digital infrastructure and highlights the intense competition to build hyperscale capacity in India. It also reinforces Maharashtra's position as a premier destination for data center investments, driven by supportive government policies, high demand from Mumbai's financial and commercial hub, and improving connectivity. The project is set to play a pivotal role in supporting the data storage and processing needs of India's growing digital ecosystem, including cloud services, artificial intelligence, and enterprise IT. Source: datacenterdynamics
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