NTT Data to invest $288m for data center campus in Bengaluru

NTT Data Group will invest 2,400 crore rupees (US$288 million) in a new data center campus near Bengaluru’s international airport, the company said on December 3, 2025.

NTT Data Group, based in Tokyo, is an IT and business services provider with a significant presence in India.

The eight-acre Devanahalli site is designed to accommodate three data centres and is now operational, said India managing director Alok Bajpai.

The new campus adds to NTT’s three existing data centres in Bengaluru and increases its total investment in the city to nearly Rs 4,000 crore.

NTT operates 22 data centres across India in locations such as Mumbai, Pune, and Chennai.

The company said the new facility has an IT load of 22.4 MW for data centre operations and 3.2 MW for its data hall.

🔗 Source: The Economic Times

🧠 Food for thought

Implications, context, and why it matters.

Leasing and revenue stay murky as NTT scales

NTT plans a 100 MW facility load across three buildings at Devanahalli, with 67.2 MW of IT load usable by servers. Only “Bengaluru 4A” is ready for commissioning. It is the first building with 22.4 MW, and NTT has not named anchor tenants (large early customers) or pre-leasing commitments that give revenue certainty.
The operator runs 26 MW of IT load in Bengaluru, so the new 22.4 MW almost doubles capacity. That scale-up raises questions on how fast customers will take space, with India’s data center capacity set to rise from 0.9 gigawatts (GW) in 2023 to 2 GW by 2026.
A staggered build across three data centers spreads demand risk. Without clarity on whether hyperscalers (the largest cloud platforms that typically pre-commit big blocks) or enterprise colocation customers (businesses renting space and power in third-party facilities) will take the space, investors lack a view on utilization and payback timing.

Open access in Karnataka creates room for new energy deals

The Devanahalli campus adds demand for 24×7 renewable power purchase agreements (PPAs). Karnataka’s Open Access Regulations 2025 streamline third-party grid access and allow energy banking (carrying forward surplus wind or solar generation).
With this open-access regime, renewable developers with storage providers can pitch NTT and peers with long-term PPAs that cut data center power costs.
Financiers get clearer timelines, 15-day processing, and banking provisions reduce regulatory risk for dedicated solar-plus-storage solutions (solar paired with batteries) that match the campus sustainability goals.