Indian data centre major Yotta to invest Tk2,000cr in Bangladesh | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 15, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 15, 2025
Indian data centre major Yotta to invest Tk2,000cr in Bangladesh

Economy

TBS Report
08 February, 2023, 10:15 pm
Last modified: 09 February, 2023, 12:41 pm

Related News

  • Budget’26 raises concerns about private investment sustainability: Build
  • Budget FY26: What corporate Bangladesh expects
  • Bangladesh can be a first choice for our investment: Chinese business leaders 
  • Chinese commerce minister in Dhaka to explore trade opportunities
  • Bangladesh seeks deeper strategic, economic ties with South Korea

Indian data centre major Yotta to invest Tk2,000cr in Bangladesh

The operator of Asia’s largest certified Tier-IV data centre will build two hyperscale data centre buildings at Kaliakair

TBS Report
08 February, 2023, 10:15 pm
Last modified: 09 February, 2023, 12:41 pm
Indian data centre major Yotta to invest Tk2,000cr in Bangladesh

Yotta Data Services – the data centre and cloud services arm of the Mumbai-based conglomerate Hiranandani Group – has announced plans to invest over Tk2,000 crore to set up a modern data centre facility in Bangladesh. 

The investment will arrive in four to six years, according to the announcement. 

Yotta, the operator of Asia's largest certified Tier-IV data centre, would build its data centre park at the Bangabandhu Hi-Tech City in Kaliakair, Gazipur to house two hyperscale data centre buildings, featuring 4,800 racks and 28.8MW IT power capacity, according to a statement by the company. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Slated to go live with the first data centre building in FY24, the park will bolster the country's digital transformation efforts, serving as the digital backbone of businesses and a catalyst for Digital Bangladesh. 

Data centres host servers as the backbone infrastructure of the web world, and based on their category, they are divided into Tier-I, Tier-II, Tier-III and Tier IV. 

Sunil Gupta, co-founder and chief executive officer of Yotta Data Services, said, "Being a new-age digital transformation enabler, Yotta helps businesses and governments take giant leaps, and we have been successfully demonstrating this in our homeland – one of the world's largest economies."

"Realising the exponential potential of Bangladesh and its emerging leadership in digital transformation, we are excited to bring our industry-acclaimed and trusted capabilities to the country to fuel its digital revolution," he added.

Data proliferation and the adoption of new digital platforms are churning the need for a strong infrastructure backbone in Bangladesh. 

Alongside offering state-of-the art data centre services, Yotta would also offer businesses in the region to transform themselves with its proven suite of digital transformation solutions. 

The government and private institutions in Bangladesh have a number of data centres mostly for their own use. 

The modern Tier-IV data centres might also cater to the demand from the private sector firms in the North-East Indian region, according to a LightCastle report. 

The Bangladesh government has announced a number of incentives – including Tax-VAT waivers – to encourage data centre investments in the country. 

Yotta's announcement for investment in Bangladesh comes on the heels of inaugurating North India's first hyperscale data centre at Greater Noida. The company already operates the Yotta NM1 Data Center in Navi Mumbai.

Bangladesh / Top News

Indian Investment / investment / Bangladesh economic growth

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • People watch from a bridge as flames from an Israeli attack rise from Sharan Oil depot, following Israeli strikes on Iran, in Tehran, Iran, June 15, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Iran says it will stop 'self-defence response' if Israel halts attacks
  • Fire of Israeli attack on Sharan Oil depot is seen following the Israeli strikes on Iran, in Tehran, Iran, June 15, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Israel and Iran strike at each other as Trump says conflict can be easily ended
  • The moment before Abu Sayeed was shot during a clash between police and protesters in front of Begum Rokeya University in Rangpur on Tuesday, 16 July 2024. Screengrab from video
    ICT extends deadline for Abu Sayed murder probe by one month

MOST VIEWED

  • Tour operator Borsha Islam. Photo: Collected
    ‘Tour Expert’ admin Borsha Islam arrested over Bandarban tourist deaths
  • Fighter jet. Photo: AFP
    3 F-35 fighter jets downed, two Israeli pilots in custody, claims Iranian media
  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike
  • Vehicles were seen stuck on the Dhaka-Tangail-Jamuna Bridge highway due to a traffic jam stretching 15 kilometres on 14 June 2025. Photo: TBS
    15km traffic jam on Dhaka-Tangail-Jamuna Bridge highway as post-Eid rush continues
  • Ahsan H Mansur. TBS sketch
    BB governor meets global litigation funders to mobilise $100m for tracing stolen assets
  • Burnt out cars and damaged buildings are all that’s left of this street in Ramat Gan Credit: AP
    Iran threatens to strike US, UK, and French bases if they help defend Israel

Related News

  • Budget’26 raises concerns about private investment sustainability: Build
  • Budget FY26: What corporate Bangladesh expects
  • Bangladesh can be a first choice for our investment: Chinese business leaders 
  • Chinese commerce minister in Dhaka to explore trade opportunities
  • Bangladesh seeks deeper strategic, economic ties with South Korea

Features

Photos: Collected

Kurtis that make a great office wear

1d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

3d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

4d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

6d | Features

More Videos from TBS

Iran-Israel conflict heats up at G7 summit

Iran-Israel conflict heats up at G7 summit

21m | TBS World
Is Regime Change in Iran Israel's Goal?

Is Regime Change in Iran Israel's Goal?

1h | TBS World
Ishraque seeks chief adviser's intervention for oath as Dhaka South mayor

Ishraque seeks chief adviser's intervention for oath as Dhaka South mayor

2h | TBS Today
Israel asked US to join military campaign against Iran, but US rejects request

Israel asked US to join military campaign against Iran, but US rejects request

2h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net