Godrej MEP Business Eyes 25% Y-O-Y Growth in Data Centers
Godrej & Boyce, announced that its Business Godrej MEP (Mechanical, Electrical and Public health engineering) is targeting annual revenue growth of 25% in Data Centers projects by FY24. The business has secured several high-value projects in the cities of Mumbai & Delhi for various data centre clients. Against the backdrop of the Big Data Revolution by the incumbent government, India’s data center industry is estimated to double by 2023. The government is also working on a scheme for a hyper-scale data center to incentivize investments. In congruence with the same, Godrej MEP has also witnessed an uptick in inquiries for critical services such as electrical, HVAC, firefighting & public health engineering, from a number of global and local data center players. They plan on investing 25 Cr in the next 2 years. So far, they have undertaken projects spanning close to 20 MW and further plans to cover another 35-40 MW by FY24.
Tags : Realty Spotlight HVAC Big Data Electrical Mechanical Data Centers Godrej MEP Public Health Engineering Firefighting