CapitaLand Investment Ltd Launches First Data Centre in Navi Mumbai with Major Investment Plans
Singapore-based real estate firm, CapitaLand Investment Ltd (CLI), has launched its first data centre in Navi Mumbai, India, with plans to invest over ₹9,200 crore by 2030 in key markets like Mumbai and Pune.
Real EstateData CentreCapitaland Investment LtdNavi MumbaiIndiaReal EstateAug 13, 2025
The company’s growth strategy for India includes increasing its funds from 8 billion Singaporean dollars to 15 billion Singaporean dollars by 2028, as stated in a company press release. The launch of the data centre was a significant event, attended by Singapore Deputy Prime Minister Gan Kim Yong, who is also the Minister for Trade and Industry; Jeffrey Siow, the Acting Minister for Transport and Senior Minister of State for Finance; Maharashtra Chief Minister Devendra Fadnavis; Manohar Khiatani, Chairman of CapitaLand India Trust (CLINT) and Senior Executive Director of CLI; and Sanjeev Dasgupta, Chief Executive Officer of CLI India, among other dignitaries.
“India is a core market for CLI, and Maharashtra, with its strong economic fundamentals and well-developed IT and industrial ecosystem, presents significant opportunities for us to grow our footprint,” said Sanjeev Dasgupta, CEO of CLI India. The company’s entry into India dates back to 2013 with the launch of the International Tech Park at Pune’s Hinjawadi, developed in partnership with the Maharashtra Industrial Development Corporation (MIDC). Over the past decade, CLI has made substantial investments in Mumbai and Pune, totaling over ₹6,800 crore across 10 areas, including business parks, data centres, and logistics facilities.
CLI has expanded its portfolio across India, investing in over 55 IT and business parks, co-working, industrial, logistics, lodging, and data centre assets in eight cities: Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Kolkata, Mumbai, and Pune. In Maharashtra, CLI’s presence is particularly strong, with five operational business parks offering a total leasable area of 9.7 million square feet. The company plans to add another 4.5 million square feet in the state’s key commercial hubs and is currently developing logistics projects totaling 17 million square feet under Ascendas-Firstspace.
The launch of the data centre in Navi Mumbai marks a significant milestone in CLI’s expansion in India, highlighting the company’s commitment to leveraging the region’s robust economic environment and technological advancements. This investment not only underscores CLI’s confidence in the Indian market but also positions the company to capitalize on the growing demand for data centre and logistics infrastructure in the country.
Frequently Asked Questions
What is CapitaLand Investment Ltd's (CLI) new investment plan for India?
CLI plans to invest over ₹9,200 crore (2.3-billion Singaporean dollars) in India by 2030, focusing on key markets like Mumbai and Pune in areas such as data centres, logistics, and industrial parks.
Where did CLI launch its first data centre in India?
CLI launched its first data centre in Navi Mumbai, India.
What is CLI's growth strategy for India?
CLI’s growth strategy for India includes increasing its funds from 8 billion Singaporean dollars to 15 billion Singaporean dollars by 2028, expanding its presence in key markets and sectors.
When did CLI first enter the Indian market?
CLI entered the Indian market in 2013 with the launch of the International Tech Park at Pune’s Hinjawadi.
What cities in India does CLI have a presence in?
CLI has a presence in eight cities in India: Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Kolkata, Mumbai, and Pune.
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