Microsoft Expands India Presence with ₹520 Crore Land Acquisition in Pune
Microsoft secures 16.4 acres of land in Pune's Hinjewadi region for data centre expansion, marking a significant investment in India's commercial real estate sector.
MicrosoftIndiaPuneData CentreExpansion PlansCommercial Real EstateReal Estate PuneSep 11, 2024
The deal, finalized in August 2024, involved a stamp duty of ₹31.18 crore and a registration fee of ₹30,000. The land was acquired from Indo Global Infotech City LLP and is expected to play a crucial role in Microsoft's ongoing expansion of its data center operations in India.
This recent purchase follows Microsoft's 2022 acquisition of a 25-acre plot in Pimpri-Chinchwad for ₹328 crore, as well as a ₹267 crore investment earlier this year in 48 acres of land in Hyderabad. These acquisitions underline Microsoft's ambition to strengthen its infrastructure in India, particularly in terms of data centers, which are vital for its growing cloud services and digital initiatives.
Microsoft already operates data centers in Pune, Mumbai, and Chennai, and these new investments are expected to further enhance its capacity to provide cloud-based services and solutions in India's rapidly growing digital economy. The company employs over 23,000 people across various Indian cities, including Bengaluru, Chennai, Hyderabad, Mumbai, and Pune, contributing to vital functions such as sales, marketing, research and development, and customer support.
In addition to its infrastructure expansion, Microsoft has also been actively involved in skilling initiatives in India. Earlier this year, the company launched the ADVANTA(I)GE INDIA programme, a major skilling initiative aimed at equipping two million individuals with digital and artificial intelligence (AI) skills by 2025. This initiative is part of the company's broader 'Skills for Jobs' effort, designed to prepare India's workforce for the demands of the future.
Microsoft has also partnered with the Karnataka government to enhance AI and other emerging tech skills in the state, with the goal of establishing Karnataka as a leading AI-driven region. The company will also explore how AI can improve investor support processes within Karnataka's Department of Commerce & Industries.
Frequently Asked Questions
What is the value of the land acquired by Microsoft in Pune?
₹519.72 crore
How much land has Microsoft acquired in Pune?
66,414.5 square meters (approximately 16.4 acres)
What is the purpose of Microsoft's land acquisition in Pune?
Expansion of data center operations in India
How many people does Microsoft employ in India?
Over 23,000
What is the name of Microsoft's skilling initiative in India?
ADVANTA(I)GE INDIA programme
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