Microsoft Expands India Presence with Rs 520 Crore Land Acquisition in Pune's IT Hub
Microsoft strengthens its foothold in India's tech landscape with a significant land purchase in Pune, complementing its existing data centres in Pune, Mumbai, and Chennai.
MicrosoftIndiaReal EstateData CentresTechnology InfrastructureReal Estate MumbaiSep 11, 2024
The land deal, which was finalized in August 2024, involves the purchase of 66,414.5 square meters of land from Indo Global Infotech City LLP. The transaction incurred a significant stamp duty of Rs 31.18 crore and a registration fee of Rs 30,000.
This is not Microsoft's first major land acquisition in India. In 2022, the company purchased a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore. Earlier in 2024, Microsoft acquired another 48 acres of land in Hyderabad for Rs 267 crore. These investments align with the company's broader strategy to strengthen its foothold in India's tech landscape, particularly through its data centre operations.
Microsoft already has a solid presence in India, with data centres in Pune, Mumbai, and Chennai. The company continues to build on this foundation, increasing its investments in technology infrastructure. With over 23,000 employees across cities like Bengaluru, Chennai, Hyderabad, Mumbai, and Pune, Microsoft supports various departments such as sales, research, development, and customer support.
Frequently Asked Questions
What is the value of the land parcel acquired by Microsoft in Pune's IT hub?
The land parcel was acquired for Rs 519.72 crore.
What is the size of the land parcel acquired by Microsoft?
The land parcel spans 66,414.5 square meters (approximately 16.4 acres).
What is the purpose of Microsoft's land acquisition in Pune?
The land acquisition is part of Microsoft's strategy to strengthen its foothold in India's tech landscape, particularly through its data centre operations.
What is the name of the program launched by Microsoft to equip Indians with AI and digital skills?
The program is called 'ADVANTA(I)GE INDIA' and aims to equip 2 million Indians with AI and digital skills by 2025.
How many employees does Microsoft have in India?
Microsoft has over 23,000 employees across cities like Bengaluru, Chennai, Hyderabad, Mumbai, and Pune.
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