RMZ, Colt Data Centre Services form $1.7bn JV – The Tribune-OxBig News Network

Realty firm RMZ has formed an equal joint venture with Colt Data Centre Services to invest $1.7 billion in the Indian data centre market. In a statement on Tuesday, RMZ said the company, through its RMZ Digital Infrastructure Partners (RDIP), has entered into a joint venture with Colt Data Centre Services (Colt DCS), a leading global hyperscale data centre operator, to develop digital infrastructure in India. The venture represents an equal partnership between RDIP and COLT DCS, it added.