Lodha to Invest $11 Billion More in Data Center Park Near Mumbai
The commitment lifts Lodha’s planned outlay to about $14 billion as Maharashtra positions itself as a hub for AI-driven digital infrastructure.
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Indian real estate developer Lodha Group signed a memorandum of understanding with the government of Maharashtra at the World Economic Forum meeting in Davos to invest ₹1 trillion ($11 billion) in a large-scale data center park near Mumbai.
The latest commitment adds to an earlier investment pledge of ₹30,000 crore announced in September 2025, taking Lodha’s total planned investment in the project to about ₹1.3 trillion, according to state government officials.
The data center park is being developed under Maharashtra’s Green Integrated Data Centre Park policy, part of a broader push by the state to attract digital infrastructure investment as demand for cloud computing and artificial intelligence accelerates.
Once completed, the park is expected to have a total capacity of about 2.5 gigawatts and generate more than 16,000 direct and indirect jobs, the government said.
Indian real estate developer Lodha Group signed a memorandum of understanding with the government of Maharashtra at the World Economic Forum meeting in Davos to invest ₹1 trillion ($11 billion) in a large-scale data center park near Mumbai.
The latest commitment adds to an earlier investment pledge of ₹30,000 crore announced in September 2025, taking Lodha’s total planned investment in the project to about ₹1.3 trillion, according to state government officials.