Univastu India Ltd has signed a Memorandum of Understanding (MoU) with URBS Systems to establish a state-of-the-art data centre in Maharashtra. The collaboration aims to strengthen India’s digital infrastructure, create new employment opportunities, and leverage advanced international expertise in technology and operations, marking a strategic step in Univastu’s diversification.
Expanding Into Digital Infrastructure
Univastu India Ltd, traditionally known for its infrastructure and construction projects, has announced a strategic partnership with URBS Systems to set up a data centre in Maharashtra. The MoU reflects Univastu’s intent to diversify into digital and technology-driven infrastructure, aligning with India’s growing demand for secure, large-scale data storage solutions.
The collaboration is expected to bring international expertise into India’s data centre ecosystem, particularly from developed markets. Maharashtra, already a hub for IT and industrial growth, provides the ideal location for such a project, promising both economic and technological benefits.
Industry observers note that this move could position Univastu as a key player in India’s digital transformation, complementing government initiatives to boost data localization and cloud adoption.
Major Takeaways
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MoU Signed: Univastu India Ltd with URBS Systems.
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Project Location: Maharashtra, India.
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Strategic Aim: Establish advanced data centre infrastructure.
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Diversification: Expands Univastu’s portfolio beyond construction into digital infrastructure.
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Economic Impact: Potential job creation and technology transfer.
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National Context: Supports India’s push for data localization and digital growth.
Sources: ScanX News; BW Businessworld (Maharashtra MoUs coverage); Univastu India Ltd corporate disclosures