Mumbai, Oct. 15 -- Singapore-based Hillhouse Investments has set up TeraNova DC, a dedicated data centre platform, with plans to infuse about $12-15 billion to develop over 2GW capacity across key Indian markets by 2032, its newly appointed chief executive officer (CEO) Sanjay Bhutani said.

The newly launched platform will focus on developing and operating hyperscale, artificial intelligence (AI)-ready, and sustainable data centre campuses across markets, including Maharashtra, Hyderabad, Andhra Pradesh, Delhi-National Capital Region and Gujarat. Its development strategy will centre on strategically located land banks, power-ready sites and scalable campus infrastructure.

"India's digitization vision is entering a defining phase. As hyp...