Solstice Data's ₹52,600 Crore Kerala Investment
Analysis based on 9 articles · First reported Mar 15, 2026 · Last updated Mar 15, 2026
This investment by Solstice Data is expected to significantly boost India===Kerala's digital economy and technology sector, attracting further foreign direct investment. It signals a positive outlook for the data center and AI industries in India, potentially increasing demand for related services and infrastructure.
Solstice Data, a United Arab Emirates===Dubai-based technology firm specializing in AI-driven High-Performance Computing (HPC) data centers, has signed a Memorandum of Understanding (MoU) to invest ₹52,600 crore in India===Kerala, India. The investment will establish a large-scale data center and HPC campus at the KINFRA Industrial Park Mattannur in Kannur district. Under the agreement, India===Kerala Industrial Infrastructure Development Corporation (KINFRA) will allocate 100 acres of land to Solstice Data for the development of its facilities. The project is planned to be realized over five to seven years and is expected to create significant opportunities within India===Kerala's digital landscape, attracting additional technology investment and innovation to the region. The MoU was exchanged between Raj Babu Thulaseedharan of Solstice Data and Santhosh Koshy Thomas of KINFRA, in the presence of Industries Minister P. Rajeev and Director of Industries P. Vishnuraj.
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