Blackstone, Panchshil to set up India’s largest data center with Rs 20,000-crore investment

Blackstone Group, the world’s largest alternative asset manager, and its development partner Panchshil Realty are planning to develop India’s single largest hyperscale data center with 500 MW capacity in Navi Mumbai with an investment of over Rs 20,000 crore, said persons with direct knowledge of the development.