NTT Data to invest $500 mn annually in data centre biz

Japanese tech services company NTT Data will continue to invest at a run rate of $500 million a year in its India data centre business as it scales up capacity in the country.

The company will focus on investments in organic capacity expansion, and has ruled out any acquisitions for the time being in the data centre space in India, Abhijit Dubey, president and CEO, NTT Data, said on Monday.