Solstice Data to Invest ₹52,600 Crore in AI Data Centre Project at KINFRA Industrial Park

Dubai-headquartered Solstice Data has signed an agreement to develop a large-scale AI-powered high-performance computing (HPC) data centre project in Kerala. The proposed investment of ₹52,600 crore will be implemented at the KINFRA Industrial Park in Mattannur, Kannur district, marking one of the significant technology infrastructure projects planned for the region. 

Large Investment Planned Over Several Years 

The company intends to execute the investment in phases over a five to seven year period. Under the agreement, 100 acres of land inside the industrial park will be allocated for the development of the data centre facilities. 

The memorandum of understanding was exchanged in Thiruvananthapuram between Raj Babu Thulaseedharan, Country Head of Solstice Data in India, and Santhosh Koshy Thomas, Managing Director of KINFRA, in the presence of Kerala Industries Minister P Rajeev and Director of Industries P Vishnuraj. 

Project Expected to Strengthen Kerala’s Digital Ecosystem 

Solstice Data specialises in building and operating advanced AI-driven high-performance computing data centres. The company currently manages more than 60 data centre projects worldwide, including operations in the United States and Canada. 

 Kerala Industries Minister P Rajeev highlighted that the proposed facility, being developed with the support of local partners, is expected to create significant opportunities for the state’s technology and digital infrastructure ecosystem. 

Industrial Park Capacity and Land Allocation 

The KINFRA Industrial Park in Mattannur spans 175 acres, of which 123 acres have been developed for industrial use. The park already hosts multiple industrial units, with its 36,000-square-foot Standard Design Factory fully allotted and land allocated to 12 other enterprises. 

The new agreement with Solstice Data will utilise the remaining 100 acres of available land in the park, representing a major milestone in the industrial and technology development of the region. 

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Conclusion 

The ₹52,600 crore data centre investment by Solstice Data is expected to strengthen Kerala’s position in the digital infrastructure sector while driving industrial activity and technology development in the Kannur region. 

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