Mitsui Fudosan Makes First Investment in Data Center Business in India
Mitsui Fudosan has participated in a data center project in the Republic of India through Mitsui Fudosan Asia. This marks the company group’s first data center investment in India. The portfolio covers three cities with a total capacity of approximately 200 MW.
The company is participating in the business through an investment in the CapitaLand India Data Centre Fund, a private fund focused on India’s data center sector that was established and is operated by CapitaLand Investment Limited, or CLI, a real estate investment manager with a business platform centered on Asia.
In India, data center demand is expected to see medium- to long-term growth, supported by population growth, the advance of digitalization and the expansion of cloud services and AI usage. The target markets for this project — Mumbai, Chennai and Hyderabad — are all major cities supporting India’s data center demand. The Mumbai metropolitan area accounts for more than half of the country’s data center stock, Chennai is a leading industrial city in southern India, and Hyderabad is home to a concentration of IT and business parks.
Mitsui Fudosan Group participated in its first office building development project in India in 2020 and established an India branch in 2023. In February 2026, the company also decided to participate in its first for-sale residential project in India.（see related article:Mitsui Fudosan Enters First For-Sale Residential Development in India） As Japanese companies step up investment in India’s residential sector — including Tokyu Land’s participation in a residential development project in Mumbai in January 2026 and Marubeni’s participation that same month in a residential development and for-sale housing business in Pune — Mitsui Fudosan is expanding its business scope to include data centers.（see related article:Tokyu Land Joins Mumbai Residential Development “Starwing” as Second Investment under India Housing Bond Fund）
Key Facts
Sponsor: Mitsui Fudosan Co., Ltd. through Mitsui Fudosan Asia Pte. Ltd.; CapitaLand Investment Limited
Property Name: CapitaLand DC Mumbai
Location: Navi Mumbai, Maharashtra, Republic of India
Number of Buildings: 2
Schedule: Tower 1 structural frame completed; Tower 2 under development
Power Capacity: Tower 1: 50 MW; Tower 2: 55 MW
Property Name: CapitaLand DC Chennai
Location: Chennai, Tamil Nadu, Republic of India
Number of Buildings: 1
Schedule: Under development
Power Capacity: 53 MW
Property Name: CapitaLand DC Hyderabad
Location: Hyderabad, Telangana, Republic of India
Number of Buildings: 1
Schedule: Under development
Power Capacity: 42 MW