Reliance invests in data center business | Business News| Jagran Business

A significant joint venture has been announced by Reliance Industries to increase its position in the data centre industry. Reliance Industries has agreed to invest $10 billion (or $122.24 million) in Canadian companies Digital Realty Inc. and Brookfield Infrastructure Partners LP. The business is working on a strategy to build data centres in India through this investment. Reliance Industries' stock has increased today as a result of this news. 

33.33 percent ownership

This revelation is timely because India's data centre capacity is anticipated to increase overall as more and more people go there to work. BAM Digital Realty will be the name of the new joint venture between Brookfield Infrastructure and Digital Realty. Reliance Industries has now announced that it will own 33.33 percent of the company, making it an equal partner.