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CHENNAI: Chennai seems to be emerging as a data-centre hub, as the Tamil Nadu government on Tuesday signed memoranda of understandings (MoUs) with Singapore-based CapitaLand and WebWerks for Rs 1,900 crore, to set up two data centres in Ambattur. The MoUs were signed at investment conclave in the presence of Chief Minister MK Stalin.

The development comes as Guidance has signed MOUs with nine companies to set up data centres in Tamil Nadu with a proposed investment of Rs 16,927 crore and employment potential of over 9,000 jobs over two years. National and international companies, including Yotta, Princeton Digital, ST Telemedia, Netmagic, and Adaniare, are in the process of setting up data centres in Chennai.

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