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R&M’s Bengaluru unit marks its first Asia Pacific investment
R&M (Reichle & De-Massari AG), a Swiss cabling solutions provider, has set up a manufacturing facility in Bengaluru as it aims to tap a surge in demand from communication networks and data centres in the country.
The company plans to set up another greenfield facility in India within two years to make advanced cabling components, Gaurav Ahluwalia, MD R&M India, said in a telephone interview. Digital data in India was about 40,000 petabytes in 2010 and this number is projected to go up to 2.3 million petabytes by 2020, twice as fast as the worldwide rate.
India had a data centre capacity of 1.3 million square feet in 2007, which is expected to go up to 10.9 million square feet by the end of 2018 at a compound annual growth rate of 19.8% (excluding the data centres smaller than 1,000 square feet).
Mr. Ahluwalia said R&M would employ 600 people within two years.
Source : https://www.thehindu.com/todays-paper/tp-business/swiss-cable-solutions-firm-eyes-data-centre-growth/article24748378.ece
