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Dubai's Solstice Data Commits Rs 52,600 Cr Investment to Kerala via MoU
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Solstice Data to invest Rs 52,600 cr in Kerala for AI data centers
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News18
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15-03-2026, 11:15
Solstice Data to invest Rs 52,600 cr in Kerala for AI data centers
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Dubai-based Solstice Data signs MoU for a massive Rs 52,600 crore investment project in Kerala.
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The investment is for developing AI-driven High-Performance Computing (HPC) data centers at KINFRA Industrial Park in Mattannur, Kannur district.
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100 acres of land within the park will be allocated for the facility, with the total investment planned over 5-7 years.
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MoU exchanged between Raj Babu Thulaseedharan (Solstice Data) and Santhosh Koshy Thomas (KINFRA) in the presence of Industries Minister P Rajeev.
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Solstice Data is a global leader in AI-driven HPC data centers, managing over sixty projects internationally.
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