Real estate developer Anant Raj has announced plans to enter the Singapore market by incorporating a wholly owned subsidiary focused on data centres and cloud services, marking its first international expansion.
According to a regulatory filing, the new entity will offer co-location and cloud services, including AI-powered solutions, leveraging data centre infrastructure being developed by the company.
The Singapore based subsidiary will be 100% owned and controlled by Anant Raj, with an initial share capital of SGD 1,000, through the subscription of 1,000 shares priced at SGD 1 each. The company plans to increase capital post incorporation to support future scaling, although timelines have not been disclosed.
Singapore has been chosen due to its status as a global financial and data infrastructure hub, aligning with Anant Raj’s ambitions to expand its presence beyond India.
Domestically, the company has been ramping up its data centre footprint, currently operating 28 MW of IT load across its campuses in Manesar and Panchkula (Haryana). It aims to scale this capacity to 307 MW by FY32, including expansion into Rai.
The company had also recently signed an MoU with the Andhra Pradesh government, committing ₹4,500 crore investment to further strengthen its data centre infrastructure in India.
The move reflects a broader push by Indian companies to tap into the global data centre and cloud services market, driven by rising demand for AI, cloud computing, and digital infrastructure.
Shares of Anant Raj closed 1.55% lower at ₹492.95 on the BSE following the announcement.
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