Arshiya Plans For IT / ITES Park In Maharashtra
Arshiya Limited has announced that in the era of growing demand for Internet services, the social-media explosion and constant collection of big data, the Company has outlaid a plan to set-up additional segment in the notified area Company's FTWZ wherein it plans to develop IT / ITES Park on an area of about 25 acres of land situated at Panvel for which it has received approval to set up the said IT/ITES SEZ from the concerned authorities.
The said 25 acres of land situated at Panvel has been notified as IT/ITES Park and on the said Land the Company plans to build a "Hyperscale Data Centre Park" with a constructible area of approximately 2.5 to 3 million square feet.
The company has recently entered into a Master Development Agreement (Non-Binding term sheet) with a very large global Data Centre operator.