LODHA
Mumbai-based real estate firm Lodha Developers Ltd has significantly expanded its investment in Maharashtra's digital infrastructure, committing an additional ₹1 lakh crore to develop a data centre park. This new commitment, formalized through a Memorandum of Understanding (MoU) signed at the World Economic Forum in Davos on January 19, 2026, raises the company's total investment in the project to ₹1.3 lakh crore. The initiative is set to create the largest data centre park in India, positioning Maharashtra as a premier hub for digital services and technology.
The latest agreement builds upon an initial MoU signed in September 2025, where Lodha Developers pledged ₹30,000 crore to establish a data centre under the Maharashtra government's Green Integrated Data Centre Park policy. The additional ₹1 lakh crore investment, announced just four months later, underscores the company's confidence in the state's economic environment and the growing demand for digital infrastructure. Abhishek Lodha, MD and CEO of Lodha Developers, attributed this confidence to the state's leadership, stating, "His vision and actions directed towards developed Maharashtra, gives us immense confidence in committing to such a large investment."
The data centre park is designed to have a total capacity of approximately 2.5 gigawatts, making it a landmark project for the country. This substantial capacity will cater to the needs of major international and domestic technology companies. The project is also expected to be a significant driver of economic growth and employment. According to the company's regulatory filing, the park is projected to create over 16,000 direct and indirect jobs, providing a major boost to the local economy and fostering a skilled workforce in the region.
To provide a clear overview of the project's scale, the key financial and operational metrics are summarized below.
The project has already attracted significant interest from global technology giants. Amazon has acquired a land parcel within the park and has secured its power requirements for the next 15 years, signaling a long-term commitment. Additionally, Singapore-based STT Global Data Centres, a leading data centre provider, has also acquired land in the park. Lodha Developers will act as the master developer for the park, providing the necessary infrastructure and support for various players keen on establishing their data centres. This model allows tech companies to leverage Lodha's real estate and development expertise to quickly scale their operations.
This massive investment is in line with the Maharashtra government's strategic focus on building sustainable digital infrastructure. The state's Green Integrated Data Centre Park policy aims to attract investment in data centres that are powered by renewable and alternative energy sources. By designating integrated data centres as a 'Thrust Area' for industrial growth, the government has created a favorable environment for such large-scale projects. The Lodha data centre park is a prime example of this policy in action, contributing to the state's goal of becoming a leading technology and data hub.
The investment comes at a time when India's demand for data storage and processing is surging. The rapid pace of digitization, the growth of cloud computing, the adoption of artificial intelligence (AI), and the rise of digital services have created an urgent need for hyperscale data centres. Global majors like Amazon, Google, and Microsoft are actively expanding their data centre footprints in India to cater to this demand. Lodha's project is strategically positioned to capture this growth, providing the critical infrastructure needed to support India's digital economy.
Following the announcement, the stock of Lodha Developers experienced some movement. On January 20, 2026, the company's stock, trading on the NSE under the ticker LODHA, opened at ₹1,045.70. It was trading 2.98 percent lower at ₹1,012.90 around 9:55 AM, indicating a mixed initial reaction from the market as investors processed the scale and long-term nature of the new commitment.
Lodha Developers' total investment of ₹1.3 lakh crore in the Maharashtra data centre park is a transformative step for both the company and the country's digital infrastructure. By creating India's largest data centre park, the project will not only generate thousands of jobs but also attract further global investment. This initiative reinforces Maharashtra's position as a key technology destination and provides the foundational infrastructure required for India's continued digital growth in the years to come.
A NOTE FROM THE FOUNDER
Hey, I'm Aaditya, founder of Multibagg AI. If you enjoyed reading this article, you've only seen a small part of what's possible with Multibagg AI. Here's what you can do next:
Get answers from annual reports, concalls, and investor presentations
Find hidden gems early using AI-tagged companies
Connect your portfolio and understand what you really own
Follow important company updates, filings, deals, and news in one place
It's all about thinking better as an investor. Welcome to a smarter way of doing stock market research.