Universal Success Will Invest $240 Million for a Data Center Facility in West Bengal, India

Singapore-based real estate developer USEL (Universal Success Enterprise Limited) is set to establish a USD 240 million Data Center facility in Bengal Silicon Valley. Prasoon Mukherjee, the Chairman of USEL, signed a Memorandum of Understanding (MoU) for the project at the Bengal Global Business Summit.

Chairman Prasoon Mukherjee stated that the data center would be completed in the next 4-5 years, with the project's commencement dependent on cable landing. USEL has already developed approximately 16 million square feet of real estate in Bengal.

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The Bengal Global Business Summit also witnessed the launch of new policy initiatives, such as the West Bengal Cable Landing Policy 2023. This policy aims to establish ten cable landing stations along the coastline by 2025, with one landing station already under construction at Digha in East Midnapore.

USEL's data center project in Bengal Silicon Valley marks a significant milestone in the development of the Indian IT sector. The project is expected to have a substantial impact on the economy of West Bengal and contribute to positioning India as a leader in the global technology industry.

About Universal Success Enterprise Limited

Universal Success Enterprises Limited (USEL) is a Singapore-based, multi-national, diversified conglomerate operating in South Asia & South East Asia. The company was founded in 2000 and is headquartered in Kolkata, India. The company has a portfolio of projects across various sectors, including transportation, power, and water. USEL's flagship project is the Kolkata West International City, which is India's first Foreign Direct Investment (FDI) project.

About Bengal Silicon Valley

Bengal Silicon Valley (BSVH) is an under-construction technology hub located in New Town, Kolkata, India. It is envisioned to be a world-class technology park with a focus on IT/ITeS, data centers, e-commerce, IoT, KPO, AI, R&D, and telecom. The project is expected to generate 1,00,000 direct jobs and boost the state GDP.  Bengal Silicon Valley has many data center facility projects underway such as:

• Reliance Jio Data Center: Reliance Jio, one of India's largest telecom operators, is investing Rs 1,000 crore (approximately USD 125 million) to develop a 525,000-square-foot data center facility at BSVH. The facility will have two international data centers in collaboration with Microsoft and a technology center. 
• Adani Data Center: Adani Enterprises, one of India's largest conglomerates, is constructing a hyper-scale data center on 51.75 acres of land at BSVH. 
• NTT Global Data Centers: NTT Global Data Centers, a leading data center provider, is constructing a data center hub on 7.5 acres of land at BSVH.

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