IFC commits USD 371 mn to Sify to support expansion of data centres, strengthen digital economy

The IFC, a prominent entity within the World Bank Group, has announced a major investment of USD 371 million in Sify, aimed at transforming India’s digital framework. This funding will enable Sify to establish state-of-the-art, energy-conscious data centers in Navi Mumbai and Chennai, designed to meet AI demands.

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