RMZ Group to Invest $10 Billion in GCC Park, Data Centre in Andhra Pradesh

Real estate major RMZ Group has announced a $10 billion investment to develop a large-scale global capability centre (GCC) Park and a 1-gigawatt hyperscale data centre in Andhra Pradesh over the next five to six years.

The announcement was made jointly by the company and the Andhra Pradesh government on the sidelines of the World Economic Forum Annual Meeting in Davos.

The developer plans to build a GCC Park at Kapuluppada Phase-1 IT Park in Visakhapatnam, spread across nearly 50 acres with a potential built-up area of up to 10 million square feet. The project is aimed at attracting global enterprises looking to establish large GCC operations in India.

In parallel, RMZ Group also proposes to develop a hyperscale data centre cluster in the Visakhapatnam region, with a planned capacity of up to 1 gigawatt, to be rolled out in phases. 

The data centre project will require approximately 500–700 acres of land and is designed to support next-generation digital and AI-driven workloads, with a strong focus on sustainability and green energy integration, according to a state government statement.

Beyond Visakhapatnam, RMZ Group is planning an Industrial and Logistics Park at Tekulodu in the Rayalaseema region, spanning about 1,000 acres, to strengthen manufacturing, warehousing and logistics capabilities. 

Collectively, these projects are expected to create around 100,000 jobs across IT services, data centres, industrial and logistics sectors.