Colliers, a commercial real estate firm, today announced Ramaiy Kapoor's appointment as managing director for Data Centre for its India division. This occurs at a time when the company has been placing more emphasis on the nation's data centre industry.
From CapitaLand, where he oversaw the investment and marketing section for their India Data Centre business, Kapoor has joined Collies. Ramaiy will collaborate closely with the senior leadership in India, according to the company's release, to increase market share and boost profitability for the Data Centre business.
"Ramaiy has long-standing industry relations and a reputation that precedes him. He has deep insights into the real estate acquisition process of data centres and has managed large portfolios with tenacity. His ardent knowledge of investment strategies and asset management along with his excellent track record of prime deal closures, assure us that he will play a significant role in maximising profitability for the firm," said Sankey Prasad, chairman and managing director of Colliers India.
Adding to this, Kapoor said, "The Indian Data Centre industry is poised for high growth over the next decade. The times are exciting, there is an influx of interest from across the globe for investments in India in anticipation of the surge in demand and shift from on-premise data centres to colocation. This is supported by conducive government policies and ecosystems. We aim to be at the forefront of this and provide complete end-to-end solutions for our customers across all business functions and project lifecycle."