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Dubai-based Solstice Data has signed a Memorandum of Understanding (MoU) with the Kerala Industrial Infrastructure Development Corporation (KINFRA) to invest ₹52,600 crore in an AI-driven high-performance computing (HPC) data centre campus at KINFRA Industrial Park, Mattannur, Kannur. The agreement, finalized on March 15, 2026, allocates 100 acres of land for the development of the company’s advanced data infrastructure facilities.
Solstice Data Signs MoU with KINFRA for AI Data Centre in Kannur
The MoU was formally exchanged in Thiruvananthapuram between Raj Babu Thulaseedharan, India Country Head of Solstice Data, and Santhosh Koshy Thomas, Managing Director of KINFRA. The signing ceremony took place on Saturday in the presence of Industries Minister P Rajeev and Director of Industries P Vishnuraj.
Under the agreement, 100 acres of land within the KINFRA Industrial Park at Mattannur will be allocated to Solstice Data to develop its advanced data infrastructure facilities, as per an official government statement and reporting by PTI.
Read more about India’s digital infrastructure growth: KnowStartup — India’s Startup and Tech Investment News
Key Details of the ₹52,600 Crore HPC Data Centre Project in Kerala
The KINFRA Industrial Park in Mattannur spans a total of 175 acres, with 123 acres currently available for industrial use following infrastructure development. The park’s 36,000-square-foot Standard Design Factory has already been fully allotted, and land has been granted to 12 other enterprises. The Solstice Data deal accounts for the remaining 100 acres of available land — a milestone for industrial expansion in the Kannur region.
Solstice Data is a global leader in designing, building, and operating AI-driven High-Performance Computing data centres. Headquartered in Dubai, the company manages over 60 data centre projects across international locations, including the United States and Canada.
The proposed facility is designed to support large-scale cloud computing, artificial intelligence processing, and enterprise data storage. The company plans to realise its full ₹52,600 crore investment over a five-to-seven-year timeline.
KINFRA Kannur Park — A Strategic Location for AI Data Infrastructure
The selection of KINFRA Industrial Park in Mattannur reflects Kerala’s growing appeal as a destination for large-scale technology investment. The park’s existing connectivity, infrastructure readiness, and available land make it well-suited for a world-class data centre campus.
Kerala’s skilled talent pool, proactive government policies, and emphasis on sustainable development further strengthen its position. Solstice Data’s presence is expected to attract additional technology enterprises to the region, reinforcing the park’s role as a hub for advanced digital services.
Employment and Economic Impact of the Solstice Data Investment
The ₹52,600 crore project is expected to generate employment across multiple sectors, including construction, IT services, facility management, energy supply, logistics, and security. Large-scale infrastructure developments of this scale typically produce a multiplier effect, stimulating demand for ancillary industries and service providers in the surrounding region.
The phased, five-to-seven-year investment timeline ensures sustained economic activity and long-term job creation for Kannur district and the broader Kerala economy.
What the Solstice Data Deal Means for India’s AI and Data Centre Market
India’s data centre sector has expanded rapidly on the back of rising internet penetration, accelerating cloud adoption, and growing enterprise demand for AI-driven computing. The Solstice Data project at KINFRA Kannur adds significant capacity to India’s digital backbone and positions Kerala as a key node in the national data infrastructure map.
The facility is expected to serve domestic enterprise clients as well as international organisations seeking scalable, reliable data solutions in South Asia. This investment also aligns with India’s national priorities around digital infrastructure development, AI capability building, and attracting high-value foreign direct investment.
Frequently Asked Questions
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