Equinix Opens Purpose-Built IBX Data Center in Mumbai, Accelerating India's AI and Cloud Growth

MUMBAI, India – April 8, 2026 – Equinix, Inc. (Nasdaq: EQIX), a global digital infrastructure company, today announced the opening of MB3, its fourth International Business Exchange (IBX®) data center in Mumbai. MB3, one of Mumbai's largest data centers, is designed to support high-performance workloads and hybrid multi-cloud deployments with liquid cooling capabilities for enterprises across India. This opening comes amidst a surging demand for secure, high-density, and globally interconnected infrastructure in India, driven by AI adoption, cloud migration, data localization requirements, and the rapid expansion of digital services.

With an initial investment exceeding US$95 million, MB3 offers a capacity of over 1,370 cabinets and is designed to expand to over 5,475 cabinets when fully built out. MB3 is built to provide high-performance, resilient digital infrastructure, enabling businesses to securely and efficiently scale their digital services while interconnecting with key cloud service providers, networks, and partners. Its scalable, high-density, and energy-efficient design supports AI and machine learning workloads, data-intensive applications, and next-generation digital services.

The opening of MB3 coincides with a critical period for India's digital economy, which is projected to reach a US$1 trillion scale by 2027-2028, driven by the rapid expansion of digital services and Digital Public Infrastructure (DPI) platforms such as Aadhaar, UPI, and ONDC. As AI transitions from experimentation to large-scale inference in real-world environments, enterprises face challenges such as data gravity, latency, and power density, in addition to the need to keep sensitive data within secure and compliant domestic environments. Meeting these requirements demands infrastructure that is not only high-density and AI-ready but also highly interconnected and capable of ensuring data sovereignty. With private interconnection via Equinix Fabric®, direct access to cloud services, and a network-dense campus located in the heart of Mumbai, MB3 enables enterprises to deploy AI closer to their data, clouds, and users. This allows them to maintain performance and compliance with data residency regulations while ensuring the connectivity needed for global expansion, fostering international competitiveness and innovation.

Comment from Devendra Fadnavis, Deputy Chief Minister of Maharashtra

Equinix has invested over US$365 million cumulatively across India, representing one of the largest long-term commitments to digital infrastructure in the country. These investments reflect long-term confidence in India's digital growth trajectory. Both the Mumbai and Chennai campuses are connected by dedicated dark fiber, and Equinix currently offers a total capacity of over 4,725 cabinets. This ensures nationwide redundancy and optimizes regional traffic.

Equinix currently serves over 300 companies in India, including network service providers and five internet exchanges. The Mumbai campuses (MB1, MB2, and MB4) feature on-ramps to major cloud service providers such as AWS, Google Cloud, and Oracle Cloud, providing a robust cloud ecosystem for Indian customers. MB3 is interconnected with the existing Mumbai campuses and the newly opened CN1 data center in Chennai, allowing customers seamless access to a broader digital ecosystem across India. Through Equinix Fabric, a secure software-defined interconnection service, customers can flexibly connect to multiple clouds, partners, and providers on-demand, enabling agile hybrid multi-cloud deployments. These capabilities allow businesses to seamlessly scale their digital infrastructure across India while accelerating digital transformation with secure, low-latency connectivity.

Comment from Anil Kumar Nair, Head of IT Infrastructure & Cybersecurity, Kotak Securities

Comment from Cyrus Adagra, President, Asia-Pacific, Equinix

Comment from Manoj Paul, Managing Director, Equinix India

MB3 has achieved 100% renewable energy utilization, aligning with Equinix's goal of achieving 100% renewable energy utilization across its global operations by 2030. Equinix is further strengthening its commitment to sustainability by operating a 26.4 megawatt-peak (MWp) group captive solar power project in India under a long-term renewable energy agreement with CleanMax. This project is expected to generate approximately 41.4 million kilowatt-hours (kWh) of clean energy annually, reducing over 30,000 tons of carbon emissions each year.

Equinix operates 280 data centers in 77 markets across 36 countries worldwide, serving over 10,500 leading companies and supporting customers' digital transformation on a global scale. In the Asia-Pacific region, Equinix operates 64 data centers in major cities across Australia, China (*), Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, and Singapore, providing interconnection and digital infrastructure solutions that support the region's dynamic economic growth.

*Equinix operates five data centers in Shanghai through strategic partnerships.

Key Points

• MB3 is a five-story data center built on approximately 4 acres of land in Chandivali, Powai, a central area of Mumbai.

• MB3 is adjacent to MB2 and only 1.5 kilometers from MB1. These facilities are interconnected by a dark fiber network, forming an integrated campus environment.

References

• MB3 Overview and Specifications

• Equinix Opens CN1, India's First AI-Ready Data Center in Chennai (Press Release)

• Equinix Announces Equinix Distributed AI™ Hub to Simplify and Secure Enterprise AI Infrastructure (Press Release)

About Equinix

Equinix (Nasdaq: EQIX) is a global digital infrastructure company. We enrich people's work and lives through innovation, expanding the possibilities of business worldwide through optimal paths. Equinix connects economies, countries, organizations, and communities, providing seamless digital experiences and cutting-edge AI, quickly, efficiently, and everywhere.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of building, and operating, IBX and xScale data centers, including related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies; the challenges of developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.