Yotta NM2 is a data center project in Panvel, India, operated by Yotta Data Services. It is under construction. The published capacity figure is 80 MW, and its basis is not stated as IT load.
Latest change on record: entered the record as under construction on 11 September 2026. Record last checked against its sources on 2 October 2026.
Mumbai metro holds 25 active projects with 2,020 MW of planned IT load between them, and Yotta NM2 ranks 9th by planned capacity. Of those, 3 are operational, 4 are operational and expanding, 9 are under construction, 6 are at the land and permitting stage and 3 are announced only. Published colocation vacancy in Mumbai metro was 6.6% as of June 2025. Vacancy excludes hyperscaler self-build.
Yotta has 4 others in India tracked by ArusGrid, including Yotta D4, Yotta D2 and Yotta NM1. It sits on the Yotta Panvel (Hiranandani Fortune City) campus. No tenant has been disclosed, which is normal for colocation and says nothing about occupancy.
The stage was recorded as under construction on 11 September 2026.
The US export control position for advanced AI chips in India, as of 27 September 2026, is recorded as “No US destination-based licence requirement as enforced”. ArusGrid holds 2 public sources for this project, the latest dated 17 September 2026, and last checked the record on 2 October 2026.
Construction or financing is evidenced, or several independent signals agree. The rules are fixed and published on the Methodology page.
Reaching this stage requires a dated construction source, which corroborates the project on its own.
CEO Sunil Gupta told Moneycontrol on 2026-09-11 that NM2 will house 40,000 Nvidia GB300 GPUs for Yotta's own Shakti Cloud, with the building currently being fitted out.
This country carries no US destination-based licence requirement for advanced AI chips as the rules are enforced today. Access is a commercial matter between the project and its vendors. Criteria are published on the Methodology page.
No US destination-based licence requirement as enforced · No US destination-based licence requirement as enforced (2026-09-27) source
No tenant disclosed. Most colocation leases are confidential, so this says nothing about occupancy. Not yet checked against second-order sources.
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