Ascendas India Trust to invest Rs 1,200 crore in initial phase of its first data centre in India The company will target customers such as global technology giants and cloud service providers, as well as large domestic enterprise clients. Share Via Email | A+A A- By PTI NEW DELHI: Singapore-based Ascendas India Trust, which develops IT and logistics parks in India, on Monday said it will invest an estimated Rs 1,200 crore to develop the first phase of its first data centre project in the country. The project is located at Airoli, a growing data centre hub in Navi Mumbai, according to a statement posted on the company's website.