new delhi jul 27 japanese tech firm ntt communications today said the row between its sister concern ntt docomo and domestic conglomerate tata sons which has been resolved now has no impact on its business plan for india ntt com announced plans to invest usd 160 million to almost double its data centre capacity of its indian arm netmagic their problem is already solved there is not going to be any impact on business that we are trying to do here india like data centre business no negative impact ntt communications president and ceo tetsuya shoji told ntt docomo in november 2008 acquired 265 per cent stake in tata teleservices for about rs 12740 crore at rs 117 per share offering services under the tata docomo brand in april 2014 ntt docomo decided to exit the venture but the tatas opposed it initially which led to a legal tussle between the two groups later in february 2017 tata sons and ntt docomo decided to mend ways with the indian conglomerate agreeing to pay usd 118 billion to the japanese partner shoji said that ntt com is bullish on indian market because of growth in local economy and favourable government policies also multinational companies including japanese ones are expanding business in india to whom we can provide ict services at the same time indian mncs are expanding their footprint ntt can support their global business expansion he said india accounts for over 10 billion yen or around usd 9 million business for ntt com ntt communications will invest usd 160 million for setting up two additional data centres which will become operational by april 2018 these data centres will add nearly 500000 square feet of gross floor space taking ntt coms total gross footprint to 1100000 square feet in india the company at present has seven data centres located in mumbai chennai noida and bengaluru we had nine data centres in india but two of them were small so we merged them with other now we are setting two new data centres which will again take our data centre count to nine netmagic md and ceo sharad sanghi said he said that banking and finance segment occupy most of the data centre space followed by it ites and leading over thetop internet firms media and entertainment segment sanghi said that the company is working on a plan to handle increase in traffic that has suddenly surged due to low cost mobile broadband rates in india we saw 1820 per cent rise in network traffic above normal after data rates came down following reliance jios entry we are wroking on plans to handle this increase in demand sanghi said prs jm