Aurionpro locks in at 20 per cent upper circuit on signing strategic partnership with Future-Tech UK
On Tuesday, Aurionpro Solutions announced that it has signed a strategic partnership with Future-Tech, UK, for data centre design and consultancy projects in India & South Asia.
Headquartered in Wokingham (England), Future-Tech will bring specialisation, engineering excellence and direct industry knowledge to Aurionpro’s established and expanding team within India & South Asia. Future-Tech has been engaged in providing more than 3GW of data centre capacity. These engagements include master planning, concept, designing, peer review, cost analysis, etc.
The combined strengths of Aurionpro and Future-Tech are likely to make them formidable partners and will help them tap the fast-growing South Asian markets. The Indian Data centre market is likely to reach US 4 billion by 2025. The COVID-19 pandemic has accelerated the pace of digitisation and as the world is gearing up for the 5G technology, the requirement for world-class data centres will increase multi-fold.
The stock of Aurionpro Solutions was locked in at the upper circuit of 20 per cent after which, trading was suspended at its 52-week high of Rs 100.50 per share, up by 20 per cent or Rs 16.75 per share.