RackBank to set up data centre at Infopark Cherthala. RackBank commits Rs 1000 Cr investment in the project over next 8 years in Infopark. RackBank data centers are leading data centre platform for cloud, content & large firm customer. MoU signed by RackBank & Infopark in the presence of CM Pinarayi Vijayan & IT Secretary M Sivasankar. First massive data centre to be set up in the state, great boost for IT sector: M Sivasankar. Rackbank also plans to set up disaster recovery facility for firms in case of threats due to natural disaster.