ST Telemedia Global Data Centres (STT GDC) announced an investment of $3.2 billion or INR 26,000 crore to expand its data centre capacity in India by 550MW.
Singapore-based STT GDC will be nearly tripling the company’s IT load capacity to meet the demands of India’s digital economy, over the next 5-6 years. STT GDC India has about 28 percent of market share by revenue.
STT GDC India is majority-owned by STT GDC in partnership with Tata Communications, which holds a minority stake in the company.
STT GDC India has 28 data centres across 10 cities throughout India. Today, its data centre portfolio has a total combined capacity of over 318MW of IT load. STT GDC has about 1,000 enterprise customers that include many Fortune 500 companies.
Recently, STT GDC India was recognised as a Great Place to Work for the fifth consecutive year, as well as one of the Best Places to Work in Asia.
“We want to play an active role in co-investing and contributing to India’s long-term success by investing in the foundational digital infrastructure that will help further accelerate Digital India,” said Bruno Lopez, President and Group Chief Executive Officer, ST Telemedia Global Data Centres.
