ST Telemedia Global Data Centres (STT GDC) is investing US$3.2 billion to expand its data centre capacity in India by 550MW.
This will nearly triple the STT GDC’s IT load capacity to meet the demands of India’s thriving digital economy. over the next 5-6 years.
Also, this strategic investment reflects the company’s confidence in India and the growth of its digital economy, as well as aligning with the burgeoning demand for digital infrastructure, driven by the surge in data consumption, cloud computing, digital transformation, and growing adoption of AI applications.
STT GDC India is majority-owned by STT GDC in partnership with Tata Communications Ltd, which holds a minority stake in the company.
The company’s portfolio consists of 28 data centres across 10 cities throughout India. Today, its data centre portfolio has a total combined capacity of over 318MW of IT load, with a well-diversified portfolio of about 1,000 enterprise customers that include many Fortune 500 companies.
“As we celebrate STT GDC’s 10th anniversary this year, embarking on this ambitious expansion is a sign of our confidence in Digital India and the future of one of STT GDC’s strategic and fastest growing markets globally,” said Bruno Lopez, president and Group CEO, ST Telemedia Global Data Centres.
“Prime Minister Modi’s vision for Digital India has paved the way for opportunity; today the India digital economy’s growth rate of almost three times overall GDP growth is putting the country on pace to achieve a US$1 trillion digital economy by 2027-2028,” said Lopez.