ST Telemedia GDC invests $4.2b for India data centre expansion
STT GDC India already has 28 data centres across 10 cities.
Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) invested $4.2b (US$3.2b) to expand its data centre capacity in India by 550MW, tripling data capacity to meet the country’s demand over the next five to six years.
STT GDC India is majority-owned by STT GDC in partnership with Tata Communications and consists of 28 data centres across 10 cities.
This investment adds to STT GDC India’s total combined capacity of over 318MW, with about 1,000 customers that include Fortune 500 companies.
"Today, the India digital economy's growth rate of almost three times overall GDP growth is putting the country on pace to achieve a $1.3t (USD1t) digital economy by 2027-2028. At STT GDC, 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 at ST Telemedia Global Data Centres.
(SG$1=US$0.78)
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