Singapore-headquartered ST Telemedia International Information Centres (STT GDC) as we speak introduced an funding of USD 3.2 billion (Rs 26,000 crores) to broaden its knowledge heart capability in India by 550 MW, practically tripling the corporate’s IT load capability to satisfy the calls for of India’s digital infrastructure, which is pushed by knowledge consumption, cloud computing, and AI adoption, over the following 5-6 years.
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STT GDC India Market Place
STT GDC India is majority-owned by STT GDC in partnership with Tata Communications, which holds a minority stake within the firm. “This funding additionally additional solidifies our market management in India, the place we already command about 28 % of the market share by income,” STT GDC mentioned on Friday.
“As we have fun STT GDC’s tenth anniversary this yr, embarking on this formidable enlargement is an indication of our confidence in Digital India and the way forward for one in all STT GDC’s strategic and fastest-growing markets globally,” ST Telemedia International Information Centres mentioned.
“At STT GDC, we wish to play an lively function in co-investing and contributing to India’s long-term success by investing within the foundational digital infrastructure that may assist additional speed up Digital India. We’re excited in regards to the alternatives forward and are assured in our potential to contribute considerably to India’s digital transformation,” STT GDC added.
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Present Portfolio
In India, STT GDC’s knowledge heart portfolio has a complete mixed capability of over 318 MW of IT load. The corporate operates 28 knowledge facilities throughout 10 cities, serving over 1,000 enterprise shoppers, together with many Fortune 500 firms, the official launch mentioned.
