ST Telemedia Global Data Centers (STT GDC) has announced an investment of Rs 26,000 crores (US$ 3.2 billion) into expanding data center capacity by 550 MW across India over the next five to six years.
A major global player in the data center industry, STT GDC is headquartered in Singapore. STT GDC India is majority-owned by STT GDC in partnership with Tata Communications Ltd, which holds a minority stake in the company.
“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 Chief Executive Officer, ST Telemedia Global Data Centres.
STT GDC India’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.
India is one of the largest data center markets in Asia, and its data center capacity doubled from ~540 MW in 2019 to ~1,011 MW in 2023, according to a report by Avendus Capital. In fact, given the unprecedented growth in wake of the boom in emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML), as well as increased emphasis on automation in the age of Industry 4.0, this capacity is likely to triple in just a few years. According to a report by Cushman & Wakefield India will have 3X installed capacity with a total IT load of 3.29 GW by 2028.