ST Telemedia Global Data Centres (STT GDC), a leading global provider of data centre colocation services based in Singapore, has announced a major investment of US$3.2 billion (INR 26,000 crore) to expand its data centre capacity in India by 550MW. This move, aimed at addressing the growing demand for digital infrastructure in the country, will nearly triple the company’s current IT load capacity over the next 5-6 years.
The significant investment aligns with the rising needs of India’s digital economy, driven by increased data consumption, cloud computing, digital transformation, and the widespread adoption of artificial intelligence. The expansion further cements STT GDC’s strong presence in the Indian market, where the company already holds a 28% market share by revenue.
STT GDC India is a joint venture between ST Telemedia and Tata Communications Ltd, with the latter holding a minority stake. Currently, STT GDC India operates 28 data centres across 10 cities, with a total IT load capacity exceeding 318MW. The company serves around 1,000 enterprise clients, including several Fortune 500 firms. STT GDC India has also been recognised as a “Great Place to Work” for the fifth consecutive year and is ranked among the best workplaces in Asia.
Commenting on the investment, Bruno Lopez, President and Group CEO of STT GDC, said, “As we mark STT GDC’s 10th anniversary, this expansion underlines our confidence in India’s digital future. Prime Minister Modi’s vision for a Digital India has created immense opportunities, with the country’s digital economy growing at nearly three times the pace of overall GDP. By 2027-2028, India is expected to reach a US$1 trillion digital economy, and we are committed to playing an active role in this transformation by investing in the necessary digital infrastructure.”
STT GDC’s leadership, including Lopez, took part in a Business Roundtable with Prime Minister Modi hosted by the Singapore Business Federation on September 5, 2024. STT GDC, which operates across multiple countries including Singapore, the UK, Germany, India, and several others in Asia, is known for its focus on sustainability and digital innovation. This latest investment underscores the company’s commitment to supporting India’s long-term digital growth.
