Singapore-headquartered ST Telemedia International Knowledge Centres (STT GDC) at this time introduced an funding of USD 3.2 billion (Rs 26,000 crores) to increase its information middle capability in India by 550 MW, almost tripling the corporate’s IT load capability to fulfill the calls for of India’s digital infrastructure, which is pushed by information consumption, cloud computing, and AI adoption, over the following 5-6 years.
Additionally Learn: ST Telemedia International Knowledge Centres Enhances Sustainability-Linked Financing Framework
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 a good time STT GDC’s tenth anniversary this 12 months, embarking on this bold growth 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 Knowledge 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 can assist additional speed up Digital India. We’re excited concerning the alternatives forward and are assured in our means to contribute considerably to India’s digital transformation,” STT GDC added.
Additionally Learn: STT GDC Companions with Phaidra to Pilot AI-Based mostly Cooling System in Singapore
Present Portfolio
In India, STT GDC’s information middle portfolio has a complete mixed capability of over 318 MW of IT load. The corporate operates 28 information facilities throughout 10 cities, serving over 1,000 enterprise purchasers, together with many Fortune 500 corporations, the official launch mentioned.
