ST Telemedia to Invest $3.2B to Boost Its Indian Operations
STT GDC joins the growing list of Indian and international companies investing in India’s data center industry.
September 13, 2024
Singapore-based ST Telemedia Global Data Centers (STT GDC) has announced plans to invest $3.2 billion over the next five to six years to add 550 MW to its data center capacity in India.
The initiative will help the company almost triple its IT load capacity there. It has 28 data centers with a total capacity of around 318 MW across 10 cities.
“This strategic investment reflects STT GDC’s confidence in India and the growth of its digital economy, as well as aligning with the burgeoning demand for digital infrastructure, driven by the surge in data consumption, cloud computing, digital transformation, and growing adoption of AI applications,” said the press release.
“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 CEO, STT GDC.
Earlier this year, STT GDC started work on its third data center campus in Chennai, South India. Besides Chennai, the company has a presence in Pune, Kolkata, Ahmedabad, Noida, Hyderabad, Bengaluru, Mumbai, and Delhi.
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