STT GDC India, in which Tata Communications holds a minority stake, currently operates 28 data centres across 10 cities in India, with a combined capacity of over 318 MW of IT load. This expansion is part of their strategy to meet the growing demands of India’s digital economy, driven by increased data consumption, cloud computing, digital transformation, and the adoption of AI applications.
This move also aligns with India’s vision for a $1 trillion digital economy by 2027-2028. The Indian government’s plan is to invest over US$ 1 billion in the next five years as part of a hyper-scale data centre scheme.
India is poised for a significant expansion in data center infrastructure, with several noteworthy projects planned for 2024 and beyond.
Established in 2014, and headquartered in Singapore, ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers globally.
This year in June, STT GDC raised S$1.75 billion (approximately US$1.3 billion) from a consortium led by KKR and Singtel. This investment is aimed at supporting STT GDC’s growth plans and expanding its data centre capacity across various markets.
In 2019, STT GDC acquired Tata Communications’ remaining 26% stake in their data centre business in Singapore, known as STT Tai Seng1. This acquisition allowed STT GDC to fully own the facilities in Singapore, strengthening its position as an interconnection hub in the Asia-Pacific region.
STT GDC entered into a joint venture with VNG Corporation to build two data centres in Vietnam. This move is part of their strategy to expand their presence in the Asia-Pacific region.
