ST Telemedia GDC India, a co-location data center service provider, is currently exploring opportunities to expand its presence in key tier-2 cities. In addition to this, the company has plans to invest in order to double its capacities every four to five years.
Sumit Mukhija, the Chief Executive Officer of ST Telemedia GDC India, predicts a robust 30% compound annual growth rate (CAGR) for India’s cloud market in the next 5-7 years. This growth will be mainly driven by the increasing demand for AI applications. Projections for 2030 indicate that India’s data center capacity will reach an impressive 3000MW, highlighting the vast and expanding market for data center services in the country.
Mukhija stated, “Since 2016, STT GDC India has experienced significant growth in revenue, profitability, capacity, and maturity. We currently manage over 300MW of critical IT load across 27 facilities in nine Indian cities, including Mumbai, Pune, Delhi, and Chennai. Notably, our campuses in Chennai, Pune, Mumbai, and Noida are the largest, each with a capacity of over 100MW of IT load.”
STT GDC India is primarily owned by ST Telemedia Global Data Centres, headquartered in Singapore. Tata Communications also holds a notable minority share in the company. The genesis of ST Telemedia GDC India can be traced back to the early 2000s when it operated as a business line under Tata Communications. In 2014, it gained independence and functioned as a separate entity. In 2016, ST Telemedia Global Data Centres acquired a controlling interest in the company.