STT GDC plans to triple its capacity in India
As part of ambitious plan to invest US$3.2 billion.
STT GDC is ramping up its investment in India to triple its data centre capacity in the land of spices.
Earlier this month, STT GDC announced an ambitious expansion to invest US$3.2 billion (INR 26,000 cores) and dramatically increase its data centre footprint in India.
The Heart of South Asia
STT GDC India is majority-owned by STT GDC in partnership with Tata. It has a sizeable fleet of data centres developed over the last decade:
- 28 data centres.
- 10 cities in India.
- 318MW of IT load.
But that's not enough. STT GDC says it will double down on its fastest-growing market globally by almost tripling its data centre capacity there.
Specifically, it wants to add 550MW of data centre capacity to further cement its leadership position. STT GDC says it commands ~28% of market share by revenue currently.
A market ripe with potential
A bustling nation with a population of over 1.4 billion, India has a relatively low density of data centres to serve its digital ecosystem.
This means there is huge growth potential, and many operators are building ahead to meet projected future demand.
As such, STT GDC will face entrenched and growing competitors such as NTT, CtrlS, Nxtra, and AdaniConneX, among others.
According to Sarvaesh Mohan, land, power and the data centre supply chain are robust, though some regions might face challenges in procuring water and talent.
Focus on sustainability
In a separate announcement, STT GDC says it will increase the use of renewable energy to 85% by 2028 and achieve a 70% reduction in carbon intensity from the 2021 baseline by 2028.
This comes as the Temasek-backed data centre provider launched a new version of its Sustainability-Linked Financing Framework.
It will also expand its proportion of green data centres to 65% by 2028, which I presume to be based on the BCA and IMDA's Singapore Standard for Green Data Centre.
How is the India data centre market shaping up from your perspective?
