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Karnataka to get ₹1,500 crore investment from STT Global Data Centres India

STT Global Data Centres India signed an MoU with the Karnataka Government at the three-day 'Invest Karnataka 2022', Global Investors Meet, which concludes here on Friday.

Published on: Nov 4, 2022, 12:19:42 IST
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STT Global Data Centres India Private Limited (STT GDC India) aims to establish data centres in Karnataka with a total estimated proposed investment of around 1,500 crore.

Union Ministers Nirmala Sitharaman, Piyush Goyal and Pralhad Joshi with Union Minister of State for Entrepreneurship Rajeev Chandrasekhar, Karnataka Governor Thaawarchand Gehlot and State Chief Minister Basavaraj Bommai listens to Prime Minister Narendra Modi virtually addresses the inaugural function of Invest Karnataka 2022, the Global Investors Meet of the state, in Bengaluru on Wednesday. (NSitharamanOffice twitter)
Union Ministers Nirmala Sitharaman, Piyush Goyal and Pralhad Joshi with Union Minister of State for Entrepreneurship Rajeev Chandrasekhar, Karnataka Governor Thaawarchand Gehlot and State Chief Minister Basavaraj Bommai listens to Prime Minister Narendra Modi virtually addresses the inaugural function of Invest Karnataka 2022, the Global Investors Meet of the state, in Bengaluru on Wednesday. (NSitharamanOffice twitter)

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It is planned to happen over multiple phases in the next eight to ten years and will generate employment (direct & indirect), to up to 1000 people during construction phase and 200 when operational, the data centre services provider said in a statement.

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The company, with 215 MW of design capacity in terms of IT load, spanning across 21 facilities (including under construction) in nine cities, signed an MoU with the Karnataka Government at the three-day 'Invest Karnataka 2022', Global Investors Meet, which concludes here on Friday.

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Headquartered in Mumbai, the company offers a portfolio of services that includes colocation, carrier-neutral and technical support services such as installation, networking, and monitoring, it was noted.

  • Yamini C S
    ABOUT THE AUTHOR
    Yamini C S

    Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More