Data centre firm STT GDC India goes on sale
Private equity firm KKR, telecommunications company Singtel, and Tata Group are considering selling their majority shares in STT Global Data Centres India Private Ltd (STT GDC India). This move aims to unlock value as the top three co-location providers in India are poised to benefit from a surge in global deals. The sale process, facilitated by advisors, will target global players, large Indian conglomerates, and financial sponsors.
STT GDC India currently operates 34 data centers across 10 locations with a total capacity of 613 MW.
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