ST Telemedia Global Data Centres (India) (STT GDC India), one of India’s leading data centre providers, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest up to ₹5,000 crore in new and expanded data centre campuses.
The agreement was signed in Mumbai in the presence of Chief Minister Devendra Fadnavis, senior government officials, and STT GDC leadership. The investment will support the expansion of existing parks and the development of a new 27-acre campus in Palava. The initiative is expected to generate over 2,500 jobs and strengthen Maharashtra’s digital infrastructure.
The ₹5,000 crore investment will fund both the expansion of STT GDC’s current data centre parks and the construction of a new campus in Palava. The 27-acre facility is designed to support high-performance and AI-related computing.
This move reflects the company’s commitment to building scalable and future-ready infrastructure in key urban centres. The new developments aim to meet growing demand for digital services, cloud infrastructure, and artificial intelligence-driven solutions in India’s western region.
The projects are expected to create more than 500 skilled jobs and around 2,000 indirect employment opportunities. These roles will contribute to Maharashtra’s growing digital economy and support the development of related industries.
The initiative aligns with the state’s broader vision to become a leading hub for technology and innovation. It also reinforces India’s position as an emerging global destination for data centre investments amid rising demand for digital infrastructure.
“This collaboration underscores our shared commitment to accelerating digital transformation and positioning Maharashtra as a preferred destination for global technology infrastructure,” said Bruno Lopez, President and Group Chief Executive Officer of ST Telemedia Global Data Centres.
Devendra Fadnavis, Chief Minister of Maharashtra, stated that the investment marks a key step forward in the state’s digital journey. He added, “The collaboration aligns with the state’s vision to become India’s leading hub for technology and innovation,” and assured full government support to ensure timely completion and job creation.
With this expansion, STT GDC India strengthens its presence across 10 major cities: Mumbai, Pune, Chennai, Noida, Bengaluru, Delhi, Hyderabad, Kolkata, Jaipur, and Ahmedabad. The company aims to build AI-ready campuses featuring advanced liquid cooling technologies.
“Through our planned investments, we aim to build scalable, sustainable and AI-ready data centre campuses featuring advanced liquid cooling technologies that will help build a robust digital backbone for hyperscale clients, enterprises and communities in Maharashtra,” said Bimal Khandelwal, CEO of STT GDC India.
The company’s expansion strategy complements India’s Digital Infrastructure Vision 2030, targeting capacity growth in both hyperscale and enterprise data segments.
Read More: Maharashtra Launches e-Bond System for Import-Export
STT GDC India’s ₹5,000 crore investment marks a significant milestone in Maharashtra’s digital infrastructure development. The new and expanded campuses will support emerging technologies and create thousands of jobs.
With strong government backing and a clear strategic vision, the company is poised to play a key role in India’s data centre growth. Stakeholders will be watching closely as these projects unfold in Mumbai and Pune, strengthening India’s position in the global digital economy.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 17, 2025, 1:24 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN