CtrlS Datacentres to Invest ₹250 Crore in GIFT City Expansion

Hyderabad-based CtrlS Datacentres has unveiled plans to establish a greenfield data center in GIFT City, Gujarat, with a substantial investment of ₹250 crore. Gujarat Chief Minister Bhupendra Patel officiated the groundbreaking ceremony for this project, named "Gandhinagar 1 Data Centre." Anticipated to be commissioned by 2025, the Rated-4 data center is set to play a pivotal role in expanding CtrlS Datacentres' operations.

Anil Nama, the CIO of CtrlS Datacentres, disclosed that the investment would be executed across multiple phases, with the project expected to generate 1,000 direct and indirect jobs, including those created by the company's clients. CtrlS Datacentres currently manages 12 data centers across seven cities and has secured one acre of land in GIFT City for the development of the data center. Siddarth Chennareddy, VP of Global Expansions and Strategy, mentioned that the company is yet to finalize the size of the data center.

The selection of GIFT City as the site for the data center is attributed to its clean environment, absence of industries, robust firefighting infrastructure, and a flood-free history. Nama highlighted these factors, stating, "The equipment in data centers contains copper, and so we need a clean environment. During our recce, we found the atmosphere in and around GIFT City conducive and free of industries. It also has firefighting infrastructure and has zero flood history. There are also multiple telecom providers in GIFT City."

CtrlS Datacentres is gearing up for significant expansion, with plans to establish five additional data centers in 2024, including locations in Chennai, Kolkata, Mumbai, and Hyderabad.

In a strategic move, the company will extend its group company Cloud4C's managed services to enhance the capabilities of financial institutions operating within GIFT City, providing a competitive edge in the burgeoning data-centric landscape.

HBL