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WKN: A0J3UU | ISIN: LU0253815640 | Ticker-Symbol: N/A
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Colt Data Centre Services: Colt DCS plans new data centre in Chennai to expand presence in Asia-Pacific

Finanznachrichten News

Second Indian site planned as it becomes the digital crossroads for the East and the West

LONDON, March 7, 2024 /PRNewswire/ -- Colt Data Centre Services (Colt DCS), a leading global provider of hyperscale and large enterprise data centre solutions, has announced the expansion of its presence to Southern India with the acquisition of a new 10-acre plot in Chennai. It plans to deliver a hyperscale data centre in the fast-growing digital hub of Ambattur, Chennai by 2027.

Chennai, India

Chennai is India's fifth largest city by GDP and population, has a large and quickly growing digital market with a goal to become a $1 trillion economy by 2030. With the country's highest network speeds and serving as a major landing station for fibre networks, it directly connects India to the rest of the world. Colt DCS' expansion to the region will support the rapid digitalisation of industries in the area by providing the IT power capacity, security and accessibility required for businesses looking to scale up their operations.

The new site builds on Colt DCS' growth and will mark its 18th data centre globally, providing the infrastructure capacity for the rapid digitalisation of industry, mass cloud adoption and emerging technology such as AI. The plan also builds on Colt DCS' presence in India following the phase one completion and first customer in its Mumbai data centre. The new site is set to deliver a minimum of 70 MW of IT capacity.

With the rapid growth of India's digital market, having an experienced partner with a proven local track record in building large scale data centres, allows multinational organisations access to this new and competitive region. In common with other new Colt DCS data centre developments, the large-scale site will give customers a huge amount of capacity to grow into.

The site is set to be completed in 2027. Colt DCS is working with local contractors and supply chains to reduce the environmental impact of the scope 3 emissions and stimulate the economy of the surrounding area.

Richard Wellbrock, Chief Commercial Officer, at Colt DCS, said: "India's digitization efforts are accelerating, driving continued economic development. We view the Indian data centre market as a significant opportunity for growth and remain dedicated to supporting its development. The establishment of our new site in Chennai doubles our commitment to this market, enabling us to better facilitate the expansion of our customers into this thriving region."

Pratap Mane, Country Head India, at Colt DCS, said: "Chennai has always been a strategically important location for us for our expansion plans in India, due to the presence of multiple cable landing stations and large enterprise businesses. We expect the demand for data centres to continue to grow exponentially with the increased digitisation, adoption of AI and cloud services in India. The Tamil Nadu State Government on its part has been very proactive and is keen to develop Chennai as the number one destination for data centres in India. Colt DCS will deliver this project with global standards, sustainable design and with a high build quality for our hyperscale & large enterprise clients."

Notes for the media:

About Colt DCS

Colt DCS provides true service and operational excellence in the sustainable design, build, delivery and operational management of hyperscale data centres across Europe and APAC. We provide data centre solutions to hyperscale and large enterprise customers across 17 state-of-the-art carrier neutral data centres spanning 7 cities.

Our hyperscale and colocation solutions allow our customers freedom to plan effectively for the growth of their business, knowing that their data centre strategy is ready for the demands of tomorrow.

We have over 25 years of experience in the industry, delivering on our vision of being the most trusted and customer centric data centre operator in the market. We put environmental awareness at the heart of everything we do because we know it's the right thing to do for our planet. That's why we're taking the ownership to reduce our environmental impact globally and make sustainability a key strategic driver.

As part of our sustainability journey, Colt DCS has set comprehensive near- and long- term Science Based Targets to cut our emissions in line with the SBTi's latest Net Zero Standard.

www.coltdatacentres.net

Photo - https://mma.prnewswire.com/media/2356386/Chennai_Colt.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/colt-dcs-plans-new-data-centre-in-chennai-to-expand-presence-in-asia-pacific-302082162.html

© 2024 PR Newswire
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