CtrlS’ new data center in Gujarat to generate 1k jobs
Gujarat Chief Minister Bhupendrabhai Patel on Friday inaugurated CtrlS Datacenters Ltd's new data center in GIFT City, Gujarat. The company plans to invest over ₹250 crore, creating more than 1,000 direct and indirect jobs, in phases. This data center would be Gujarat’s first Rate-4 infrastructure offering managed services, the company said in a release. A data center is rated by the quality of its IT infrastructure and Rate-4 or a Tier-4 rating means that it is ‘highly-reliable’.
CtrlS' entry into Gujarat will boost the digital infrastructure, especially in GIFT City, a hub for banking, insurance, and financial services. Further, CtrlS Datacenters will extend its group company Cloud4C’s managed services to support financial institutions operating in the GIFT City. Cloud4C is already working with several large financial services customers worldwide as well as with multinational banks.
“The State of Gujarat is one of the fastest-growing economic hubs in India, making it a strategic destination for CtrlS' ongoing expansion. We are excited to bring our expertise to the State. Located in GIFT City, the datacenter will be easily accessible to all major clusters of the State. GIFT City is a global financial hub and home to several large international and national BFSI companies and is an ideal location for us,” said Sridhar Pinnapureddy, Chairman, CtrlS Datacenters Ltd.
In October, CtrlS announced its plan to invest $2 billion over the next six years to scale its operations and expand its business. Further, in November, CtrlS Datacenters signed a memorandum of understanding (MoU) with the Uttarakhand government to invest ₹250 crore in establishing a greenfield Edge data centre with a capacity of 10 MW over the next 8-10 years.