Ctrl S to invest $250 mn; open 4 data centres

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New Delhi, March 25: Hyderabad-based firm Ctrl S Data Centers on Tuesday said it is planning to invest 250 million dollars to open four data centres in the country in next 2-3 years.

"We are planning to open four data centres in Bangalore, Chennai, Delhi and Mumbai by 2010 which would entail an investment of 250 million dollars," Ctrl S Data Centers Chairman and Managing Director S Reddy said.

Ctrl S Data Centers is a data centre firm and data centres house computer systems and associated components, such as telecommunications and storage systems. Currently, the company has a Tier-4 data centre in Hyderabad with a capacity of 1,000 racks.

All the existing data storage centres in India are tier-2 and tier-3, he said. The tier-4 facility is the highest category of data centres in the world and it costs 30 to 40 per cent higher than the other two categories of facilities. With the new four data centres coming up in the country, the company expects to create a capacity of 20,000 racks.

The Asian Data Centre market would increase by a compound annual growth rate of 11.5 per cent over the period from 2006 to 2010 with India becoming the fastest growing market. He said the data centre industry in the country is expected to grow many fold with nearly 1,700 square feet data centre space expected to be created in India by 2010.