Streamcloud To Invest Rs 2200 Cr To Open Data Center In Maharashtra

Streamcast Group, a private IP cloud operator, has said it will invest Rs 2200 crore to open a high compute date centre in Sawantwadi, Maharashtra, through its cloud computing business, Streamcloud. The investment will be made over the next five years.

The company has already laid the foundation of Streamcloud’s first Data Centre in India, and the occasion was graced by Deepak Kesarkar, minister of state for home planning and fiannce as the Chief Guest along with Vinayak Raut, Member of Parliament for Ratnagiri and Sindhudurg Constituency, and Nimish Pandya, Chairperson, Streamcast Group.

“We are welcoming non-polluting yet futuristic industries to Sindhudurg. Today, with Streamcloud, it is a beginning of this future. We are opening the doors of technology and with that, opportunities of employment and specialised training. And with Streamcast’s philosophy of benefiting the entire community, the launch of SAI Centre of IT Excellence will give the youth of Sindhudurg an opportunity to train in all facets of hardware and software development, empowering them to work anywhere in this global landscape,” said Deepak Kesarkar, Minister of State for Home (rural) Planning.

Commenting on the company’s commitment to India, Mark Aldridge – COO, Streamcloud, said, “We at Streamcloud are incredibly proud to be working on such a prestigious Partnership here in Sawantwadi. Not only will we deliver the most powerful compute Datacentre but also see its preservation as an ‘area of outstanding beauty’ as one of our core drivers to ensure we leave a positive lasting impression. One that can provide for the local economy as well as put Sawantwadi on the Global Datacentre infrastructure Map.”

Streamcloud is a high-performance cloud computing business of the Streamcast Group. By leveraging its innovative technology solutions and latest IT infrastructure, Streamcloud Data Centres provide uninterrupted and superior delivery of the core SaaS service offered by the Group at low costs. After the successful launch of its global Data Centre in Malta, Streamcloud’s Data Centre in India, aims to boost development of developing regions by bringing its best in class infrastructure, high-end technology as well as to drive employment and education opportunities in the region.

Besides the data center, Streamcast Group, the parent company of Streamcloud, will also be setting up a vocational centre under the name of SAI Centre of IT Excellence which will offer IT courses for students. The centre will be launched with the aim to provide the youth of Sindhudurg and Maharashtra with the opportunities to skill themselves in the field of Information Technology and to thereby, generate employment.

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