GIFT, which is India's first globally benchmarked International Financial Services Centre (IFSC), will see the consortium set up and manage one of the country's largest green data centres. The data centre is expected to be operational by June 2015.
The concessionaire 'Smart ICT Services' will undertake the establishment, management, and operation of ICT infrastructure, services and platforms within GIFT on a Build, Own and Operate (BOO) basis, GIFT said in a statement.
"The Tier IV Data Centre that Tata Communications is setting up will add enhanced capabilities and capacity to the world class infrastructure currently being rolled out for the financial community by GIFT City," Tata Communications CFO Sanjay Baweja said.
The data centre will facilitate a flawless and readily available business environment for the various agencies located in GIFT, its Managing Director and Group CEO Ramakant Jha said.