Singapore firms to expand presence; make additional investment of ₹2,000 cr in State: MB Patil

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Singapore firms to expand presence and invest additional ₹2,000 crore in Karnataka: M.B. Patil - The HinduUpdated - September 25, 2026 10:42 pm IST - BengaluruCapitaLand Investment, a Singapore-based real asset manager, is keen to expand its data centre capacity in Karnataka, in addition to the 42 MW data centre it is developing at International Tech Park Banglore with an investment of approximately ₹2,000 crore, Minister for Large and Medium Industries M.B. Patil, who is visiting Singapore to attract investments to the State, said on Friday.Mr. Patil said ST Telemedia Global Data Centres (STT GDC), a leading data centre platform with a significant presence in India, has expressed interest in further expanding its data centre presence in the State. STT GDC operates 34 data centres across 10 cities with more than 613 MW of IT capacity, including three facilities in Bengaluru. The company is investing approximately ₹5,000 crore to develop a 100 MW data centre campus on KIADB land in Devanahalli, he said.Mr. Patil said there was considerable scope for deeper Karnataka–Singapore collaboration across high-value sectors such as aerospace and defence, semiconductors, aviation MRO and other advanced industries. These opportunities were discussed with Gan Siow Huang, Minister of State for Trade and Industry, Singapore.He said further progress in this regard would be pursued through Invest Karnataka Forum and the Singapore Enterprise Centre in Bengaluru. The Singapore Government has also been invited to participate as a partner country at the Global Investor Meet 2027 to be held next year, he added.Published - September 25, 2026 10:39 pm ISTSign in to unlock member-only benefits!Access 10 free stories every monthSave stories to read laterAccess to comment on every storySign-up/manage your newsletter subscriptions with a single clickGet notified by email for early access to discounts & offers on our products${ ind + 1 } ${ device }Last active - ${ la }