logo
GTT Data to Focus on Strategic Acquisitions and Partnerships in Next 12-18 Months

GTT Data to Focus on Strategic Acquisitions and Partnerships in Next 12-18 Months

Entrepreneura day ago
By 2030, the company's goal is to have 60 per cent of revenues coming from international markets and 40 per cent from India
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
GTT Data Solutions, a new-age tech company, will be going after strategic acquisitions and partnerships in the next 12-18 months as it aims to scale from its current revenue levels to INR 500 crore by 2030.
"In the next 12–18 months, while organic growth will remain largely India-focused, our global expansion – through targeted acquisitions and strategic partnerships – will play a key role in driving margin improvement," Ganesh Natarajan, Chairman of GTT Data, told Entrepreneur India.
"At the core of our growth strategy is Dual Intelligence – the strategic convergence of human expertise and artificial intelligence. This approach is already translating into strong client stickiness and expanding long-term value creation, especially in sectors grappling with rapid digital shifts. Looking ahead, we anticipate industry leading growth over the next 3–5 years," Natarajan added.
Over the past year or so, GTT Data has integrated seven companies, each designed to strengthen its capabilities across AI, automation, cloud infrastructure, enterprise platforms, data analytics, and digital skilling. Some of these companies are: Itarium Technologies, CRG Solutions, Alpharithm, Ujjvilas Technologies, Shikuyaa, Global Talent Track, and SEED Infotech.
"Our recent acquisition of Alpharithm's Singapore arm further strengthens our international presence and deepens our capabilities in AI and automation," Natarajan said.
GTT Data believes in expanding beyond metros to tier-II and tier-III cities. As part of this strategy, the company is scaling up its presence in Sangli, Maharashtra. "As of today, GTT Data Solutions has a talented workforce of about 700 employees across India. This includes 70 team members at our Sangli centre, which we aim to grow to 500 over the next three years," said Natarajan.
GTT's hiring is centered on two major themes: strategic scale and talent quality. "We are actively recruiting across AI, automation, cloud, analytics, enterprise platforms, and UX/UI—areas bolstered by our recent acquisitions. Simultaneously, we're building long-duration, mutually beneficial relationships with engineering colleges, especially in tier-II cities like Sangli, to bring in fresh graduates and equip them with both technical and soft skills," he added.
In addition to Sangli, GTT Data Solutions has existing centres in Pune, Mumbai, Bengaluru, and Hyderabad, serving a wide array of clients across sectors.
Currently, nearly 90 per cent of the company's revenue is contributed by clients in India. "That said, we are actively working to diversify this mix. By 2030, our goal is to have 60 per cent of revenues coming from international markets and 40 per cent from India. This strategic rebalancing reflects our global ambitions and the strengthening of our international delivery capabilities. We are particularly focused on expanding in the US, Southeast Asia, and Europe, markets where enterprise demand for AI-led transformation is rapidly accelerating," Natarajan said.
Sector wise, GTT Data is focussing on transforming key sectors such as technology services, BFSI, retail, healthcare, and manufacturing. "These are industries where our Dual Intelligence model, combining human expertise with advanced AI, delivers measurable impact. Our flagship GAIN (GTT AI Accelerator Network) initiative is also accelerating this momentum by supporting over 100 emerging AI startups with mentorship, market access, and joint innovation opportunities," he added.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gerresheimer to spin off moulded glass business
Gerresheimer to spin off moulded glass business

Yahoo

time22 minutes ago

  • Yahoo

Gerresheimer to spin off moulded glass business

Gerresheimer has announced plans to separate its moulded glass business following a comprehensive strategic review aimed at assessing growth opportunities and competitive positioning. The company, which serves the pharmaceutical, biotech, and cosmetic sectors, plans to initiate a sales process for this business unit. The moulded glass division, strengthened by the acquisition of Bormioli Pharma, operates eight production facilities across the Americas, Europe, and Asia. In 2024, this unit generated approximately €735m ($850.4m) in revenues, with an adjusted earnings before interest, taxes, depreciation, and amortisation margin of around 20%. As part of the integration of Bormioli Pharma, Gerresheimer is establishing the moulded glass business as a standalone entity. Further updates on this transition will be shared during the upcoming capital markets day scheduled for 15 October 2025. The combined operations provide a diverse range of glass packaging solutions, including bottles, jars, and containers, for the pharmaceutical, cosmetic, and food and beverage sectors. In addition, the acquisition has allowed Gerresheimer to expand its offerings, including primary packaging and dosing systems for pharmaceuticals while enhancing opportunities for integrating high-value plastic solutions within the industry. Gerresheimer CEO Dietmar Siemssen said: 'We see the best growth opportunities for our newly formed Moulded Glass Powerhouse outside the Gerresheimer Group. 'As part of our strategic transformation, Gerresheimer will focus even stronger on the portfolio of systems and solutions for the pharma and biotech industry.' The company has invested around €100m in upgrading its facility in Lohr am Main, Germany, by installing an energy-efficient oxy-hybrid furnace over the past two years. In December 2024, Gerresheimer announced the addition of a new syringe production hall at its site in Skopje, North Macedonia, with an investment of more than €100m. "Gerresheimer to spin off moulded glass business" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

GDS Announces Official Listing and Trading of its C-REIT on the Shanghai Stock Exchange from 8 August, 2025
GDS Announces Official Listing and Trading of its C-REIT on the Shanghai Stock Exchange from 8 August, 2025

Yahoo

time22 minutes ago

  • Yahoo

GDS Announces Official Listing and Trading of its C-REIT on the Shanghai Stock Exchange from 8 August, 2025

SHANGHAI, China, Aug. 05, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ('GDS Holdings', 'GDS' or the 'Company') (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that its previously announced China REIT ('C-REIT') will be officially listed and start trading on the Shanghai Stock Exchange from 8 August, 2025, under the fund code 508060. About GDS Holdings Limited GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company's facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company's data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company's customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets. For investor and media inquiries, please contact: GDS Holdings LimitedLaura ChenPhone: +86 (21) 2029-2203Email: ir@ Piacente Financial CommunicationsRoss WarnerPhone: +86 (10) 6508-0677Email: GDS@ Brandi PiacentePhone: +1 (212) 481-2050Email: GDS@ GDS Holdings Limited

India's SBI Life and AU SFB forge bancassurance alliance
India's SBI Life and AU SFB forge bancassurance alliance

Yahoo

time22 minutes ago

  • Yahoo

India's SBI Life and AU SFB forge bancassurance alliance

India's SBI Life Insurance has formed a corporate agency partnership with AU Small Finance Bank to enhance the availability of insurance solutions in the country. This initiative aligns with the government's vision of 'Insurance for All by 2047' by extending coverage throughout the country. The collaboration will facilitate the distribution of life insurance products, serving various financial needs such as protection, savings, investment and retirement planning. These services will be accessible to customers through AU Small Finance Bank's network, which includes more than 2,500 contact points across 21 states and four union territories. Moreover, the alliance will utilise AU Small Finance Bank's digital channels. SBI Life Insurance Business Strategy president Abhijit Gulanikar said: "Our partnership with AU Small Finance Bank is a strategic step towards deepening insurance adoption across India. 'AU's strong rural reach and community connect bring us closer to the shared vision of 'Insurance for All by 2047', making protection more accessible – one household at a time." AU Small Finance Bank executive director and deputy CEO Uttam Tibrewal said: "This partnership with SBI Life Insurance reinforces our shared commitment to delivering reliable, need-based insurance solutions to diverse communities across urban and semi-urban areas of India. 'By combining the strengths of both institutions, we aim to drive true financial inclusion and secure a better tomorrow for millions." In November 2024, AU Small Finance Bank partnered with Bharti AXA Life Insurance to provide life insurance solutions to its customers. AU Small Finance Bank's portfolio encompasses a full spectrum of banking offerings including remittances, deposits, loans and credit cards. "India's SBI Life and AU SFB forge bancassurance alliance " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store