Tata Communications to strengthen India-Singapore digital Corridor; shares trade in red

Tata Communications shares came in focus after company announced major capex by investing in undersea cable infrastructure. Shares opened in red in the early session, but recouped all the losses to trade in green. The shares made intraday high of ₹1,976 apiece, before witnessing selling pressure in the afternoon session.

Tata Communications is planning to invest in subsea cable infrastructure via acquisition of significant fiber capacity, to strengthen its connectivity solutions between the emerging AI hubs of Mumbai and Chennai in India and Singapore, Asia’s leading cloud and AI ecosystem. These investments are aimed at addressing the growing bandwidth and AI-driven data demands of enterprises across Asia and further extension globally.

The company is enhancing its Tata Global Network (TGN) capabilities by Integrating a new subsea cable system between Mumbai & Singapore, and investing as a consortium member in a new subsea cable system, connecting Chennai to Singapore with expected Ready for Service (RFS) in Q4 2029.

Under the expansion, the company plans to add around 20 Tbps capacity on the Mumbai-Singapore route through the MIST cable system, and around 78 Tbps capacity on the Chennai-Singapore route through Project CS. The MIST cable system expected RFS is Q4 FY2027 with initial lit capacity of 2 Tbps and subsequent upgrade of capacity in future years.

The Project CS expected RFS is Q3 FY2031 with initial Lit Capacity of around 4 Tbps and subsequent upgrade of capacity in future years. The company plans to invest $63 million for MIST cable system in FY2027 and $89 million for Project CS from FY2027 till FY 2031.

The India-Singapore subsea route is set to become one of the world’s most critical digital corridors in future, representing a high-capacity, low-latency pathway that will underpin critical enterprise, cloud, and hyperscaler traffic between India, Southeast Asia, and global markets.

By enhancing capacity on its TGN network, the company is furthering its ability to deliver diverse, agile and high-performance connectivity to customers. Together, these investments will meet the growing needs of the Data Centre (DC) ecosystem offering enterprises a scalable, reliable & future ready connectivity between India and Singapore.

Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.