India's Tata Communications plans to invest $430 million in the Asia-Pacific region.

The investments will include developing an internet data centre and the completion of the main segment of its TGN-Intra Asia Cable System. The development forms part of the company’s commitment to enhance its global infrastructure as part of an ongoing US $2 billion expansion plan over the next three years, the company said in a statement.

The Tata Communications Exchange and the TGN-Intra Asia Cable System are integral parts of the Tata Global Network (TGN) that includes one of the most advanced and largest submarine cable networks, a tier-1 IP platform and more than 1 million square feet of data centre and co-location facilities worldwide.

The new infrastructure investment comes due to increasing outsourcing demands from global multinational corporations into emerging markets. Tata Communications itself is expanding its capacity with the construction of a flagship data centre, the Tata Communications Exchange in Singapore. It will be ready for operation in early 2010. The new data centre will provide increased capacity for both domestic and international companies

“The Asian market continues to be promising, even in the current economic environment. Businesses need to capitalise on the opportunities this region provides, and investments in Asia are critical for the growth of global business,” said Vinod Kumar, president and chief operating officer for Tata Communications. “Our large-scale investment in the Tata Communications Exchange, coupled with our submarine cable build-out, ensures scalability and global reach while delivering our commitment to meet customer requirements. We will continue to be an active leader in offering superior services into emerging regions where we see high growth potential and opportunities for customers.”