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AWS Commits ₹60,000 Crore Investment For Data Centre Expansion in Telangana

Written by: Team Angel OneUpdated on: Jan 24, 2025, 2:45 PM IST
Amazon Web Services (AWS) has announced a significant investment of ₹60,000 crore to expand its data centre operations in Hyderabad, Telangana.
AWS Commits ₹60,000 Crore Investment For Data Centre Expansion in Telangana
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Amazon Web Services (AWS) has pledged an investment of ₹60,000 crore to expand its data centre infrastructure in Hyderabad, Telangana. The announcement was made during the World Economic Forum (WEF) annual conference in Davos, Switzerland, where AWS Global Public Policy Vice President Michael Punke met with Telangana IT and Industries Minister D. Sridhar Babu and Chief Minister A. Revanth Reddy.

The significant investment aligns with AWS’s plans to enhance its cloud services in India, particularly in the areas of artificial intelligence and digital infrastructure. Hyderabad, already hosting three operational AWS sites developed with an investment of approximately $1 billion, will play a pivotal role in this expansion. AWS has also sought additional land from the Telangana government to support its growth, a request that has been promptly approved.

Hyderabad: Emerging as India’s Data Centre Hub

Telangana Chief Minister A. Revanth Reddy expressed his enthusiasm for the investment, highlighting it as a testament to the state’s investor-friendly policies and global appeal. “This is Telangana Rising’s vision in action,” he remarked, emphasising the state’s efforts over the past year to attract such monumental investments.

IT and Industries Minister D. Sridhar Babu stated that Hyderabad is poised to become the undisputed leader in the data centre space in India. AWS’s commitment to Telangana aligns with its earlier announcement to invest $4.4 billion in the state by 2030, further enhancing its cloud infrastructure to meet growing demands.

Conclusion

AWS’s ₹60,000 crore investment reinforces Hyderabad’s reputation as a key hub for cloud services and data centres. This expansion not only bolsters Telangana’s position in the tech sector but also strengthens India’s digital infrastructure, paving the way for future growth in emerging technologies like artificial intelligence.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Jan 24, 2025, 2:45 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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