Tech behemoth Amazon Internet Providers (AWS) agreed to speculate Rs.60,000 crore in knowledge centres in Telangana. “AWS will be expanding its data centres in Hyderabad in a big way with plans for fresh investment of around Rs 60000 crores. With this AWS Region in Hyderabad will play an increasingly important role in supporting AWS’s growth of cloud services in India, including AI in the future,” as per official communication.
AWS International Public Coverage vice chairman Michael Punke met with Telangana IT and Industries Minister D. Sridhar Babu and officers at World Financial Discussion board (WEF) annual convention 2025 in Davos, Switzerland.| Video Credit score:By Association
It has agreed to the Rs. 60,000 crore funding at a gathering between senior executives from Amazon Internet Providers represented by Michael Punke, vice chairman, AWS International Public Coverage and A. Revanth Reddy, Chief Minister and D. Sridhar Babu, IT and Industries Minister at World Financial Discussion board (WEF) annual convention 2025 in Davos, Switzerland.
AWS had earlier introduced to speculate US $4.4 billion by 2030 to develop its cloud infrastructure within the State. It thus far developed three websites within the State with an funding of round US $1 billion, that are already operational.
It has requested the federal government for facilitating allocation of extra land for his or her growth plans. The federal government has agreed to it.
AWS International Public Coverage vice chairman Michael Punke met with Telangana Chief Minister A. Revanth Reddy, IT and Industries Minister D. Sridhar Babu and officers at World Financial Discussion board (WEF) annual convention 2025 in Davos, Switzerland.| Picture Credit score:By Association
Hailing the most important funding resolution, the Chief Minister stated,“We are delighted with the growth of confidence of global businesses like Amazon to make huge investments as never before in our State now. The efforts of the last one year have truly borne fruit. This is Telangana Rising’’ vision at work.”
Mr. Sridhar Babu stated that with this deal, Hyderabad is about to be recognised as Information Centres hub of India and an undisputed chief within the area.
Revealed – January 23, 2025 03:04 pm IST
