Davos, Jan 23: Amazon Web Services (AWS) has announced to invest Rs 60,000 crores to expand its data centre infrastructure in the Hyderabad region of Telengana.
This agreement was secured during a high-level meeting between Telangana's delegation, led by Chief Minister A Revanth Reddy and IT & Industries Minister D Sridhar Babu, and senior executives from AWS at the World Economic Forum, Davos.
Michael Punke, Vice President of Global Public Policy of AWS described about the company's vision for Telangana as an integral part of its India operations strategy.
The new Rs 60,000 crore investment will bolster AWS's presence in Telangana, with plans to establish additional data centres in Hyderabad, said an official.
Minister D. Sridhar Babu said this expansion will cement Hyderabad's position as the undisputed hub of data centres in India.
AWS has been a long-term partner in Telangana's digital growth journey. The company previously announced a USD 4.4 billion (Rs36,000 crore) investment by 2030 to enhance cloud infrastructure in the state.
AWS has already developed three operational data centre sites in Telangana, representing an investment of $1 billion.
Chief Minister Revanth Reddy said, "We are delighted with the growth of confidence of global businesses like Amazon to making 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."
