AWS will Construct Data Centres in Telangana at an Investment of INR 60,000 Cr
Amazon Web Services (AWS) has reportedly agreed to investing INR 60,000 Cr (about $7 billion) to establish data centres in Telangana, which would significantly strengthen the state's IT economy. With plans to invest an additional INR 60,000 Cr, AWS will be significantly growing its data facilities in Hyderabad. As a result, the Hyderabad AWS region will be crucial to AWS' future expansion of cloud services in India, including AI, a chief minister's (CM) office official told a major media house. The news report further states that AWS asked the state authorities for a second piece of land for the expansion plans, and the government granted the request. Following a meeting with Amazon executives on the outskirts of the World Economic Forum's annual summit in Davos, Switzerland, a delegation led by Chief Minister Revanth Reddy and State Industries Minister D Sridhar Babu made the commitment.
Telangana Chief Minister praised the significant investment decision, saying the government is thrilled that international companies like Amazon are becoming more confident in the state and making larger investments than ever before. The past year's efforts have really paid off, he added.
Tillman Global Holdings and Blackstone Following the Footsteps of AWS
In addition to AWS, Tillman Global Holdings and Blackstone also committed INR 20,000 Cr to establishing data centres in Telangana alone. Blackstone agreed to invest INR 4,500 Cr to build a 150 MW data centre in Hyderabad, while Tillman Global Holdings, a US-based company, will invest INR 15,000 Cr to build a 300 MW data centre in Hyderabad. Telangana has signed agreements totalling INR 80,000 with the three businesses. The most recent development occurs five months after Amazon revealed plans to construct a new, hyperscale data centre in Hyderabad, which is reportedly essential for services enabled by machine learning (ML) and artificial intelligence (AI).
AWS Network in the State of Telangana
According to reports, Amazon also revealed plans to invest an extra $2 billion in Telangana in September of last year in order to increase the state's capacity for data centres. AWS has invested about $1 billion in Telangana and currently runs three data centres there. AWS is actively growing its footprint in the nation. For more than INR 450 Cr, it allegedly purchased a 38.18-acre plot of land in Palava, close to Mumbai, from Lodha Group in December of last year with plans to construct a hyperscale data hub. In addition to Amazon, several major IT companies are constructing data centres in the nation. Google and real estate developer Anant Raj inked a memorandum of understanding (MoU) last year to provide cloud computing services and data centre infrastructure to businesses. Additionally, Oracle announced in May of last year that it intends to treble its expenditures in India, concentrating on data and artificial intelligence.