Tuesday, February, 18,2025

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Telangana secures Rs 60,000 crore AWS investment for data centres in Hyderabad

Davos: In an achievement for Telangana, Amazon Web Services (AWS) has committed to investing Rs 60,000 crores to expand its data centre infrastructure in the Hyderabad region.
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.
Representing AWS, Michael Punke, Vice President of Global Public Policy, outlined the company's vision for Telangana as an integral part of its India operations strategy.
The discussion highlighted the state government's proactive and supportive policies, which have created an ideal ecosystem for data centre development.
The new Rs60,000 crore investment will significantly bolster AWS's presence in Telangana, with plans to establish additional data centres in Hyderabad.
This expansion will cement Hyderabad's position as the undisputed hub of data centres in India, according to Minister D. Sridhar Babu.
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 (approximately Rs8,000 crore).
To facilitate this new phase of expansion, AWS has requested the allocation of additional land, a proposal that the state government has promptly agreed to support.
Hailing the investment, Chief Minister Revanth Reddy stated, "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 TelanganaRising vision at work."
Minister Sridhar Babu added, "With this deal, Hyderabad is set to be recognised as the Data Centres hub of India and an undisputed leader in the space."
AWS's decision to expand in Telangana underscores its commitment to supporting the state's digital ambitions. The Hyderabad AWS Region will play a pivotal role in driving the growth of cloud services, artificial intelligence, and advanced computing capabilities in India.

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Daily Astro

18-02-2025

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Aries

Today brings opportunities for growth, but you'll need to stay focused. Trust your instincts to navigate challenges.

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Pisces

Your intuition will guide you. Trust your feelings and explore creative outlets for peace of mind.

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Aquarius

Innovation is your theme today. Explore unconventional ideas to solve lingering problems.

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Capricorn

Hard work pays off today. Your dedication and discipline will lead to well-deserved recognition.

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Sagittarius

Adventure is calling! Embrace new opportunities, but keep a balanced approach to risks.

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Scorpio

Your determination will be unmatched. Dive deep into tasks, but don't forget to take breaks to recharge.

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Libra

Harmony in relationships is your priority. Compromise and understanding will strengthen your bonds.

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Virgo

Focus on organization and details. A well-planned day will lead to productive results and personal satisfaction.

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Leo

Leadership will come naturally. Take charge of situations but remain humble for the best outcomes.

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Cancer

Emotional balance is key today. Spend quality time with loved ones to find comfort and clarity.

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Gemini

Today is perfect for networking and sharing ideas. Your adaptability will help you tackle unexpected changes with ease.

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Taurus

Patience will be your strength today. Financial matters might need attention, so think twice before making big decisions.

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18-02-2025