Amazon to invest over ₹20,000 cr in Telangana for data centres, says KTR
To set up multiple data centres in Telangana, Amazon Web Services (AWS) will be investing $2.77 billion ( ₹20,761 crore) in the state, Minister for IT and Industries KT Rama Rao said on Friday.
It is the largest Foreign Direct Investment (FDI) in the history of the state, KTR added.
Taking to Twitter, KTR said, “Happy to announce the largest FDI in the history of Telangana! After a series of meetings, AWS has finalized investment of ₹20,761 Cr ($ 2.77 Bn) to set up multiple data centers in Telangana The @AWSCloud Hyd Region is expected to be launched by mid 2022.”