Amazon Web Services to invest $1.5 b for two data centres in India
E-commerce major Amazon’s cloud computing arm AWS (Amazon Web Services) is reportedly investing about $1.5 billion to set up two data centres in India . These data centres will come up in Hyderabad, where it already has a huge presence.
The US-based firm is in the process of getting statutory clearances from the State and Central governments to set up the datacentres.
AWS is a major player in cloud computing services. The data centres are being set up amidst the backdrop of growing demand for cloud services in the country and the upcoming data localisation norms.
Data centre policy
Industry sources said the decision to invest in Hyderabad was not a difficult one, as Telangana had a dedicated policy for data centres which offers easy facilitation and incentives to the firms that set them up in the State.