Telangana Minister for IT and Industries KT Rama Rao, in a tweet today, announced that Amazon Web Services (AWS) will be investing Rs 20,761 crore for setting up multiple data centres across Hyderabad. This is the largest foreign direct investment in the State as of yet, added the Minister.
His tweet read, “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 #HappeningHyderabad”.
As per an official statement from the State’s IT department, “The AWS will set up an AWS Asia Pacific (Hyderabad) Region with three Availability Zones (AZs)in Hyderabad.”. The Availability Zones consists of multiple data centres at different locations in a single region that are designed to be operationally independent of one another with independent infrastructure and connections via a low-latency network, added the statement.
The Minister said that the investment will pose a strong anchor for attracting other technological investments.
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
— KTR (@KTRTRS) November 6, 2020