Amazon Web Services (Asia Pacific Region-Hyderabad) said on Friday that it will boost its investment from Rs 20,096 crore (USD 2.7 billion) in 2020 to Rs 36,300 crore (USD 4.4 billion) by 2030, making it one of the largest FDIs into Telangana.
This declaration comes after Microsoft, the world’s largest IT company, revealed plans to build data centres in the city for a total investment of Rs 16,000 crore.
Amazon Web Services will invest in three Hyderabad data centre sites in phases: Chandanvelly, FAB City, and Pharma City.
The statement was made on the margins of the AWS Empower India event, which was hosted on Friday at the Hyderabad International Convention Centre (HICC) and focused on cloud adoption to commemorate the Hyderabad Zone’s activation on the AWS network.
The three data centres are critical components of AWS’s strategy to enhance its cloud infrastructure in order to better service its Indian and international clients while providing them with more cloud regions to select from.
All three data centres have completed their first phases, and consumers may now access cloud services through them.
IT minister KT Rama Rao and IT secretary Jayesh Ranjan, who are in Davos to attend the World Economic Forum (WEF) to draw in investments for Telangana, expressed their delight at AWS’ increasing investment in the state.
‘I am pleased to see Amazon growing its investment in their Hyderabad Data Centers, making it one of the state’s largest FDIs. We have also worked with AWS to enhance e-governance, healthcare, and municipal operations for the benefit of Telangana residents. We are glad that the new AWS Region in Hyderabad would encourage further innovation and growth for numerous Indian firms, startups, and public sector organisations,’ Rama Rao said.
Apart from the Data Centre investments, Hyderabad has been Amazon’s favoured destination in India. Hyderabad is home to both AWS’ largest campus in the world and Amazon’s first and largest fulfilment centre.
The Telangana government is also actively collaborating with AWS’ cloud practice and has hosted several of its projects on AWS to capitalise on the benefits of cloud computing.