Hyderabad: Amazon Web Services (AWS) will be investing USD 2.77 billion (Rs 20,761 crore) in Telangana to set up multiple data centres, Telangana 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, he added.
AWS is the cloud platform offered by Amazon.
"Happy to announce the largest FDI in the history of Telangana! After a series of meetings, AWS has finalized investment of Rs 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," the minister tweeted.
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A press release issued by Rama Rao said, AWS is investing to set up an AWS Region with three Availability Zones (AZs) here.
AZs consist of multiple data centres in separate distinct locations within a single region that are engineered to be operationally independent of one another with independent power, cooling, physical security and connections via a low-latency network, it said.
The minister had met officials from AWS during his Davos visit earlier in the year and subsequently arrived at the closure on the investment in a swift manner, according to the release.
(PTI Report)
