In a big boost to Telengana economy, Amazon has decided to set up its web service centre in Hyderabad. According to Telengan government Amazon Web Service(AWS) one of the largest cloud computing platforms in the world, has come forward to set up multiple data centres in the state at an estimated investment of Rs20,761 crore. State minister for information technology and industries KT Rama Rao (KTR) in his tweet said “Happy to announce the largest Foreign Direct Investment (FDI) in the history of Telangana! The @AWSCloud Hyd Region is expected to be launched by mid-2022 #HappeningHyderabad,”
An official release said The AZs would consist of multiple data centres in separate locations within a single region that are engineered to be operationally independent of one another with power, cooling, physical security, and connections via a low-latency network. “Establishment of data centres like AWS is expected to support Telangana’s digital economy and information technology (IT) sector in a multifold way,” said the official release. Establishment of data centres in a region would increase the operations of sectors such as e-commerce, public sector, banking and financial services and insurance (BFSI), IT, etc, it added. This investment from AWS, the largest FDI that the state has attracted since its inception in June 2014,
Newsinc24 Team





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