Microsoft, Telangana Seal Deal For ₹15K-cr Data Hub
Business Standard|January 20, 2022
US tech giant Microsoft and the Telangana government have finalised a deal to set up a 15,000-crore data centre in Hyderabad. A 50-acre land near the city is believed to have been finalised and the project is expected to create around 300 jobs.
Shine Jacob & Shivani Shinde

According to sources aware of the development, a formal announcement is likely to come within a month.

Microsoft did not comment on questions from Business Standard.

Telangana is one of the few states that came out with a data centre policy in India, way back in 2016. It is also expecting investments to the tune of around $10 billion in the segment in the next five years.

In late 2020, Amazon Web Services (AWS) had announced plans to set up its second data centre region in the country in Telangana at an investment of $2.77 billion.

Flipkart and Ctls are also coming up with similar facilities in the state.

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