Hyderabad: IT Minister KT Rama Rao today stated that noted Amazon company has agreed to invest a whopping Rs 20,761 cr in Hyderabad, This is the biggest FDI by Amazon Web Services in Telangana history he said on Twitter.
He informed me that he is happy to announce that the biggest FDI by Amazon Web Services, after a series of meetings, has given nod for the big investments in our state. This company is to launch a big business of multiple data centers in Hyderabad and other places. I welcome this company to be launching its services in 2022. AWS will start three availability zones in Hyderabad he said.
KTR has said that each center will have multiple data centers. This development reflects speedy permission and hassle-free mechanism being offered by the government. It will strengthen the bond between the company and the Telangana government, he hoped.
Credit goes to the government for its support, transparent method, and facilities for new companies foray in with huge investments, he averred. The company will add to state economic growth, jobs, and employment.
