Published: Published Date – 03:10 PM, Mon – 7 March 22
Source: Twitter/KTRTRS
Hyderabad: The State of Telangana is all set to get its biggest investment so far. Technology giant Microsoft is all set to invest Rs 15,000 crore to set up its largest datacentre region of India in Hyderabad.
Minister of IT and Industries department K T Rama Rao informed that Microsoft will be investing Rs 15,000 crore over a period of 15 years to set up fourth and largest datacentre in Hyderabad region.
“This will be the largest investment that Telangana would have got so far. Microsoft has chosen Hyderabad to set up largest datacentre in Hyderabad region and this will further boost the IT economy of the State,” Rama Rao said.
This will be one of the largest FDIs that Telangana has attracted; Will indirectly support local business growth and facilitate job creation across IT operations, facilities management, data and network security, network engineering and much more
— KTR (@KTRTRS) March 7, 2022
The minister also informed that the tech giant is has about 9,000 employees working out of the India Development Centre (IDC) and the upcoming datacentre will provide further impetus to the growing prowess of IT in the State which has registered a growth of 9.5 per cent in 2020-21 period.
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