Saturday, March 29, 2025
More
    HomeHyderabadTelangana Gains Rs 10,000 Crore Investment for AI Data Center at Davos

    Telangana Gains Rs 10,000 Crore Investment for AI Data Center at Davos

    Related stories

    Terms auction of Kancha Gachibowli lands as unreasonable

    Hyderabad: BRS Working President KT Rama Rao has strongly...

    KTR thrilled as BYD plans to open operations in the State

    Hyderabad: KT Rama Rao, the Working President of the...

    Fine rice scheme set to launch in Huzurnagar tomorrow

    Hyderabad: The Telangana state government is getting ready to...

    AICTE allows core branch faculty to teach new and emerging courses

    Hyderabad: TSTCEA President Aineni Santosh Kumar has requested Jawaharlal...
    -Advertisement-

    Telangana has achieved a significant milestone in its digital advancement. The state’s Chief Minister, A. Revanth Reddy, and the Telangana Rising delegation secured a ₹10,000 crore investment during the World Economic Forum (WEF) summit in Davos. The deal involves CtrlS Datacenters Pvt Ltd, a leading data center solutions provider, which will establish an advanced AI data center cluster in Telangana.

    The agreement was finalized at the summit in the presence of Telangana Industries and IT Minister Duddilla Sridhar Babu, senior officials, and CtrlS CEO Sridhar Pinnapureddy. This new project is expected to transform the state’s digital infrastructure.

    - Advertisement -

    Project Details

    The AI data center cluster will have a massive capacity of 400 megawatts. This development places Telangana at the forefront of advanced digital infrastructure in India.

    Also read:  HC issues notice to government on PIL to protect Rs 50 crore land from encroachers in RR district

    Job Creation

    The project is set to generate approximately 3,600 jobs. These positions will include roles for both skilled and semi-skilled workers, providing a significant boost to local employment opportunities.

    - Advertisement -

    Government’s Perspective

    Minister Sridhar Babu hailed the project as a major achievement for Telangana’s digital growth. He emphasized that the initiative will strengthen IT services and create new job opportunities in the region.

    Investor’s Outlook

    CtrlS CEO Sridhar Pinnapureddy expressed pride in partnering with the Telangana government. He highlighted that the data center cluster will elevate IT standards in the state and support its digital transformation.

    This agreement not only underscores Telangana’s appeal as a hub for global technology investments but also reflects the state’s commitment to innovation and infrastructure development.

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here