Home Hyderabad Telangana 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

0
Telangana Gains Rs 10,000 Crore Investment for AI Data Center at Davos

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.

Project Details

LandSeeker

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.

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.

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.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version