Telangana: The state of telangana is getting better results in attracting investments. technology giant microsoft is all set to invest Rs 15,000 crore to set up its largest data center in india in Hyderabad.
The state of telangana is getting better results in attracting investments. Is now ready to receive the largest investment. technology giant microsoft is all set to invest Rs 15,000 crore to set up its largest data center in india in Hyderabad.
Microsoft is strategically setting up this data center to help customers with a cloud, Artificial Intelligent (AI) based wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital economy. It provides services in microsoft Cloud Portfolio, Data Solutions, Artificial Intelligence, Productivity Tools, and customer Relationship Management. It is going to be a key investment in the state.
Microsoft to invest Rs 15,000 crore over 15 years to set up a fourth-largest data center in hyderabad region, says telangana IT and industries minister Katie Rama Rao (KTR) said. microsoft has chosen hyderabad to set up the largest data center in the hyderabad region.
It will further boost the state's IT economy," minister KTR said. A study has revealed that 15 lakh new jobs have been created in india through microsoft data centers. In addition, 169000 new IT jobs were created. The minister said the upcoming data center would further boost the IT sector, which has registered a growth of 9.5 per cent in the state.
Telangana IT minister KTR expressed happiness over the decision of microsoft to select hyderabad as its data center. He said that it will be the biggest FDI coming to telangana state. Cloud services for local companies are being expanded through the microsoft Data Center.
"Microsoft, telangana has a long history. The company is happy to open the largest data center in hyderabad and is happy to see the Telangana-Microsoft relationship grow," he said. He said that all measures are being taken for the progress of the IT sector in the state.
click and follow Indiaherald WhatsApp channel