Amazon is doubling down its investment in India with the latest announcement of Amazon Web Services (AWS) Cloud set up in Hyderabad.
The cloud wing of Jeff Bezos-owned company is all set to invest 20,761 crores for a cluster of data centers in the state of Telangana.
IT Minister KT Rama Rao stated that Amazon will launch its AWS Cloud services by mid-2022. KTR government and Amazon are jointly working on the project.
“Hyderabad is an important talent hub for IT professionals and entrepreneurs, and with the increased adoption of cloud computing, we are set to see a transformation in the way businesses in south India harness the power of IT,” Rama Rao said in a statement. “Combining the unique resources of Telangana with AWS, the world’s leading cloud, will boost economic development, power digital-led innovation and establish a cloud center hub for the rest of the country.
The AWS Hyderabad will be second in India after Mumbai and tenth in Asia. For Telangana, it is the biggest Foreign Direct Invest in state history.