Telangana CM lays foundation for Amazon Data Centre, seeks Rs 1 lakh Cr investment
The state government aims to make Telangana a $1 trillion economy by 2034 and a $3 trillion economy by 2047, while the union government aims to make the country a $30 trillion economy by 2047, he said.
Telangana Chief Minister A Revanth Reddy on Wednesday laid the foundation stone of Amazon's Data Centre and urged the company to invest Rs 1 lakh crore by 2034 in the Bharat Future City, being developed on the outskirts of Hyderabad by the state government.
Reddy laid the foundation stone for the data centre at Bharat Future City in the presence of state Industries Minister D Sridhar Babu and other officials.
The state government aims to make Telangana a $1 trillion economy by 2034 and a $3 trillion economy by 2047, while the union government aims to make the country a $30 trillion economy by 2047, he said.
Telangana's contribution to the national GDP stands at five percent, and the state government would like to raise this to 10 percent. For that, it needs investments, infrastructure and employment, he said.
The state government has unveiled a policy document outlining its vision for 'Telangana Rising 2047', he said.
"I would suggest to my friends — I know your plans are for a USD seven billion investment over the next 14 years, but that is not sufficient for my USD one trillion dream. I would suggest that by 2034, you invest Rs 1 lakh crore in this Bharat Future City. Only then can I dream of a USD one trillion economy," he said.
The state government would extend all support to the company, and he would review the investment process every month by meeting Amazon officials, he said.
The CM said the foundation stone laying for the Amazon Web Services data centre would pave the way for other companies to set up operations in the Bharat Future City.
Amazon is scaling up its infrastructure investments to support the country's Digital India ambitions. By the end of 2025, the company had invested more than $1.3 billion in cloud infrastructure in the AWS Asia Pacific (Hyderabad) Region, a press release said.
The company now plans to invest more than $21 billion in cloud infrastructure in India between 2026 and 2030, making it one of the country's largest global investors in AI and cloud infrastructure, it added.
It said this forms part of the $48 billion investment plan recently announced by CEO Andy Jassy across the company's businesses in India.
The investment will expand AWS data centre capacity in Hyderabad and Mumbai, giving startups, enterprises and government organisations access to custom AI chips, hundreds of cloud and managed AI services, secure and reliable cloud technologies, and developer tools to innovate faster, scale further and serve customers globally, the release said.
"Since we launched AWS infrastructure in Hyderabad in 2022, we have deepened our investment and commitment to building sustainable cloud data centre operations in Telangana to help meet the growing demands of Digital India and the India AI Mission," said Anurag Khilnani, AWS Director of Data Centre Delivery.