Prof K Nageshwar: FDI into Telangana, where are Jobs? (Video)

           ,  ? || FDI into Telangana, where are Jobs? ||

The Telangana government on Friday announced that Amazon Web Services (AWS), one of the largest cloud computing platforms in the world, has come forward to set up multiple data centers in the state at an estimated investment of Rs 20,761 crore.

Happy to announce the largest Foreign Direct Investment (FDI) in the history of Telangana! After a series of meetings, AWS has finalized investment of Rs 207.61 bn ($ 2.77 bn) to set up multiple data centres in Telangana. The @AWSCloud Hyd Region is expected to be launched by mid-2022 #HappeningHyderabad, tweeted state minister for information technology and industries KT Rama Rao (KTR), the son of chief minister K Chandrasekhar Rao.

An official release from the office of KTR said the AWS would set up an AWS Region with three Availability Zones (AZs) in Hyderabad. The AWS Asia-Pacific region is expected to start operations in Hyderabad by the middle of 2022. The AZs would consist of multiple data centres in separate locations within a single region that are engineered to be operationally independent of one another with power, cooling, physical security, and connections via a low-latency network, it said.

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Prof K Nageshwar: FDI into Telangana, where are Jobs? (Video)
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, ? || FDI into Telangana, where are Jobs? || The Telangana government on Friday announced that Amazon Web Services (AWS), one of the largest cloud computing platforms in the world, has come forward to set up multiple data centers in the state at an estimated investment of Rs 20,761 crore. Happy to announce the largest Foreign Direct Investment (FDI) in the history of Telangana! After a series of meetings, AWS has finalized investment of Rs 207.61 bn ($ 2.77 bn) to set up multiple data centres in Telangana. The @AWSCloud Hyd Region is expected to be launched by mid-2022 #HappeningHyderabad, tweeted state minister for information technology and industries KT Rama Rao (KTR), the son of chief minister K Chandrasekhar Rao. An official release from the office of KTR said the AWS would set up an AWS Region with three Availability Zones (AZs) in Hyderabad. The AWS Asia-Pacific region is expected to start operations in Hyderabad by the middle of 2022. The AZs would consist of multiple data centres in separate locations within a single region that are engineered to be operationally independent of one another with power, cooling, physical security, and connections via a low-latency network, it said.

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