Telangana chief minister Revanth Reddy has been fully committed towards his project “Telangana Rising”. He is fully committed to make sure that Telangana become one of the leading economies in India as he has set a target of $3 trillion economy by 2047.
There has been some substantial progress in this connection with several leading global companies, showing greater trust in investing in Telangana.
Now it is the Amazon global services to further investment in Telangana after the earlier $2.7 billion investment in the AWS Centre in Hyderabad in 2023.
Now it has been officially communicated that Amazon has entered a framework to invest around $7 billion in Telangana over the next 14 years that would enhance their existing web services and data AI models. The company is largely amplifying its operations in Hyderabad with this mega investment.
This announcement from Amazon comes just a couple of days after the company had announced a $35 billion investment in India over the next three years. So this is a pretty significant allocation that has been made to Telangana in this context. CM Revanth Reddy appreciated the company representatives for this significant development and he assured all possible support.
Tags Telangana Amazon
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