Moneycontrol PRO
HomeNewsBusinessAWS launches infra region in Hyderabad, aims to invest $4.4 billion by 2030

AWS launches infra region in Hyderabad, aims to invest $4.4 billion by 2030

The new AWS Asia Pacific (Hyderabad) Region is estimated to support more than 48,000 full-time jobs annually through a planned investment of more than $4.4 billion (approximately Rs 36,300 crore) in India by 2030, according to a statement from the company.

November 22, 2022 / 11:00 IST
Amazon Web Services

Amazon Web Services (AWS) has launched its second infrastructure region in India, the AWS Asia Pacific (Hyderabad) Region.

The new AWS Asia Pacific (Hyderabad) Region is estimated to support more than 48,000 full-time jobs annually through a planned investment of more than $4.4 billion (approximately Rs 36,300 crore) in India by 2030, according to a statement from the company.

From today, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, will have greater choice for running their applications and serving end users from data centers located in India, the release said.

“The launch of the AWS Asia Pacific (Hyderabad) Region supports India’s digital transformation and is part of our long-term investment in the country since opening our first office in 2011. Customers and partners in India will now have additional regional infrastructure to deploy applications with greater resilience, availability, and even lower latency,” Prasad Kalyanaraman, vice-president of infrastructure services, said.

Hundreds of thousands of customers in India, including Acko General Insurance, Axis Bank, Clevertap, Digital India Corporation (MeitY), Dr Reddy’s Laboratories, Government of Telangana, HDFC Bank, Jupiter, Lendingkart, National Skill Development Corporation, PhysicsWallah and Tata Elxsi are innovating on AWS.

“As a part of Prime Minister Narendra Modi’s $1 trillion digital economy vision, the ‘India cloud’ is set for big expansion and innovation. Data centers are an important element of the digital ecosystem. AWS’s investment in expanding their data centers in India is a welcome development that would help catalyze India’s digital economy,” Rajeev Chandrashekhar, Union Minister of State for Electronics and Information Technology and for Skill Development and Entrepreneurship, said.

“The Government of India’s upcoming National Cloud and Data Center Policy envisions a significant increase in India’s cloud computing capacity from the current 565 MW to over 2565 MW in the near future. We look forward to greener and more sustainable data centers to power India’s expanding economy,” he further added.

 

Moneycontrol News
first published: Nov 22, 2022 08:40 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347