Amazon Web Services to invest Rs 20,000 crore in Telangana

In a big boost for Telengana, Amazon Web Services, the cloud services arm of Amazon will invest $2.77 Billion or Rs 20,761 crore to set up multiple data centres in the state. This will make it the largest foreign direct investment in the Southern state. The cloud region in Hyderabad will be Amazon’s second in India after Mumbai. AWS declined to confirm the quantum of investment shared by the Govt.