Microsoft in talks with Telangana for setting up $2bn data centreJuly 22, 2021 12:53
Global techgiantMicrosoft is in discussions with the Telangana government on a proposal for setting up one of its largest data centres with an investment outlay of about USD 2 to 2.25 billion in Hyderabad, sources close to the development said on Thursday. If the discussions fructify, this would be one of the major investments of Microsoft outside the USA.
Telangana Minister for IT and Industries KT Rama Rao kicked off the process of discussions by initiating dialogues with senior management of Microsoft about a few months ago.
"The discussions are in the final stage. Certain issues such as whether it would be a single location or multiple and the size of the investment are yet to be finalised. Microsoft appears to be willing to go ahead with setting up a data centre here, though officially not confirmed," sources told PTI.