Saturday, March 28, 2026
32.8 C
Kerala

Anant Raj Announces ₹4,500 Crore Investment for Data Centres in Andhra Pradesh

Anant Raj Ltd has entered into an agreement with the Andhra Pradesh government to invest ₹4,500 crore in developing large-scale data centres and a cloud-based IT park in the state. The company plans to execute the project through its subsidiary, Anant Raj Cloud Pvt Ltd.

The investment will be rolled out in two phases and is expected to significantly strengthen the digital infrastructure ecosystem in Andhra Pradesh. According to the company, the project has the potential to create around 8,500 direct jobs and 7,500 indirect jobs once fully operational.

This move adds to Anant Raj’s broader expansion in the data-centre segment. The company is already working on developing 307 MW of capacity across multiple locations, while it currently operates 28 MW at its facilities in Manesar and Panchkula.

Officials from the Andhra Pradesh Economic Development Board will support the project by coordinating with various government departments to ensure smooth implementation.

Hot this week

Rapido Revenue Jumps in FY25, Losses Narrow as Subscription Model Gains Traction

Indian mobility platform Rapido reported a strong financial performance...

Dream Sports Enters Stock Broking with Dream Street Amid Revenue Pressure

Dream Sports, the parent of Dream11, is set to...

Rayzon Solar posts sharp revenue and profit growth in FY25 driven by strong module sales

Rayzon Solar Limited reported a significant surge in financial...

RCB ownership set for major change as consortium eyes record deal ahead of IPL 2026

Royal Challengers Bengaluru (RCB) could be heading toward a...

BPCL launches India’s first 24×7 LPG vending machine in Gurugram

In a first-of-its-kind initiative in the country, Bharat Petroleum...

Topics

Rapido Revenue Jumps in FY25, Losses Narrow as Subscription Model Gains Traction

Indian mobility platform Rapido reported a strong financial performance...

Rayzon Solar posts sharp revenue and profit growth in FY25 driven by strong module sales

Rayzon Solar Limited reported a significant surge in financial...

RCB ownership set for major change as consortium eyes record deal ahead of IPL 2026

Royal Challengers Bengaluru (RCB) could be heading toward a...

BPCL launches India’s first 24×7 LPG vending machine in Gurugram

In a first-of-its-kind initiative in the country, Bharat Petroleum...

Duroflex posts steady revenue growth with sharp rise in profit in FY25

Duroflex reported a modest increase in revenue for the...

Raghav Chadha raises concern in Parliament over expiry of unused mobile data

Aam Aadmi Party MP Raghav Chadha has raised concerns...
spot_img

Related Articles

Popular Categories

spot_imgspot_img