Tuesday, May 13, 2025
More
    HomeHyderabadBlackstone Teams Up with Telangana to Set Up Data Center in Hyderabad

    Blackstone Teams Up with Telangana to Set Up Data Center in Hyderabad

    Related stories

    Congress responds to Eatala’s criticism of Revanth

    Hyderabad: Telangana Congress leader B Mahesh Kumar Goud has...

    Meta to Enable Cryptocurrency for 3 Billion Users

    The post Meta Plans to Add Crypto Support for 3 Billion Users appeared first on Coinpedia Fintech News Bitcoin has surged past $100,000, driven by a wave of positive news and growing market optimism. As trade tensions ease and institutional interest rises, major tech companies like Meta are jumping into the crypto space. David Sacks, Trump’s crypto advisor, also recently said that a “Trump boom” is coming for the crypto market as concerns …

    False news leads to fewer Haj pilgrims this year

    Hyderabad is seeing a drop in the number of...

    Congress says Eatala’s attack on Chief Minister was planned

    Hyderabad: The Congress Party strongly criticized BJP MP Eatala...
    -Advertisement-

    Global investment firm Blackstone has announced its plans to build a state-of-the-art data centre in Hyderabad, in partnership with the Telangana government. The project, called the Blackstone Data Centre Hyderabad, will have a capacity of 150 MW and will require an investment of ₹4,500 crore. This facility aims to support cloud services, AI-driven applications, and large-scale data processing, fostering innovation in the global digital economy.

    The Telangana government formalized this collaboration by signing a Memorandum of Understanding (MoU) with Blackstone Lumina, the firm’s data centre division, and JCK Infra. The agreement was signed on Wednesday at the World Economic Forum in Davos. Through this partnership, Telangana is seeking to strengthen its reputation as a technology hub and a key player in India’s IT infrastructure sector.

    - Advertisement -
    Also read:  Deputy CM urges full security plan

    Blackstone’s project is expected to attract substantial foreign investment, as it will be working with one of the world’s leading cloud infrastructure providers. By establishing this advanced data centre, Telangana aims to position itself as a preferred destination for global companies seeking cutting-edge IT solutions.

    This initiative is set to drive the state’s economic growth and solidify its leadership in the Indian IT industry. The significant investment by Blackstone is also expected to draw more international businesses to Telangana, further boosting the region’s technology sector and economy.

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here