Andhra signs pact with Adani group for Rs 70,000 crore data centre parks

The Andhra Pradesh government led by Chief Minister N Chandrababu Naidu has inked a memorandum of understanding with the Adani group to build data centre parks.

These parks will come up in the port city of Visakhapatnam with a staggering investment of Rs 70,000 crore.

The MoU was signed by Adani Group chairman Gautam Adani and Andhra Pradesh principal secretary (Information Technology) K Vijayanand in the presence of Naidu and IT Minister Nara Lokesh.

The facilities will be developed in three different campuses in and around Visakhapatnam. They will create over one lakh direct and indirect employment over the next 20 years, during which period the proposed investment will be made.

Adani said the company and the government will develop the hyper-scale data center market in the state, positioning AP as the east coast data center hub for India and Southeast Asia.

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