New Delhi [India], November 15 (ANI): Anant Raj subsidiary Anant Raj Cloud has signed a Memorandum of Understanding (MoU) with Andhra Pradesh for the development of new data center facilities and an IT park in the eastern coastal state.

The MoU was signed with the Andhra Pradesh Economic Development Board (APEDB), in the presence of Nara Lokesh, Minister for Information Technology, Electronics and Communications, Government of Andhra Pradesh.

Under this MoU, signed on Friday, Anant Raj Cloud will invest approximately Rs 4,500 crore, to be executed in two phases, towards building advanced Data Center infrastructure and cloud services, the company informed stock exchanges on Saturday.

The project is expected to create approximately 8,500 direct and 7,500 indirect jobs, while bolstering th

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