NEW DELHI, Nov 15: Realty company Anant Raj Ltd will invest Rs 4,500 crore in Andhra Pradesh to set up data centres as part of its expansion plan. In a regulatory filing on Saturday, the company said that its subsidiary Anant Raj Cloud Pvt Ltd (ARCPL) has entered into an MoU with Andhra Pradesh Economic Development Board for building new data centre facilities along with IT Park in Andhra Pradesh and to make investment for development of data centre and cloud services. The MoU intends to support the establishment of a data centre-IT park in the state in a time-bound manner. “ARCPL will make a direct investment of approximately Rs 4,500 crore, to be executed in two phases,” Anant Raj said. The agreement provides for ARCPL’s phased investment of about Rs 4,500 crore for the develo
Realty firm Anant Raj to invest Rs 4,500 cr in AP for data centre facilities
Daily Excelsior19 hrs ago
103


Free Press Journal
CNBC-TV18
ANI
Raw Story
Newsweek Top
Space War
AlterNet
The Texas Tribune Crime
VARIETY
Just Jared
The Daily Beast