Telangana’s Bold Step Towards Becoming “Telangana The Future State”
Telangana The Future State is rapidly transforming into a hub of innovation and development, with an array of ambitious projects that promise to reshape the landscape of Hyderabad and the entire state. Chief Minister Shri Revanth Reddy has declared that with projects like AI City, Skill University, and Net Zero City, Telangana is well on its way to becoming synonymous with “The Future State.” As part of this vision, the state is actively inviting semiconductor companies to invest and be part of this transformative journey.
Telangana Welcomes Semiconductor Investments
In a significant move to attract global technology investments, Chief Minister Revanth Reddy addressed the Semiconductor Round Table organized jointly by the Indian Consulate General in San Francisco and the US-India Strategic Partnership Forum (USISPF). During his speech, he emphasized the state’s commitment to fostering an environment conducive to technological advancements and highlighted the new projects being undertaken in Telangana.
Unveiling the Future: Telangana’s New Initiatives
Outlining the ambitious projects, CM Revanth Reddy called on global investors and technology leaders to “Unveil your future. Let’s come together and shape a new tomorrow.” He underscored Telangana’s progressive outlook and urged stakeholders to join hands in building a future-ready state. The Chief Minister also emphasized that Telangana is ready to set a new benchmark in innovation, much like the unique slogans associated with various states in the United States.
The Future State: Telangana’s Vision and Mission
Drawing inspiration from states like New York, Texas, and California, which are known for their unique mottos and identities, CM Revanth Reddy announced a new tagline for Telangana: “The Future State.” He explained that just as New York is known as the Empire State and Texas as the Lone Star State, Telangana will now be recognized for its forward-looking initiatives and its ambition to lead in the technology sector.
Join the Mission: A Call to Global Investors
The Chief Minister’s announcement was met with resounding applause as he extended an open invitation to global investors and technology companies to be part of Telangana’s journey towards becoming “The Future State.” He urged them to contribute to this mission and take advantage of the favorable investment climate in the state.
A Conducive Environment for Global Tech Industries
Supporting the Chief Minister’s vision, Minister D. Sridhar Babu emphasized that Telangana offers a favorable environment for the global tech industry. He highlighted the state government’s investor-friendly policies, which are designed to attract and retain high-tech industries, including the rapidly growing semiconductor sector.
Conclusion: Telangana’s Path to the Future
Telangana is not just planning for the future; it is actively building it. With its strategic initiatives, investor-friendly policies, and a clear vision, the state is poised to become a global leader in technology and innovation. As Telangana embraces its new identity as “The Future State,” it invites the world to join in this exciting journey, shaping a future that is bright, sustainable, and technologically advanced.
By embracing cutting-edge projects and welcoming global investments, Telangana is positioning itself as a leader in the new era of technological innovation. The state’s commitment to becoming “The Future State” is not just a tagline but a mission that promises to transform not only the region but also set a new standard for what the future can look like.
Aurum Equity Partners Commits $400 Million Investment in Hyderabad for AI-Powered Green Data Center
Massive Investment by Aurum Equity Partners in Hyderabad
Aurum Equity Partners has announced a significant investment in Hyderabad, committing $400 million (approximately ₹3,320 crores) to establish a next-generation, AI-powered green data center. The investment will be made in phases, underscoring the company’s long-term commitment to the region.
During an official visit to the United States, Telangana Chief Minister Mr. A. Revanth Reddy, along with IT Minister Mr. Sridhar Babu, met with Aurum’s CEO and Chairman, Mr. Venkat Bussa. In this meeting, the company revealed its extensive expansion plans in Telangana.
Aurum’s Expansion Plans: A $400 Million Commitment
Last year, Aurum Equity Partners had announced an annual plan involving an investment of approximately ₹400 crores. However, the company has now significantly expanded its ambitions, planning to establish a 100 MW state-of-the-art AI-based data center, with a staggering investment of around ₹3,320 crores.
AI-Powered Green Data Center to Boost Hyderabad’s Growth
Chief Minister Revanth Reddy expressed his delight over Aurum’s decision to establish an AI-powered green data center in Hyderabad. He emphasized that this project would create a substantial number of jobs, further enhancing Hyderabad’s reputation as a burgeoning data center hub. IT Minister Sridhar Babu also welcomed this development, stating that these investments would accelerate growth in the region.
Bridging the Digital Divide in Telangana
Mr. Venkat Bussa, CEO and Chairman of Aurum Equity Partners, highlighted the broader impact of the new data center. He noted that the advanced facility would help bridge the digital divide between rural and urban areas, making government services like e-services, e-payments, and e-education more accessible to everyone.
Telangana’s Rising Appeal to Global Investors
The announcement comes on the heels of Telangana Chief Minister Revanth Reddy’s successful U.S. tour, which has drawn significant interest from major companies looking to invest in the state. So far, 11 companies have expressed interest in investing, with some willing to collaborate with the government on various projects. Aurum Equity Partners’ decision to commit $400 million in Hyderabad further solidifies Telangana’s growing appeal as an investment destination.
In summary, Aurum Equity Partners’ investment in an AI-powered green data center in Hyderabad marks a significant milestone for the city. This development is set to generate substantial employment opportunities and contribute to Hyderabad’s status as a leading data center hub in India. The project also promises to enhance digital services across Telangana, making them more accessible to people in both urban and rural areas.
