Telangana Secures Rs 5,000 Cr AI Data Center, Schneider Electric Expansion

• Telangana attracted significant investments at WEF Davos, led by CM Revanth Reddy, focusing on future technologies.
• A MoU was signed with UPC Volt to establish a 100 MW AI-compatible data center in Bharat Future City, near Hyderabad, with an investment of Rs. 5,000 crores over five years.
• A dedicated 100 MW renewable energy plant will power the data center, aligning with environmental protection goals.
• The project is expected to create 3,000 direct/indirect jobs during construction and 800 operational jobs.
• Schneider Electric India will invest Rs. 623 crores to expand its manufacturing units in Shamshabad and Gagillapur.

Why It Matters: Telangana secures major AI data center and manufacturing investments, boosting its tech hub status and job creation.