Google will invest`88,000 cr in data centres, AI in Vizag in next 3 years: Naidu
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Nellore: Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday announced that tech giant Google will invest Rs88,000 crore over three years in data centres and Artificial Intelligence projects in Vizag.
Indicating that this would be the “single largest investment” since the introduction of financial reforms in independent India, the Chief Minister called it a "gamechanger".
“We have finalised Google data centres (and) Artificial Intelligence. After the emergence of financial reforms in India, a single investment of nearly $10 billion or Rs88,000 crore in the coming three years is being made in Vizag,” said Naidu, addressing a meeting on the sidelines of inaugurating a few private projects.
Google subsidiary Raiden Infotech India Ltd will make this investment, developing three campuses across Tarluvada, Adavivaram, and Rambilli in Vizag.
Elaborating on major infrastructural projects in the region near Nellore district, the CM said two more ports – Ramayyapatnam and Dugarajapatnam – will complement the existing Krishnapatnam Port. Similarly, he said forthcoming airports at Dagadarthi and Chennai will enhance connectivity alongside Tirupati airport and noted that bullet train projects linking Hyderabad – Chennai and Chennai – Amaravati will further improve regional transportation.
Likewise, the TDP supremo noted that Bharat Petroleum Corporation Ltd (BPCL) will set up a refinery at Ramayyapatnam.