Revanth seeks Rs 1 lakh crore investment from Amazon

Revanth Reddy on Wednesday laid the foundation stone of Amazon’s Data Centre and urged the company to invest Rs 1 lakh crore by 2034 in the Bharat Future City, being developed on the outskirts of Hyderabad. Revanth Reddy laid the stone in the presence of D Sridhar Babu and other officials. The state aims to make Telangana a USD one trillion economy by 2034 and a USD three trillion economy by 2047, while the union government aims to make India a USD thirty trillion economy by 2047. Currently, Telangana’s contribution to the national GDP stands at five per cent, and the administration aims to double this to ten per cent through fresh investments, infrastructure, and employment.

The state has unveiled a policy document outlining its vision for ‘Telangana Rising 2047’. Revanth Reddy noted that Amazon’s planned USD seven billion investment over the next fourteen years is insufficient for the state’s USD one trillion target, suggesting instead a Rs 1 lakh crore investment in Bharat Future City by 2034. He promised complete state support and committed to reviewing the investment process monthly by meeting company representatives. The foundation laying for this web services data centre is expected to encourage other global firms to set up operations in the area.

Amazon is scaling up infrastructure investments to support Digital India. By the end of 2025, the company had invested more than USD 1.3 billion in cloud infrastructure in the Hyderabad region. It now plans to invest over USD 21 billion in cloud infrastructure in India between 2026 and 2030, making it one of the largest global investors in AI and cloud infrastructure. This forms part of the USD 48 billion investment plan recently announced by Andy Jassy across the company’s businesses in India.

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The Hans India