U.S. tech giant Microsoft is in the final stages of talks with the Telangana government in India to set up a data center with an investment ranging between $2 billion to $2.25 billion, local media reports.
If the discussions come to fruition, this would be one of the major investments of Microsoft outside the U.S.
A few months earlier, Telangana Minister for IT and Industries KT Rama Rao had kickstarted discussions by initiating dialogues with the senior management of Microsoft.
“The discussions are in the final stage. Certain issues such as whether it would be a single location or multiple and the size of the investment are yet to be finalized. Microsoft appears to be willing to go ahead with setting up a data center here, though officially not confirmed,” sources told local media.
Microsoft is awaiting some clearance from their global teams and will be making an announcement soon, the local media reports.
However, the tech giant requested the state government to not disclose the details of the discussion. In parallel, earlier Amazon Web Services (AWS) had announced its second data center in Telangana with an investment of $2.77 billion.