Business Economy


Japan-based NTT DATA to set up Rs 10K Cr AI Data center cluster in Telangana

Hyderabad/ Tokyo, Apr 18 (UNI) In a landmark move to accelerate India’s AI infrastructure, Japan based NTT DATA, a global leader in digital transformation and IT services, and Neysa Networks, an AI-first cloud platform company, have signed a tripartite Memorandum of Understanding (MoU) with the Government of Telangana to establish a AI Data Center Cluster in Hyderabad , the state capital of Telangana, with a huge investment of Rs 10,500 crore.
The MoU was formalized in the presence of Telangana Chief Minister A. Revanth Reddy, during a high-level investment meeting held in Tokyo on Friday.
The upcoming facility in Hyderabad will feature a 400 MW data center cluster, designed to host the country’s most powerful AI supercomputing infrastructure with 25,000 GPUs.
The project aligns with Telangana’s vision to be the AI capital of India, offering sovereign, scalable, and sustainable compute capabilities to support public and enterprise AI workloads.
This collaboration combines NTT DATA’s global data center leadership with Neysa’s AI acceleration platform, enabling joint development of AI-first solutions and creating a vibrant innovation ecosystem anchored in Telangana.
The project will be powered through a mix of grid and renewable energy (up to 500 MW), adopt cutting-edge cooling technologies like liquid immersion, and adhere to the highest ESG standards.
The campus will also foster AI talent through partnerships with Telangana’s academic institutions and contribute to the state’s digital public infrastructure mission.
Welcoming this mega investment by NTT Data and its partners, CM Revant Reddy said, “ The investment announcement by NTT, closely follows recent big ticket data centre projects by AWS, STT, Tillman Holdings and CtrlS and reiterates Hyderabad's dominant position as India’s leading data centre hub."
"Telangana offers policy stability, reliable power, skilled talent, and the fastest clearances through our single-window system – to make your investment smooth and secure. We welcome NTT Data as it begins a long-term partnership to power the next generation of AI and digital services from Hyderabad," the CM added.
Senior leadership from NTT DATA and Neysa Networks, including Ken Katsuyama (SVP, NTT Corporation; Board Member, NTT DATA Inc.), Tadaoki Nishimura (Director & SVP, NTT DATA Inc.), Alok Bajpai (Managing Director – India, NTT Global Data Centers), and Sharad Sanghi (Co-founder & CEO, Neysa; Chairman, NTT Global Data Centres India) participated in the signing ceremony.
UNI KNR SJC
More News
Ashish Chauhan: The man who steadied India’s financial markets

Ashish Chauhan: The man who steadied India’s financial markets

11 Apr 2026 | 6:20 PM

New Delhi, April 12 (UNI) As the Indian stock market displayed its resilience in the face of West Asia-borne global securities crisis, the spotlight is on Asish Kumar Chauhan, considered the "father of modern financial derivatives" in India.

see more..

Adani to develop airport related real estate assets

11 Apr 2026 | 5:34 PM

Mumbai, Apr 11 (UNI) Adani Enterprises Limited informed the stock exchange on Saturday about the incorporation of four new wholly-owned subsidiary companies, namely Adani Mangaluru Airport City Limited (AMACL), Adani Jaipur Airport City Limited (AJACL), Adani Lucknow Airport City Limited (ALACL) and Adani TRV Airport City Limited (ATACL) under its step-down subsidiary called Adani Airport City Limited. .

see more..

Hyderabad’s Orbicular Pharma secures US FDA tentative approval for Generic Ozempic with Apotex

11 Apr 2026 | 3:55 PM

Hyderabad, April 11 (UNI) Orbicular Pharmaceutical Technologies on Saturday announced that a generic version of Ozempic® (semaglutide injection), developed in partnership with Apotex, has received tentative approval from the U.S. Food and Drug Administration (FDA).

see more..

Himachal: Rs 87 lakh Budget approved for Kangra Civil Hospital

11 Apr 2026 | 12:39 AM

Dharamshala, April 10 (UNI) An approximately Rs 87 lakh budget for the financial year 2026–27 was approved at a meeting of the Patient Welfare Committee of the Civil Hospital Kangra on Friday under the chairmanship of SDM Kangra, Ishant Jaswal.

see more..

CAIT and Shriram Finance launch fintech portal to expand credit access for traders

11 Apr 2026 | 12:11 AM

New Delhi, Apr 10 (UNI) The Confederation of All India Traders (CAIT) has partnered with Shriram Finance Limited to launch a fintech portal aimed at improving access to credit for traders, MSMEs, startups, and women entrepreneurs.

see more..