The project aims to meet the growing demand from Global Capability Centers (GCCs) and blue-chip companies for premium facilities. Additionally, CapitaLand's previously announced 25 MW IT load data center in Hyderabad is set to become operational by mid-2025, highlighting the city's rising prominence as a key hub for digital infrastructure in India.
This big investment comes just within four days after Amara Raja Batteries on December 2 announced to invest about Rs 9,500 crore over ten years in setting up a lithium cell Giga factory in Mahbubnagar district.
