AWS to invest $8.3 bn for cloud infra in Maharashtra
Trade Promotion Council of India
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Happy Reading
Delhi-Ghaziabad-Meerut rapid rail to commence soon
The Delhi-Ghaziabad-Meerut rapid rail, also called Namo Bharat, is set to begin operations later this year. Niko Warbanoff, CEO of Deutsche Bahn (DB), which oversees the operation and maintenance of India’s first Regional Rapid Transit System (RRTS), confirmed the full 82-kilometre corridor will be operational by mid-2025.
LEAD STORY
Maharashtra signs MoU with AWS for cloud services investment
Amazon Web Services (AWS) has announced plans to invest US$ 8.3 billion in cloud infrastructure in the AWS Asia-Pacific (Mumbai) Region in Maharashtra. This move aims to enhance cloud computing capacity in India. According to a company statement, the investment is expected to contribute US$ 15.3 billion to India’s GDP and support over 81,300 full-time jobs annually within the local data center supply chain by 2030.
This funding forms part of AWS’s broader US$ 12.7 billion investment commitment in India’s cloud infrastructure by 2030, addressing the increasing demand for cloud services across the country.
FACT OF THE DAY
Mukesh Ambani-owned Reliance Industries is planning to build the world’s largest data center in India, according to a report by Bloomberg News. The company is Ambani is said to be purchasing AI semiconductors from NVIDIA, which is one of the leading global companies in AI technology.
NASSCOM bats for the H1-B programme
Nasscom defended the H-1B visa program, emphasizing its role in addressing the US skills gap rather than being linked to immigration issues. Vice President Shivendra Singh dismissed myths surrounding H-1B workers, such as being cheap labor or replacing American workers.
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HIGHLIGHT OF THE DAY
The upcoming Wadhawan Port near the financial capital will help take India into the top-10 among container ports globally by 2034, Union Shipping and Ports Minister Sarbananda Sonowal said on Wednesday. The port off the coast of Dahanu in Maharashtra is being developed under a public-private partnership will be able to handle ultra large vessels as well.
Leading quality and innovation in F&B exports
In this episode of Food Frontiers, we spoke with Vikas Makhija, MD, Tapovan Impex Pvt Ltd, a leading manufacturer and exporter of food and non-food products under three leading brands: Bharat Bazaar, Thela Style, and Bhakti Ras. Tapovan has a strong presence in markets such as the US, Canada, Europe, and the Asia-Pacific region, driven by a commitment to quality and consumer satisfaction.
He shares insights into Tapovan’s export strategies, including maintaining stringent quality control, introducing innovative products like nostalgic Indian beverages under their Thela Style brand, and adopting sustainable practices like triple-layer packaging to enhance shelf life without preservatives.
Inflation top concern for 59% Indians
About 59% Indians cite rising inflation as their primary concern, reveals a survey by Kantar. The survey noted that consumers seek relief in income tax, higher medical insurance rebates, and measures to address inflation. Concerns about AI misuse, cybercrime, and financial insecurity were expressed by 50% of respondents, highlighting emerging risks.
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Great to see the progress being made in the transportation and infrastructure sectors in India. The Delhi-Ghaziabad-Meerut rapid rail project is a major milestone that will greatly benefit commuters and reduce travel time. The investment by AWS in cloud infrastructure in Maharashtra is also a significant move that will boost the digital economy in the region. It's also interesting to note the plans for the world's largest data center in India, which shows the country's potential as a hub for technology and innovation. The upcoming Wadhawan Port is another exciting development that will help India compete globally in the container port industry. It's important to continue investing in these sectors to drive economic growth and create more opportunities for businesses and individuals.