At the World Economic Forum Annual Meeting in Davos, real estate major RMZ Group announced a major long-term investment plan in Andhra Pradesh, marking a significant boost for the state’s digital and technology ecosystem.
RMZ Group will invest $10 billion over the next 5–6 years to develop a large-scale Global Capability Centre (GCC) Park along with a 1-gigawatt hyperscale data centre in the state. The announcement was made jointly by the company and the Andhra Pradesh government on the sidelines of the global forum.
The proposed development is expected to generate around 100,000 jobs across multiple sectors, including IT services, data centres, industrial operations and logistics. The investment reflects RMZ Group’s focus on building large technology-led infrastructure while supporting India’s growing role as a global hub for enterprise operations and digital services.
The GCC Park will be designed to host global enterprises looking to expand their technology, engineering and business operations in India. Alongside this, the 1-GW hyperscale data centre is expected to strengthen digital infrastructure and support the rising demand for cloud services, data processing and enterprise computing.
The Andhra Pradesh government views the investment as a key step in attracting high-value technology projects and creating long-term employment opportunities. The state has been positioning itself as a destination for large-scale digital and industrial investments, supported by policy initiatives and infrastructure development.
RMZ Group’s announcement at Davos highlights the growing interest of global and domestic developers in India’s technology and data centre ecosystem. With large capital commitments and a multi-year execution timeline, the project is expected to play a significant role in shaping the region’s IT, industrial and logistics landscape.
As India continues to see increased demand for GCCs and hyperscale data facilities, investments of this scale are likely to accelerate regional economic growth and strengthen the country’s digital backbone.
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