Microsoft buys 48 acres of land in Hyderabad for ₹267 crore to expand data center business.
Tech giant Microsoft buys 48 acres of land in Hyderabad for ₹267 crore, continuing its expansion plans in India. The land, purchased from land aggregator Sai Balaji Developers, will reportedly be used to expand Microsoft's data center business in the region. This acquisition follows Microsoft's purchase of three land parcels in Hyderabad for around ₹275 crore in 2022 to establish a data center.
May 06, 2024
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