Rs 10,000 Crore Data Centre MoU with Web Werks: Maharashtra

By By Rediff Money Desk, MUMBAI
Jan 19, 2024 10:29
Maharashtra signs Rs 10,000 crore MoU with Web Werks for a mega IT/ITES data centre in Davos. The investment is expected to create 1,500 jobs.
Photograph: ANI/X
Mumbai, Jan 19 (PTI) The Maharashtra government has signed a memorandum of understanding (MoU) worth Rs 10,000 crore with Web Werks for investment in a mega IT/ITES data centre in the state in the next five years, Chief Minister Eknath Shinde's office has said.


The MoU was signed in the presence of Shinde in Davos, the CM's office said on X on Thursday night.

The investment proposal has the potential to create direct employment for 1,500 people, it said.

Earlier, CM Shinde had said that the state had inked MoUs worth Rs 3,53,675 crore at the World Economic Forum in Davos.
Read More On:
maharashtradata centreweb werksmoueknath shinde
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

ATGC Biotech & Luxembourg Industries JV

ATGC Biotech and Luxembourg Industries form Semiophore Ltd, a joint venture for crop...

AI & Copyright: Blanket License Proposed for AI...

Govt panel suggests blanket AI license for copyrighted works, seeking public input....

Deloitte Launches Tax Pragya AI Platform

Deloitte India launches Tax Pragya, an AI-powered platform for tax professionals....

India Hiring Outlook Strongest Globally:...

Survey reveals India has 2nd strongest hiring outlook globally for Jan-Mar 2026. 52% of...

IMF Approves USD 1.2B Disbursement for Pakistan

IMF approves USD 1.2 billion disbursement to Pakistan under EFF & RSF. Supports...

India, Sweden Partner on Steel & Cement...

India and Sweden collaborate on 7 projects to decarbonise steel & cement sectors. Tata...

Bullion Rates Today: Gold & Silver Prices

Check today's opening bullion rates in Chennai. Gold (22Kt & 18Kt) and Silver prices...

JSW Steel Production Up 5% in November

JSW Steel reports a 5% increase in crude steel production to 24.39 lakh tonnes in...

Stock Markets Tumble Amid Weak Cues, FII Outflows

Sensex and Nifty fell sharply amid weak global cues, FII outflows, and US Federal...

Telangana Secures ₹2.43 Lakh Cr Investment

Telangana inks ₹2.43 lakh crore investment deals at Global Summit. Trump Media,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com