India, Nov. 15 -- Real estate developer Anant Raj's subsidiary, Anant Raj Cloud, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop new data center facilities and an IT park in the coastal state. Under the MoU, ARCPL will invest approximately Rs.4,500 crore, to be executed in two phases, to build the infrastructure and cloud services.

Anant Raj Cloud Private Limited (ARCPL) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) for the development of new Data Center facilities and an IT Park in the State of Andhra Pradesh.The MoU was signed in the presence of Nara Lokesh, Minister for Information Technology, Electronics and Communications, Govern...