Rovision Tech Hub to invest Rs 2,564 crore in Maharashtra data centre, creating over 1,100 jobs

Rovision Tech Hub Pvt Ltd, founded by young entrepreneurs from Marathwada, has signed an MoU with Maharashtra’s government to invest Rs 2,564 crore in a green-certified data centre in Navi Mumbai. Supported by FDI, the project will create over 1,1...

Agencies
In a boost to Maharashtra's digital infrastructure and inclusive industrial growth, Rovision Tech Hub Pvt Ltd, a company founded by young entrepreneurs from backward regions of Marathwada, has signed a Memorandum of Understanding (MoU) with the state government.

The MoU, entailing investment of Rs 2,564 crore, was signed on Tuesday in the presence of chief minister Devendra Fadnavis.

Founded by entrepreneurs Aditya Agarwal and Satish Agarwal, Rovision Tech Hub aims to bridge the digital divide by bringing cutting-edge technology to the grassroots.


Under the terms of the MoU, the company will develop a high-capacity, green-certified data centre in Navi Mumbai, powered by energy-efficient systems and robust network connectivity.

Satish Agarwal said the ambitious project entails a total investment of Rs 2,564 crore, bolstered by Foreign Direct Investment (FDI), and is expected to generate over 1,100 new employment opportunities.

This development not only marks a technological leap but also contributes to Maharashtra's goal of becoming a global digital and data infrastructure hub, he said.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › Rovision Tech Hub to invest Rs 2,564 crore in Maharashtra data centre, creating over 1,100 jobs
Text Size:AAA
Success
This article has been saved

*

+