Anant Raj Cloud Private Limited (ARCPL), a subsidiary of Anant Raj Limited, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board to invest in new Data Center facilities along with an IT Park in Andhra Pradesh. The investment is projected at ₹4,500 crores and expects to generate 8,500 direct and 7,500 indirect jobs.
Andhra Pradesh Investment
Anant Raj Limited is expanding its presence in the data infrastructure sector through its subsidiary, Anant Raj Cloud Private Limited (ARCPL). The company has formalized an agreement with the Andhra Pradesh Economic Development Board (APEDB) to develop new Data Center facilities and an IT Park within the state.
Project Details and Investment
The Memorandum of Understanding (MoU), effective as of November 14, 2025, outlines the company’s commitment to invest approximately ₹4,500 crores in the project. This investment will be executed in two phases. It is estimated the project will generate about 8,500 direct and 7,500 indirect employment opportunities.
Government Support
The APEDB will provide support for the successful implementation of the project, including necessary coordination with relevant governmental bodies, facilitating the investment process.
Source: BSE