Zürcher Nachrichten - Microsoft announces $17.5 bn investment in India, its 'largest ever' in Asia

EUR -
AED 4.135003
AFN 74.312152
ALL 91.998807
AMD 407.29472
ANG 2.015836
AOA 1032.483179
ARS 1716.910796
AUD 1.624961
AWG 2.029499
AZN 1.91856
BAM 1.955775
BBD 2.262771
BDT 138.128209
BGN 1.895446
BHD 0.423495
BIF 3389.456062
BMD 1.125935
BND 1.437881
BOB 13.498825
BRL 5.867029
BSD 1.123485
BTN 108.843589
BWP 15.531799
BYN 3.383956
BYR 22068.333923
BZD 2.259471
CAD 1.604402
CDF 2600.911191
CHF 0.932662
CLF 0.028256
CLP 1115.712356
CNY 7.548891
CNH 7.557396
COP 3725.451706
CRC 514.793327
CUC 1.125935
CUP 26.96265
CVE 110.263571
CZK 24.454533
DJF 200.057407
DKK 7.479143
DOP 67.07913
DZD 150.570048
EGP 58.768238
ERN 16.889031
ETB 183.500221
FJD 2.530259
FKP 0.851099
GBP 0.852303
GEL 2.933107
GGP 0.851099
GHS 13.194829
GIP 0.851099
GMD 82.760588
GNF 9882.871886
GTQ 8.585889
GYD 235.006954
HKD 8.83567
HNL 30.162609
HRK 7.540056
HTG 147.118093
HUF 368.676725
IDR 20141.295479
ILS 3.436727
IMP 0.851099
INR 108.456295
IQD 1471.780921
IRR 1966490.662268
ISK 137.285738
JEP 0.851099
JMD 177.857694
JOD 0.798333
JPY 177.718077
KES 145.82811
KGS 98.463484
KHR 4556.940927
KMF 493.160101
KPW 1013.342222
KRW 1512.345607
KWD 0.347723
KYD 0.936188
KZT 504.773457
LAK 25235.672864
LBP 100605.895823
LKR 371.535184
LRD 192.10751
LSL 18.784656
LTL 3.324595
LVL 0.681068
LYD 7.194907
MAD 11.161855
MDL 20.07674
MGA 4963.935651
MKD 61.574202
MMK 2363.962729
MNT 4050.351228
MOP 9.080782
MRU 44.894418
MUR 54.214216
MVR 17.407387
MWK 1948.074747
MXN 20.447892
MYR 4.599338
MZN 71.951471
NAD 18.784656
NGN 1498.384001
NIO 41.339464
NOK 10.829927
NPR 174.149742
NZD 2.004693
OMR 0.432034
PAB 1.123485
PEN 3.89325
PGK 5.087934
PHP 70.464983
PKR 311.170466
PLN 4.386363
PYG 6572.914794
QAR 4.095147
RON 5.339077
RSD 117.478477
RUB 93.798784
RWF 1663.878431
SAR 4.214702
SBD 9.095387
SCR 15.468899
SDG 677.254284
SEK 11.304508
SGD 1.439625
SHP 0.850115
SLE 27.702139
SLL 23610.293318
SOS 642.091676
SRD 42.573311
STD 23304.589613
STN 24.499682
SVC 9.829873
SYP 14639.412412
SZL 18.780757
THB 37.722942
TJS 10.341466
TMT 3.940774
TND 3.347757
TOP 2.710982
TRY 55.314396
TTD 7.617901
TWD 35.829296
TZS 2960.361624
UAH 50.551445
UGX 4482.941887
USD 1.125935
UYU 45.279413
UZS 13250.828227
VES 974.472491
VND 29257.994447
VUV 134.924899
WST 3.139874
XAF 655.957
XAG 0.018651
XAU 0.000271910232
XCD 3.042897
XCG 2.024774
XDR 0.796095
XOF 655.957
XPF 119.331742
YER 266.062577
ZAR 18.752511
ZMK 10134.773796
ZMW 22.075714
ZWL 362.550741
SSP 6432.009114
MXV 2.313642
  • RIO

    1.3400

    94.21

    +1.42%

  • BTI

    0.2849

    52.64

    +0.54%

  • RBGPF

    0.0900

    65.09

    +0.14%

  • RELX

    -0.0700

    33.42

    -0.21%

  • GSK

    -0.1500

    47.03

    -0.32%

  • NGG

    0.7900

    76.12

    +1.04%

  • AZN

    -0.8000

    156.9

    -0.51%

  • BCE

    -0.1900

    19.73

    -0.96%

  • RYCEF

    0.1200

    19.42

    +0.62%

  • CMSC

    0.0800

    20.24

    +0.4%

  • BCC

    0.2900

    74.99

    +0.39%

  • VOD

    0.4400

    16.82

    +2.62%

  • BP

    0.2900

    44.79

    +0.65%

  • CMSD

    0.0900

    20.43

    +0.44%

  • JRI

    0.1300

    10.9

    +1.19%

Microsoft announces $17.5 bn investment in India, its 'largest ever' in Asia
Microsoft announces $17.5 bn investment in India, its 'largest ever' in Asia / Photo: Fabrice COFFRINI - AFP/File

Microsoft announces $17.5 bn investment in India, its 'largest ever' in Asia

Global technology giant Microsoft announced on Tuesday plans to invest $17.5 billion to help build India's artificial intelligence infrastructure, with CEO Satya Nadella calling it "our largest investment ever in Asia".

Text size:

Several global corporations have announced large investments this year in the South Asian nation, which is projected to have more than 900 million internet users by year's end.

"To support the country's ambitions, Microsoft is committing US$17.5B (billion) -- our largest investment ever in Asia -- to help build the infrastructure, skills, and sovereign capabilities needed for India's AI first future," Nadella said in a post on X.

Nadella made the announcement on social media after he met Prime Minister Narendra Modi in New Delhi, thanking the leader for "an inspiring conversation on India's AI opportunity".

In a statement, Microsoft said the investment would be spread over four years.

"Together, Microsoft and India are poised to set new benchmarks and drive the country's leap from digital public infrastructure to AI public infrastructure in the coming decade," the statement said.

The tech giant said one of the key priorities of its investment plan was "building secure, sovereign-ready hyperscale infrastructure to enable AI adoption in India".

"At the heart of this effort is the significant progress being made at the India South Central cloud region, based in Hyderabad -- that is set to go live in mid-2026," Microsoft added.

The planned cloud region is twice the size of the iconic Eden Gardens stadium in India's eastern city Kolkata, which has a capacity of over 65,000 people.

Microsoft said the latest announcement "builds on" a previous investment pledge Nadella had made earlier this year, committing $3 billion for AI and cloud infrastructure in India over the next two years.

Modi said he was "happy" that the tech giant had chosen India as the destination for its largest investment in Asia.

"The youth of India will harness this opportunity to innovate and leverage the power of AI for a better planet," the prime minister said in a post on X.

"When it comes to AI, the world is optimistic about India," Modi added.

- Tech giants -

Global technology giants are aggressively courting more users in India, the world's most populous country and fifth-largest economy.

A special area of focus has been artificial intelligence with US startup Anthropic in October unveiling plans to open an office in India. Its chief executive Dario Amodei has also met Modi.

The same month, Google said it will invest $15 billion in India over the next five years, as it announced a giant data centre and artificial intelligence base in the country.

OpenAI has said it will open an India office, with its chief Sam Altman noting that ChatGPT usage in the country had grown fourfold over the past year.

AI firm Perplexity also announced a major partnership in July with Indian telecom giant Airtel, offering the company's 360 million customers a free one-year Perplexity Pro subscription.

But India's bid to become a global technology and artificial intelligence hub is colliding with increasingly tightening digital regulations.

According to recent media reports, authorities are drafting plans to ensure that manufacturers enable satellite location tracking in smartphones that cannot be turned off by users -- a proposal that rights groups have raised the alarm over.

D.Graf--NZN