Download the app
← Latest news

Maharashtra inks Rs 1 14 lakh crore AI data centre deal creating 8000 jobs and 500MW capacity

Technology
Published on 14 May 2026
Maharashtra inks Rs 1 14 lakh crore AI data centre deal creating 8000 jobs and 500MW capacity

A 500MW AI compute hub fueled entirely by renewables

Maharashtra has signed an MoU with AM Intelligence Labs for a proposed Rs 1.14 lakh crore investment to build an Integrated Green Data Centre Park and an AI Compute Hub in the Mumbai region. The plan, backed by the state’s IT Policy 2023 and Green Data Centre Park Policy 2024, is designed to run entirely on renewable energy. Officials expect around 8,000 direct jobs plus additional roles, with construction and operations covering high-tech careers.

  • MoU signed with AM Intelligence Labs for Rs 1.14 lakh crore
  • Project will create around 8,000 direct jobs plus several indirect roles
  • A total capacity of 500 megawatts is planned for the Mumbai region
  • The hub will deploy 2.5 lakh high-performance AI chipsets
  • Phase one targets 200 MW by 2028; phase two 300 MW by 2030
  • Renewable energy is intended to power the entire project
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.