Revanth and TCS HyperVault lock ₹70,000 crore AI data centre for Future City with June 2 2028 inauguration deadline

Telangana Chief Minister A. Revanth Reddy on 5 September 2026 announced a ₹70,000 crore investment by the Tata Group, TCS and HyperVault that he said would create the largest data centre in the country and about 7,000 direct jobs. He set a deadline of 2 June 2028 — Telangana Formation Day — for inauguration of what he described as India’s largest AI data centre, calling the span from groundbreaking to inauguration exactly 21 months.

TCS data-centre subsidiary HyperVault is to develop a large-scale artificial intelligence data centre campus with capacity of up to 1 gigawatt. Mr Reddy recalled asking Tata Sons chairman N. Chandrasekaran at the World Economic Forum in Davos in January 2026 to bring “big news” for Telangana investment, and said the government had waited for a formal Tata announcement before publicising the project. He sought to assure investors of policy continuity despite changes of government, saying political and ideological differences would not affect investment policy and that there was “no policy paralysis” in the State.

The 50-kilometre Radial Road-1, connecting the Outer Ring Road with Future City through Kongara Kalan, was dedicated to Bharat Ratna Ratan Tata. Mr Reddy said the road could be among the best in India and could even be used as an emergency runway, recalling an earlier summit pledge to dedicate the road to an organisation investing ₹1 lakh crore in the State.

Present at the announcement were TCS chief executive and managing director K. Krithivasan, who called AI a civilisational shift rather than a mere technology disruption; K. Rajanna, president of TCS HyperVault; HyperVault chief executive Deepesh Nanda; IT Minister D. Sridhar Babu; Ministers Uttam Kumar Reddy, Komatireddy Venkata Reddy and Adluri Lakshman Kumar; Chief Secretary Sanjay Jaju; and government adviser K. Ramakrishna Rao. OpenAI chief technology officer Uday Rudraraju addressed the meeting virtually.

Money stays ₹70,000 crore and ₹1 lakh crore with numerals. This Development cutting records the announced investment, capacity, jobs, Formation Day deadline and road dedication. It does not invent a signed concession agreement’s every clause, a land-alienation gazette, or a power-purchase schedule. Readers should treat the 2 June 2028 inauguration target as a political deadline attached to a corporate announcement — ambitious, dated, and still dependent on execution that has not yet been proven on the ground.

Future City pitch decks now have a dated inauguration target and a named HyperVault campus. The 1 GW ceiling and 7,000 direct jobs are announcement figures, not audited employment rolls. Radial Road-1’s dedication to Ratan Tata ties infrastructure theatre to the investment story. Development desks should track power allocation, land aggregation and construction milestones between now and 2 June 2028 without inventing those milestones today. The locked 5 September package is ₹70,000 crore, HyperVault, 1 GW, 7,000 jobs, Formation Day deadline, and the road dedication.