AM Group of Hyderabad Announces $25 Billion Investment for 1GW AI Compute Hub in Greater Noida

Energy transition player AM Group (AMG), backed by the founders of Greenko Group, has announced plans to establish a groundbreaking 1 GW high-performance AI infrastructure hub in Greater Noida, Uttar Pradesh. This ambitious project, with an investment of $25 billion, aims to cater to global AI workloads and is expected to generate thousands of high-skilled jobs while attracting significant foreign direct investment (FDI). The initiative aligns with the Indian government’s vision for a developed nation by 2047, focusing on the expansion of AI-driven services.
Phased Development and Job Creation
The AI infrastructure hub will be developed in phases, with the initial capacity expected to be operational by 2028 and the full 1 GW capacity projected to be completed by 2030. This mega project is set to create a local ecosystem that fosters hardware manufacturing, software development, and specialized cooling technologies. The establishment of the hub is anticipated to generate thousands of high-skilled jobs, significantly benefiting the local economy. AMG’s commitment to this project was solidified through a memorandum of understanding (MoU) signed with Invest UP during the World Economic Forum in Davos.
Investment in Cutting-Edge Technology
The infrastructure will include around 500,000 state-of-the-art high-performance chipsets, making it one of the largest investments in AI infrastructure in India. This initiative is in line with the government’s Viksit Bharat 2047 vision, which aims to enhance the country’s AI capabilities. The AI hub will utilize AMG’s renewable energy sources, including wind, solar, and pumped storage, to provide 24/7 carbon-free energy. This commitment to sustainability is a key aspect of the project, ensuring that the facility operates with minimal environmental impact.
Supporting India’s AI Ecosystem
AMG’s high-performance computing (HPC) capabilities will enable access to chipsets for a broader Indian developer community. This access is designed to accelerate the development of AI solutions for both global and domestic markets. As the demand for HPC and AI workloads continues to rise in India, AMG aims to meet the needs of global hyperscalers, frontier labs, and enterprises efficiently and sustainably. The company emphasizes its vision of democratizing AI, which includes creating an end-to-end value chain from efficient energy use to intelligent tokens that serve various sectors, including healthcare, manufacturing, and gaming.
A Sustainable Future for AI Infrastructure
Anil Chalamalasetty, Group Chairman of AM Group, highlighted the importance of evolving the global AI ecosystem with intentionality and adaptability. He stated that the focus on transforming electron agents into intelligent tokens is a natural extension of AMG’s technology-first approach. Mahesh Kolli, Group President of AM Group, emphasized that by combining 1 GW of compute capacity with green power solutions, they are not merely constructing a data center but are instead laying the groundwork for a sustainable future in global AI infrastructure. The support from the State of Uttar Pradesh further strengthens this initiative, positioning it as a pivotal development in the AI landscape.
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