Blackstone-backed AirTrunk plans $30bn India data centre push as the country becomes AI’s next construction site
TL;DR
Blackstone-backed AirTrunk plans to invest $30 billion in India by 2030, building 5GW of data centre capacity across multiple states. The announcement comes six weeks after AirTrunk entered India through its acquisition of Lumina CloudInfra.
Six weeks ago, AirTrunk did not operate in India. Now it wants to spend $30 billion there.
The Blackstone-backed hyperscale data centre operator announced on Thursday that it plans to invest more than INR 3,000 billion ($30 billion) in India by 2030, building over 5 gigawatts of digital infrastructure capacity across multiple states and union territories. The figure represents planned spending, not committed capital, and the four-year timeline leaves considerable room for adjustment. Still, if executed, the programme would rank among the largest digital infrastructure commitments in the country’s history.
Prime Minister Narendra Modi publicly welcomed the commitment, saying it would strengthen India’s position as a global hub for cloud computing and AI. The...
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