AirTrunk, backed by Blackstone and CPPIB, plans to invest over USD 30 billion to build 5GW of data centre capacity in India by 2030. The expansion will support rising AI and cloud demand, spanning multiple states. The project aligns with IndiaAI and semiconductor missions, aiming to boost jobs, infrastructure, and digital growth.
New Delhi: Blackstone-backed data centre specialist AirTrunk plans to invest more than USD 30 billion (over Rs 3,000 billion) to develop over 5 gigawatts (GW) of digital infrastructure capacity in India by 2030.
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The proposed investment program, which is backed by Blackstone and the Canada Pension Plan Investment Board (CPPIB), ranks among the largest digital infrastructure initiatives currently under consideration in the country. The expansion across multiple states and union territories aims to support India's growing cloud and artificial intelligence (AI) infrastructure requirements.
According to an AirTrunk press release, the announcement follows AirTrunk Founder and Chief Executive Officer Robin Khuda's first senior government engagement program in India since the company entered the market through the acquisition of Lumina CloudInfra in April 2026.