Maharashtra has secured what it describes as its largest data centre investment deal, with Australian infrastructure giant AirTrunk planning to develop a 3 GW campus near the upcoming Navi Mumbai International Airport. The state government issued a Letter of Intent for land allotment at the Raigad Pen Growth Centre, marking a major step in the company’s entry into India’s data infrastructure market.
Chief Minister Devendra Fadnavis announced that AirTrunk will invest approximately Rs 2 lakh crore, equivalent to around $21.05 billion, in the project. The announcement came after Fadnavis welcomed AirTrunk CEO Robin Khuda to the state and exchanged the Letter of Intent for the land allocation. The deal positions Maharashtra to strengthen its ambitions of becoming India’s leading data centre destination.
The Raigad Pen Growth Centre, also referred to as the Orange City growth centre, is being planned as a hub for technology companies and fintech firms. Its location near the new Navi Mumbai International Airport is expected to support large-scale industrial and digital infrastructure development. The 3 GW capacity attached to the project would make it one of the largest data centre campuses in the country if realized.
AirTrunk is backed by Blackstone and has been expanding its global data centre footprint. The company recently entered the Indian market through the acquisition of Lumina CloudInfra, which added to its existing capacity across multiple countries. The Maharashtra agreement represents a significant escalation in its India strategy, moving from acquisition to a ground-up campus development.
The Letter of Intent is an early-stage agreement focused on land allotment rather than a final construction contract. Key implementation details, including timelines, power procurement, and detailed project approvals, will need to be finalized in subsequent stages. Industry observers note that executing a 3 GW campus will require substantial coordination on grid capacity, power infrastructure, and regulatory clearances.
The deal comes as India’s data centre pipeline continues to expand, driven by rising demand for cloud services, digital payments, and AI workloads. Maharashtra has been positioning itself as a primary node for data infrastructure in western India, with Mumbai and Navi Mumbai already hosting multiple operational facilities. The proposed AirTrunk campus would substantially increase the state’s planned data centre capacity if built as announced.
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