Australian data centre operator AirTrunk announced plans to invest more than $30 billion in India by 2030, developing over 5 gigawatts of digital infrastructure capacity across multiple states and union territories. The Blackstone-backed company said the investment will support India’s expanding cloud computing and artificial intelligence infrastructure requirements.
The proposed investment programme, backed by Blackstone and the Canada Pension Plan Investment Board, ranks among the largest proposed digital infrastructure investments in the country. AirTrunk stated the funding will be deployed over the next four years to build the new data centre capacity.
Prime Minister Narendra Modi welcomed the announcement on Friday, calling it among the largest proposed investments in India’s digital infrastructure ecosystem. Modi said the investment will strengthen India’s position as a global hub for cloud computing and AI while generating employment opportunities and supporting local supply chains.
AirTrunk entered the Indian market in April 2026 through its acquisition of Lumina CloudInfra, an India-focused developer of large-scale data centres also backed by Blackstone. Post-acquisition, the company scaled to more than 3GW of operating and planned capacity across 20 campuses in six operating regions including Australia, Singapore, Hong Kong, Malaysia, and India.
The Australian company, founded by Robin Khuda, was acquired by Blackstone in a deal valued at AUD 24 billion in 2024, representing Blackstone’s largest investment in the Asia Pacific region. Khuda first signalled India as AirTrunk’s next target market in November 2025, citing overwhelming demand in the data centre sector.
India has emerged as one of the world’s fastest-growing markets for data centres, driven by surging demand for cloud services and AI workloads. The AirTrunk commitment marks one of the largest foreign investments in the country’s technology sector to date.
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