Blackstone Backed AirTrunk Aims to Invest $30 Billion in India Data Centres by 2030

AirTrunk to Invest $30 Billion in India by 2030 for Digital Infrastructure

AirTrunk, a data centre operator backed by Blackstone, has announced plans to invest more than Rs 3,000 billion, or $30 billion, in India by 2030. This investment programme aims to build digital infrastructure capacity to meet the growing demand for cloud and artificial intelligence services.

The proposed investment will support the development of more than 5 gigawatts of new data centre capacity across multiple states and union territories in India. This move is expected to create jobs, stimulate local economic activity, and provide supply-chain opportunities linked to data centre development, construction, and operations.

AirTrunk's expansion in India is backed by its investors, including Blackstone, one of the largest foreign investors in the country. The company's founder and CEO, Robin Khuda, has been engaged in senior government discussions, including meetings with federal representatives and ministers in Maharashtra and Andhra Pradesh.

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Through its acquisition of Lumina CloudInfra in April 2026, AirTrunk has an existing development pipeline of approximately 600 megawatts across Mumbai, Chennai, and Hyderabad. This portfolio is valued at up to $5 billion in future development potential.

India's government-led digital programmes, including the Digital India, IndiaAI Mission, and the India Semiconductor Mission, have created a favourable environment for attracting global cloud and AI infrastructure investment. The IndiaAI Mission, approved in March 2024, has an outlay of Rs 10,371.92 crore, while the India Semiconductor Mission, approved in 2021, has an incentive framework of Rs 76,000 crore.

AirTrunk believes that India's scale, talent, and ambition make it an attractive destination for technology investment. The company's expansion plans come as global investors and technology companies increase their capital commitments to data centres, cloud computing, and AI infrastructure.

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Note: The table above highlights the investment amounts and data centre capacities of AirTrunk, Google and Blackstone, and Blackstone's largest Asia private equity fund.