AirTrunk plans $30 billion investment in India’s AI, cloud infrastructure by 2030
AI-summarised brief · reviewed before publication
AirTrunk plans to invest over ₹3 lakh crore ($30 billion) in India by 2030 to expand digital infrastructure capacity, focusing on cloud computing and artificial intelligence. The company, backed by Blackstone and Canada Pension Plan Investment Board, aims to develop 5 GW of data centre capacity. This investment is among the largest digital infrastructure initiatives in India, supporting the next phase of AI and cloud adoption. Prime Minister Modi welcomed the investment, stating it will strengthen India's position as a global hub for cloud computing and AI. The investment follows AirTrunk's entry into the Indian market through its acquisition of Lumina CloudInfra.
💡 Why It Matters
- · India's digital policy push and government-led initiatives have created an attractive environment for long-term investment in AI and cloud computing.
- · AirTrunk's investment will accelerate innovation-led growth and generate employment opportunities.