tech
AirTrunk plans $30bn, 5GW India data centre push by 2030
Blackstone-backed AirTrunk plans to invest $30 billion in India by 2030, building 5GW of data centre capacity across multiple states. The announcement comes six weeks after AirTrunk entered India through its acquisition of Lumina CloudInfra.
TL;DR
- AirTrunk plans to invest over $30 billion in India by 2030 to build 5GW of digital infrastructure.
- This investment aims to strengthen India's position as a global hub for cloud computing and AI.
- The plan follows AirTrunk's April entry into India via the acquisition of Lumina CloudInfra, which had a 600MW development pipeline.
- A central part of the plan is a 3GW campus in Raigad, near Mumbai, with a potential $21 billion price tag.
- India's data centre market is accelerating, with other major players like Google, Microsoft, and Amazon also making substantial commitments.
- Government policies, including a 20-year tax holiday for foreign firms using Indian data centres, support this growth.
- Challenges remain, including ensuring the country's grid, water supply, and planning systems can keep pace with the rapid influx of capital and development.