AirTrunk plans $30bn, 5GW India data centre push by 2030 AirTrunk, backed by Blackstone, has announced plans to invest over $30 billion in India by 2030, aiming to build more than 5 gigawatts of digital infrastructure capacity. This significant commitment follows AirTrunk’s recent entry into the Indian market through the acquisition of Lumina CloudInfra. The investment aligns with India’s strategy to become a global hub for cloud computing and AI, supported by government policies such as tax holidays for foreign tech firms.

• 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. Continue reading https://thenextweb.com/news/airtrunk-blackstone-30-billion-india-data-centres