New Delhi: Data centre operator AirTrunk has announced plans to invest more than Rs 3 lakh crore (USD 30 billion) in India by 2030, marking one of the largest proposed investments in the country’s digital infrastructure sector.
The company said in a statement that the investment would support the expansion of cloud computing and artificial intelligence infrastructure while strengthening India’s position as a global technology and data centre hub.
Backed by Blackstone and Canada Pension Plan Investment Board, AirTrunk said its proposed investment programme would rank among the largest digital infrastructure initiatives currently under consideration in India.
The company plans to develop 5 GW of data centre capacity across multiple states and union territories. It said the initiative would support India’s ambition to emerge as a major destination for AI and cloud infrastructure investment while generating employment, boosting economic activity, and supporting the growth of the technology ecosystem.
Prime Minister Narendra Modi welcomed the announcement following his meeting with AirTrunk founder and Chief Executive Officer Robin Khuda. He said India’s digital infrastructure journey was gaining strong momentum and noted that the proposed investment was among the largest commitments in the country’s digital infrastructure ecosystem.
Modi said the investment would strengthen India’s position as a global hub for cloud computing and artificial intelligence. He also noted that the project was expected to create jobs, support local supply chains, and accelerate innovation-driven growth. Modi added that India was increasingly shaping the future of the global digital economy.
The announcement comes shortly after AirTrunk entered the Indian market through the acquisition of Lumina CloudInfra in April this year. Through the acquisition, the company secured a development pipeline of 600 MW across Mumbai, Chennai, and Hyderabad.
During his first senior government engagement programme in India since the acquisition, Khuda met federal representatives as well as ministers in Maharashtra and Andhra Pradesh. Discussions focused on accelerating investment in cloud and AI infrastructure and creating conditions to support long-term digital growth.
According to the company, the talks covered access to reliable and affordable power, renewable energy, sustainable water supply, talent development, streamlined approval processes, and greater coordination between state and federal governments for strategic infrastructure projects.
Khuda said India was creating favourable conditions for global capital and highlighted the country’s government-led AI initiatives, skilled workforce, and renewable energy potential. He indicated that AirTrunk had been confident about India’s prospects before entering the market and was now looking to deepen its commitment following discussions with government leaders.
He also said the company received a clear message that India remained open to investment and was determined to compete for the next generation of AI and cloud infrastructure.
AirTrunk highlighted government initiatives such as Digital India, the IndiaAI Mission, and the India Semiconductor Mission as factors strengthening India’s attractiveness as a destination for technology investment.
