By South Matters Business Desk | Technology & Business
AirTrunk, backed by Blackstone, has announced plans to invest more than $30 billion in India by 2030 as part of a major push to expand the country’s digital infrastructure.
The company aims to develop over 5 gigawatts (GW) of data center capacity across India, helping meet rising demand for cloud computing, artificial intelligence (AI), and digital services.
Major Boost for India’s Digital Economy
The investment announcement follows AirTrunk’s acquisition of Lumina CloudInfra and its reported $21 billion hyperscale data center campus project near Mumbai.
Company executives highlighted India’s growing digital ecosystem, skilled workforce, and rapidly expanding technology sector as key reasons for the investment.
The move is expected to strengthen India’s position as a global technology and data infrastructure hub.
Supporting AI and Cloud Growth
Demand for data centers has increased sharply as businesses adopt AI technologies, cloud services, and large-scale digital platforms.
AirTrunk’s planned expansion will provide critical infrastructure needed to support:
- Artificial intelligence applications
- Cloud computing services
- Enterprise digital transformation
- Data storage and processing
- High-performance computing
Industry experts believe India will become one of the fastest-growing data center markets globally during the next decade.
India’s Data Center Market Set for Rapid Expansion
India currently has around 1.3 GW of operational data center capacity. Industry projections suggest this could grow to nearly 5 GW by 2030.
The AirTrunk investment aligns with broader government efforts to attract technology investments and strengthen digital infrastructure nationwide.
Prime Minister Narendra Modi has repeatedly emphasized the importance of technology investments in shaping the future of India’s digital economy.
Employment and Infrastructure Benefits
The project is expected to generate significant employment opportunities during both construction and operations.
Analysts also expect the investment to boost:
- Technology sector growth
- Supply chain development
- Renewable energy adoption
- Foreign direct investment
- Regional economic development
As India continues its digital transformation, large-scale infrastructure investments such as AirTrunk’s could play a key role in supporting future innovation and economic growth.