AirTrunk plans to invest $30 billion in India by 2030 to enhance AI data center capacity by 5 GW, following its recent acquisition of Lumina CloudInfra.
AirTrunk, a data center operator backed by Blackstone, has unveiled plans to invest approximately ₹3 trillion ($30 billion) in India by 2030, significantly boosting its AI computing capabilities by 5 GW.
This extensive initiative will cover various states and union territories in India. Following its entry into the Indian market through the acquisition of Lumina CloudInfra in April 2026, AirTrunk has established a project portfolio totaling 600 MW across major cities such as Mumbai, Chennai, and Hyderabad.
Maharashtra's Chief Minister Devendra Fadnavis recently announced a letter of intent to facilitate land allocation for AirTrunk's proposed 3 GW data center at the Raigad Pen Growth Center, with an investment estimated at around ₹2 trillion (about $21 billion). However, it remains unclear if this facility is included in the broader 5 GW plan or if the company will explore additional locations.
This development follows a meeting between AirTrunk's CEO Robin Hood and Indian Prime Minister Narendra Modi. Hood also engaged with officials in Maharashtra and Andhra Pradesh to discuss enhancing investments in cloud and AI infrastructure, focusing on energy access, renewable solutions, water sustainability, workforce training, and streamlining project approvals.
India's digital infrastructure development is gaining remarkable speed.
AirTrunk has announced plans to invest ₹3 lakh crore ($30 billion) and establish 5 GW of data center capacity, marking a significant investment in the country’s digital landscape.
— Narendra Modi (@narendramodi) June 5, 2026
Hood emphasized that AirTrunk views India as an attractive destination for capital investment due to favorable government initiatives in AI, a robust technical environment, and abundant renewable energy resources.
Additionally, Indian authorities recently proposed a tax exemption for foreign cloud service providers until 2047 on exports, provided that workloads are processed through Indian data centers.
