AirTrunk unveils $42B Indian data centre expansion

Australian data centre giant AirTrunk has unveiled a US$30 billion plan to develop over five gigawatts of digital infrastructure in India by 2030.

Backed by Blackstone and the Canada Pension Plan Investment Board, the hyperscale operator signed crucial letters of intent with state governments following high-level meetings between

AirTrunk CEO Robin Khuda, regional ministers, and Prime Minister Narendra Modi.

The ambitious rollout scales up AirTrunk’s recent entry into the Indian market, which began in April with the US$5 billion acquisition of Lumina CloudInfra and its 600-megawatt pipeline across Mumbai, Chennai, and Hyderabad.

A major centrepiece of the new strategy includes a signed agreement for a land allotment in Maharashtra’s Raigad Pen Growth Centre, earmarked for a three-gigawatt facility representing an estimated US$21 billion investment.

Executing these projects remains conditional on customer demand, subsea cable access, and local policy frameworks, but the initiative is projected to generate tens of thousands of regional jobs.

Khuda noted that data infrastructure has become as economically vital as traditional transport and power networks.

He emphasised that jurisdictions recognising this shift will successfully attract global capital and innovation.