Prime Minister Narendra Modi on Friday welcomed the announcement by global data centre operator AirTrunk to invest over Rs 3 lakh crore ($30 billion) in India by 2030, calling it one of the largest investments proposed in the country’s digital infrastructure ecosystem.
Backed by global investors Blackstone Inc. and Canada Pension Plan Investment Board, the investment plans to build 5 gigawatts (GW) of data centre capacity across different states and Union Territories in India. This will greatly strengthen India’s cloud computing and artificial intelligence infrastructure.
AirTrunk announced that India will be a key pillar of its global growth strategy and one of its most important destinations for long-term investment. The company said the proposed investment program would be one of the largest digital infrastructure projects currently under consideration in the country.
This announcement comes after AirTrunk entered the Indian market through the acquisition of Lumina CloudInfra in April 2026. Through this acquisition, the company has already secured development projects totaling 600 MW of data center capacity in Mumbai, Chennai, and Hyderabad.
Robin Khuda, Founder and CEO of AirTrunk, said India offers an attractive environment for long-term technology investments due to strong government support for AI, abundant renewable energy resources and a highly skilled workforce.
“India is taking a top-notch approach to AI, with clear government initiatives, a world-class talent pool, and widespread availability of renewable energy,” Khuda said, adding that discussions with government leaders have further strengthened the company’s confidence in increasing its commitment to the country.
During his visit, Khuda met with senior government representatives and ministers in Maharashtra and Andhra Pradesh to discuss ways to accelerate investment in cloud and AI infrastructure. Discussions included issues such as reliable power supply, renewable energy, sustainable water supply, talent development, streamlined approval processes, and coordination between state and central governments.
AirTrunk said its planned 5 GW data center expansion will create thousands of jobs during construction and operation, generating substantial economic activity, as well as strengthening local supply chains and attracting further investment from global cloud and AI companies.
The company also stressed that digital infrastructure is becoming as important as roads, ports and power networks for economic growth, and countries with strong digital ecosystems are expected to attract more innovation, investment and high-value job opportunities in the AI era.
India is emerging as a major destination for global data center investment, driven by rapid digitization, the growing adoption of cloud technology, and government pushes to build advanced technology infrastructure. AirTrunk’s planned investment will help the country become a top center for technology and AI in the Asia-Pacific region.
