Australia's AirTrunk to invest $30 billion in India by 2030
AirTrunk said the investment will add 5 gigawatts of capacity as India courts more cloud and AI infrastructure spending.
- On Thursday, Australian data-centre company AirTrunk announced a $30 billion investment in India over four years to develop 5 gigawatts of new capacity, a move Prime Minister Narendra Modi said strengthens the nation's AI and cloud infrastructure.
- The company entered the Indian market earlier this year by acquiring Lumina CloudInfra, benefiting from government tax exemptions through 2047 for foreign cloud providers running workloads from Indian data centers.
- Maharashtra Chief Minister Devendra Fadnavis confirmed a letter of intent for a 3GW project at the Raigad Pen Growth Center involving around $21 billion, supplementing AirTrunk's existing 600 megawatt pipeline across Mumbai, Chennai, and Hyderabad.
- Amazon, Google, Microsoft, Reliance Industries, and Adani Group are also expanding locally, while research firm Bernstein projects India's total data-centre capacity could reach 8GW by 2030 from about 1.5GW today.
- Deloitte warns that Asia Pacific data-centre build-outs could require significant additional electricity by the end of the decade, even as the investment positions India as a growing global cloud and AI hub.
24 Articles
24 Articles
AirTrunk plans $30bn, 5GW India data centre push by 2030
Six weeks ago, AirTrunk did not operate in India. Now it wants to spend $30 billion there. The Blackstone-backed hyperscale data centre operator announced on Thursday that it plans to invest more than INR 3,000 billion ($30 billion) in India by 2030, building over 5 gigawatts of digital infrastructure capacity across multiple states and union […] This story continues at The Next Web
Data Centre Specialist AirTrunk To Invest Rs 3 Lakh Crore In India: PM Modi
Leading hyperscale data centre specialist AirTrunk plans to invest more than Rs 3 lakh crore in India by 2030 in support of digital infrastructure capacity, positioning the country as a cornerstone of global growth strategy.
AirTrunk to invest $30 bn in India, PM Modi says it will strengthen AI and cloud infra
AirTrunk announced plans to invest Rs 3 lakh crore in India for new data centre capacity after its chief met Prime Minister Narendra Modi. The move adds to India’s push to attract global AI and cloud infrastructure capital.
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