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AirTrunk plans $30 billion investment in India’s AI, cloud infrastructure by 2030

New Delhi. Data centre operator AirTrunk on June 6, 2026 said it plans to invest more than ₹3 lakh crore (about US$30 billion) in India by 2030 to expand digital infrastructure capacity, betting on the country’s rapid growth in cloud computing and artificial intelligence.

The company, backed by Blackstone and Canada Pension Plan Investment Board (CPPIB), said the proposed investment programme would be among the largest digital infrastructure initiatives currently under consideration in India and is intended to support the next phase of AI and cloud adoption.

After AirTrunk founder and chief executive Robin Khuda called on him, Prime Minister said that India’s digital infrastructure journey is gathering remarkable momentum.

“AirTrunk has announced plans to invest around ₹3 lakh crore ($30 billion) in India, and develop 5 GW of data centre capacity,” Modi posted on his X handle on June 5. “This is among the largest proposed investments in the country’s digital infrastructure ecosystem.”

He said that such investments will strengthen India’s position as a global hub for cloud computing and AI, while generating employment opportunities, supporting local supply chains and accelerating innovation-led growth.

“It is clear that the future of the world’s digital economy is increasingly being shaped in India!” he added.

The announcement comes months after AirTrunk entered the Indian market through its acquisition of Lumina CloudInfra in April. Following the transaction, the company’s existing development pipeline totals 600MW across Mumbai, Chennai and Hyderabad.

Khuda visited India for meetings with central government representatives and ministers in Maharashtra and Andhra Pradesh to discuss investment in cloud and AI infrastructure.

Talks focused on power, water, talent and approvals

According to the company, discussions covered the infrastructure and policy requirements needed for AI-led growth, including reliable and affordable power supply, renewable energy access, sustainable water availability, talent development, faster approvals and better coordination between the Centre and states on strategic projects.

“Capital is mobile, and India is creating the conditions for it to thrive,” Khuda said.

“India is taking a top-down approach to AI with clear government-led initiatives, a world-class talent pool and massive availability of renewable energy.”

He added that the company was looking to “double down” on its India commitment after recent government discussions.

Why India is central to the plan

AirTrunk said India’s digital policy push – including Digital India, the IndiaAI Mission and the India Semiconductor Mission – has strengthened the case for long-term investment in AI, cloud computing and digital services.

Khuda said Prime Minister Modi’s digital economy agenda had helped position India as an attractive destination for technology investment, citing the country’s scale, engineering talent and growing demand for AI infrastructure.

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