The Blackstone-backed Australian data centre operator has picked India as one of its most significant long-term bets and committed the capital to prove it.
AirTrunk, the Sydney-based data centre company backed by Blackstone and the Canadian Pension Plan Investment Board, will invest $30 billion in India by 2030. The money goes into building 5 gigawatts of new data centre capacity across the country.
The announcement came on June 5, 2026. CEO Robin Khuda met Prime Minister Narendra Modi in New Delhi the same day.
AirTrunk entered India in April 2026 by acquiring Lumina CloudInfra. That deal gave the company an immediate base, with 600 megawatts of capacity projects already in development across Mumbai, Chennai, and Hyderabad. The $30 billion commitment builds on that foundation.
India has been actively courting this kind of capital. The government offers tax breaks for foreign firms operating from domestic data centres. AI demand is rising sharply. Regulatory clarity has improved. The conditions are drawing in global data centre operators at a scale India has not seen before.
Khuda said: “One of the strongest messages we took away from this week was a genuine sense of urgency. There is a recognition that AI investment is a global race and that capital will flow to places that are prepared to compete for it.”
On what investors need from India: “Every market has strengths and challenges. What investors consistently look for is certainty, coordination and speed.”
The scale of this commitment is worth pausing on. $30 billion over four years. Five gigawatts of capacity. A Blackstone-backed Australian company funded by Canadian pension capital, buying an Indian data centre business and immediately committing to one of the largest infrastructure investments India has received from a foreign company.
This is not a market entry announcement. It is a structural bet on where AI infrastructure is being built and AirTrunk has decided that place is India.
AirTrunk is headquartered in Sydney, Australia, and is backed by Blackstone and the Canadian Pension Plan Investment Board.
