AirTrunk Plans $30 Billion, 5 GW Data Center Expansion in India by 2030

This significant investment in Indian data center infrastructure directly addresses the scaling needs of streaming services and other digital platforms reliant on robust cloud and AI capabilities. As content consumption and data processing grow, localized hyperscale capacity reduces latency and improves service delivery efficiency across the region. The move highlights India's strategic importance in the global digital economy, attracting major infrastructure investments. What to watch: The pace of regulatory approvals and power grid development required to support this expanded data center capacity.

AirTrunk's $30 billion commitment follows its entry into the Indian market earlier this year through the acquisition of Lumina CloudInfra (TechCrunch, June 2026). This deal provided an initial development pipeline of 600 MW in Mumbai, Chennai, and Hyderabad (The Economic Times, June 2026). The new plan includes a 3 GW campus at the Raigad Pen Growth Center, for which a letter of intent for land allotment has been exchanged with the Maharashtra government, with an estimated cost of $21 billion (The Next Web, June 2026). India's data center market has seen rapid growth, with capacity projected to rise to 8 GW by 2030 from 1.5 GW today (Bernstein, via TechCrunch, June 2026). The Indian government is incentivizing this growth with measures like tax exemptions through 2047 for foreign cloud providers using Indian data centers for overseas workloads, and substantial funding for initiatives like the IndiaAI Mission ($1.2 billion) and the India Semiconductor Mission ($9 billion) (The Next Web, June 2026). Other major players like Amazon, Google, Microsoft, OpenAI, and Uber have also announced significant investments in India's cloud and AI infrastructure (TechCrunch, June 2026).