By NC Bipindra

New Delhi: Global technology company AirTrunk, on Friday (June 5, 2026), announced a $30 billion investment in India by 2030 to set up five gigawatt data centre capacity, a move supported by Prime Minister Narendra Modi.

“India’s digital infrastructure journey is gathering remarkable momentum. AirTrunk has announced plans to invest around INR 300,000 crore ($30 billion) in India and develop 5 GW of data centre capacity. This is among the largest proposed investments in the country’s digital infrastructure ecosystem,” Modi posted on X.

The Sydney-headquartered AirTrunk is a hyperscale data centre specialist creating a platform for cloud, content, and large enterprise customers across the Asia-Pacific and Middle East (APME) region.

“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!” Modi added in his post, along with images of his meeting with AirTrunk founder and CEO Robin Khuda.

The Blackstone-backed company’s Indian development pipeline included 600 megawatts of capacity projects in the key cities of Mumbai, Chennai, and Hyderabad, but the range would be increased with the new investment. The company, also supported by the Canadian Pension Plan Investment Board, entered the Indian market in April with its purchase of Lumina CloudInfra.

Khuda said Modi’s vision for India’s digital economy had helped create one of the world’s most compelling destinations for technology investment. “India has the scale, talent, and ambition required to become a global AI powerhouse. AirTrunk is excited to support that vision,” he said in a company statement.

AirTrunk’s proposed investment programme would rank among the largest digital infrastructure initiatives currently being considered in the country and help enable the next wave of growth in cloud and artificial intelligence.

“AirTrunk plans to invest more than INR 3,000 billion (USD 30 billion) in India by 2030 in support of digital infrastructure capacity, positioning the country as a cornerstone of AirTrunk’s global growth strategy and one of the company’s most significant long-term investment markets,” the company statement said.

The company’s proposed development pipeline in India, across multiple states and union territories, would support India’s ambition to become a global destination for AI and cloud infrastructure investment while generating significant economic activity, employment, and technology ecosystem growth, it said.

“Capital is mobile, and India is creating the conditions for it to thrive. 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. We were bullish on India before entering the market through Lumina. Following our discussion with government leaders this week, we’re looking to double down on that commitment,” he added.

The company develops and operates data centre campuses with industry-leading reliability, technology innovation, and energy and water efficiency. Founded in 2015, AirTrunk set up Australia’s first and largest hyperscale data centres in 2017, then set its eyes on rapid expansion and now operates a platform of hyperscale data centres across the APME region.

“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. Every market has strengths and challenges. What investors consistently look for is certainty, coordination, and speed,” Khuda said.

India is emerging as a global hotspot for Artificial Intelligence development by offering tax breaks to foreign companies investing in local data centres. India’s largest private-sector conglomerates are entering the AI and data infrastructure market, with Reliance and Adani Groups committing $110 billion and $100 billion in investment, respectively, in February. 

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