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AirTrunk commits $30B to build 5GW of AI data centers in India

AirTrunk, backed by Blackstone, has committed $30 billion to develop 5GW of AI data center capacity in India by 2030, marking one of the largest investments in the country's digital infrastructure. The company has already begun expansion through land acquisition in Maharashtra for a 3GW facility and has an existing 600MW pipeline across major Indian cities. This massive investment is supported by Indian government incentives, including tax exemptions for foreign cloud providers through 2047, as the country aims to increase its data center capacity from 1.5GW to 8GW by 2030.

Background

India is experiencing rapid growth in digital infrastructure investment, driven by increasing AI adoption and cloud computing demand. The Indian government has implemented policies like tax exemptions to attract foreign investment in data center infrastructure.

Source
TechCrunch
Published
Jun 5, 2026 at 09:03 PM
Score
8.0 / 10