Why it matters
The strategic read
Turns the Maharashtra 3 GW LoI from a single-state megaproject into part of a broader Blackstone-backed India capacity race. A 5 GW / $30B AirTrunk program would force multi-state power, water, land, fiber, EPC, cooling and renewable-energy procurement decisions at national scale, while putting India alongside the U.S. and Middle East as a serious AI factory destination rather than just a cloud-region expansion market.
Source-supported terms
What was disclosed
- 01
AirTrunk announced plans to invest more than INR 3,000B / US$30B in India by 2030 to support digital infrastructure capacity.
- 02
AirTrunk said the proposed investment program would support 5 GW of new data-center capacity in India.
- 03
The company said the program would rank among the largest digital-infrastructure initiatives currently being considered in India and help enable cloud and artificial-intelligence growth.
- 04
AirTrunk is backed by Blackstone and Canada Pension Plan Investment Board, and entered India through the April 2026 acquisition of Lumina CloudInfra.
- 05
Through the Lumina acquisition, AirTrunk said its existing India development pipeline includes 600 MW across Mumbai, Chennai and Hyderabad.
- 06
AirTrunk said CEO Robin Khuda met federal representatives and ministers in Maharashtra and Andhra Pradesh to discuss accelerating cloud and AI infrastructure investment.
- 07
The discussions focused on reliable and cost-effective power, renewable energy, sustainable water supply, talent development, streamlined approvals and coordination between state and federal governments.
- 08
Reuters reported that AirTrunk plans to build out 5 GW of new data-center capacity within the next four years, and that the new investment expands beyond the current 600 MW India pipeline.
- 09
TechCrunch tied the national program to the already-announced Maharashtra Raigad Pen Growth Centre LoI, where AirTrunk is planning a 3 GW campus involving about Rs 2 lakh crore / roughly $21B.
Disclosure boundary
What is known—and what is not
Primary AirTrunk announcement plus Reuters / TechCrunch near-primary reporting. Public details disclose the planned national investment amount, 5 GW capacity target, 2030 horizon, ownership backing, current 600 MW acquired pipeline and government-engagement themes around power, renewables, water, approvals and coordination. This is not yet a site-by-site construction contract, utility service agreement, financing close, EPC award, tenant lease or final permit package; the 3 GW Maharashtra LoI is tracked separately as the first named state-level receipt inside the broader India program.