AirTrunk plans to invest more than Rs 3,000 billion ($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.

Backed by Blackstone – one of the largest foreign investors in India – and Canada Pension Plan Investment Board (CPPIB), AirTrunk’s proposed investment program would rank among the largest digital infrastructure initiatives currently being considered in the country and help enable the next wave of cloud and artificial intelligence growth.

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.

The announcement follows AirTrunk Founder and Chief Executive Officer Robin Khuda’s first senior government engagement program in India since the company’s entry into the market through the acquisition of Lumina CloudInfra in April this year. Through this acquisition, AirTrunk’s existing development pipeline in India includes 600MW across Mumbai, Chennai, and Hyderabad.

Robin Khuda 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 discussions with government leaders this week, we’re looking to double down on that commitment. We heard a clear message that India is open for investment and determined to compete for the next generation of AI and cloud infrastructure that will transform India’s industries and economy for generations to come.”

During the visit, Khuda met with Federal representatives and Ministers in Maharashtra and Andhra Pradesh to discuss how government and industry can work together to accelerate investment in cloud and AI infrastructure.

The discussions focused on the infrastructure, energy and policy settings required to support AI-driven growth, including access to reliable and cost-effective power, renewable energy, sustainable water supply, talent development, streamlined approvals processes, and greater coordination between state and federal governments on strategic infrastructure projects.