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AirTrunk Launches $30B, 5 GW Indian Data-Centre Push, Tax-Free Export

6/8/2026

Summary

Story summary

AirTrunk, backed by Blackstone, announced a $30 billion plan to build 5 GW of hyperscale data-centre capacity in India by 2030, including a 3 GW site at Raigad Pen Growth Center valued at 2 trillion rupees ($21 billion).
After acquiring Lumina CloudInfra in April 2026, AirTrunk secured a 600 MW pipeline and facilitated a meeting with Prime Minister Narendra Modi.
The government pledged zero taxes on cloud services sold abroad until 2047 from Indian data centres.

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Story summary

AirTrunk, backed by Blackstone, announced a $30 billion plan to build 5 GW of hyperscale data-centre capacity in India by 2030, including a 3 GW site at Raigad Pen Growth Center valued at 2 trillion rupees ($21 billion).
After acquiring Lumina CloudInfra in April 2026, AirTrunk secured a 600 MW pipeline and facilitated a meeting with Prime Minister Narendra Modi.
The government pledged zero taxes on cloud services sold abroad until 2047 from Indian data centres.