Australia's AirTrunk to Invest $21.05 Billion in Data Centres in Maharashtra
Australian hyperscale data centre company AirTrunk, backed by Blackstone, has announced a massive $21.05 billion (approximately ₹1.8 lakh crore) investment to establish a 3-gigawatt (GW) hyperscale data centre campus in Maharashtra's Raigad Pen Growth Centre. The project ranks among the largest foreign investments ever proposed in India's digital infrastructure sector.
The investment follows the signing of a Letter of Intent (LoI) for land allotment with the Maharashtra government. Located near Mumbai, the new campus will support the rapidly growing demand for cloud computing, artificial intelligence (AI), and digital services across India.
The project reinforces Maharashtra's emergence as India's leading destination for large-scale digital infrastructure investments. The Raigad Pen Growth Centre, strategically located near Mumbai, offers excellent connectivity, access to power infrastructure, and proximity to major enterprise customers, making it an ideal location for hyperscale data centre development.
The Maharashtra project forms the foundation of AirTrunk's broader India strategy. Following its entry into the Indian market through the acquisition of Lumina CloudInfra, the company has announced plans to invest up to $30 billion by 2030 to develop more than 5 GW of digital infrastructure capacity across multiple Indian states.
AirTrunk's $21.05 billion investment in Maharashtra marks a transformative milestone for India's digital infrastructure sector. The proposed hyperscale data centre campus will strengthen cloud computing, artificial intelligence, and enterprise technology capabilities while creating jobs, attracting further global investment, and positioning India as a leading destination for next-generation digital infrastructure.