Why Blackstone is betting $30B India can solve its power crunch
airtrunk committed $30b to build 5gw of indian data centers by 2030. this massive expansion tests whether india's grid can support the infrastructure needed to become a global ai hub.
airtrunk plans to invest $30b in india to construct 5gw of data center capacity, capitalizing on government tax incentives and a projected market jump from 1.5gw to 8gw by 2030. a $21b, 3gw campus in raigad is already underway following talks between pm modi and ceo robin khuda. this investment reinforces india's strategy to attract global ai workloads, joining similar commitments from amazon, google, and microsoft. the success of this expansion relies heavily on india's ability to mitigate well-documented power and water bottlenecks that threaten data center stability.