AirTrunk, backed by Blackstone, plans a significant $30 billion investment in India's digital infrastructure by 2030, aiming to bolster hyperscale data center capacity. This move positions India as a crucial hub for digital services. Separately, Anant Raj has partnered with the Haryana government to invest Rs 25,000 crore in data centers and cloud services, a deal that saw its shares rise 5%. Blackstone Digital Infrastructure is also acquiring data centers in tier 1 markets as part of its broader expansion in the sector.
Blackstone-backed AirTrunk is set to invest over Rs 3 lakh crore, equivalent to $30 billion, in India by 2030. The company's objective is to expand its hyperscale data center capacity, establishing India as a pivotal hub for digital infrastructure. This substantial investment underscores the growing importance of the Indian market for digital services and data processing.
In parallel, Anant Raj has entered into a partnership with the Government of Haryana. This collaboration will involve an investment of Rs 25,000 crore dedicated to developing data centers and cloud services within the state. The announcement of this deal led to a 5% increase in Anant Raj's share price, reflecting positive market reception.
Further contributing to the expansion of digital infrastructure, Blackstone Digital Infrastructure is actively acquiring premium data centers. These acquisitions are concentrated in major tier 1 markets, indicating a strategic focus on high-demand locations within the digital infrastructure sector. The combined activities highlight a significant surge in investment and development across India's data center and digital infrastructure landscape.
Blackstone-backed AirTrunk is set to invest over Rs 3 lakh crore, equivalent to $30 billion, in India by 2030. The company's objective is to expand its hyperscale data center capacity, establishing India as a pivotal hub for digital infrastructure. This substantial investment underscores the growing importance of the Indian market for digital services and data processing.