AirTrunk, a data centre company founded by Australian billionaire Robin Khuda and backed by Blackstone, has committed to investing Rs2tn ($21bn) in a new data centre project in Maharashtra, western India.
The facility, planned for the Raigad district on the outskirts of Mumbai, is expected to have a total capacity of 3GW.
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The announcement came after AirTrunk and the Maharashtra state government signed a letter of intent for land allotment at the Raigad Pen Growth Centre.
Maharashtra Chief Minister Devendra Fadnavis shared news of the agreement on X, formerly known as Twitter.
Fadnavis said: “We exchanged a letter of intent for land allotment at the Raigad Pen Growth Centre (Orange City) for their upcoming data centre—a massive 2 trillion rupees investment with 3GW capacity”.
Founded in 2015 and headquartered in Sydney, AirTrunk operates across several Asia-Pacific markets, including Australia, Hong Kong, India, Japan, Malaysia and Singapore.
The company specialises in hyperscale data centres for cloud services, content delivery, and large enterprises in the Asia-Pacific and Middle East regions.
In 2024, AirTrunk was acquired by a group led by Blackstone and Canada Pension Plan Investment Board (CPP Investments) alongside the company’s CEO Robin Khuda.
Through the acquisition of Lumina CloudInfra in April 2026, AirTrunk forayed into the Indian market.
The deal enabled AirTrunk to tap straight into Lumina CloudInfra’s project pipeline, along with its established customer and partner agreements and day-to-day operating platform. Included is roughly 600MW of planned capacity, equating to as much as $5bn in future development opportunity.
In April, AirTrunk unveiled plans to inject around $3bn in Malaysia to build two new data centres under the names JHB3 and JHB4. The facilities, planned for Iskandar Puteri in Johor, are expected to deliver more than 280MW of combined IT load and will be built near AirTrunk’s existing JHB1 and JHB2 campuses.
