Australian data centre operator AirTrunk will invest around US$30 billion in India by 2030, the company said on Friday, the latest promised major tech investment into the country.<\/p>\n
Indian Prime Minister Narendra Modi said the company planned to develop five gigawatts of data centre capacity and will “strengthen India’s position as a global hub for cloud computing and AI, while generating employment opportunities”.<\/p>\n
AirTrunk said its investment will “support digital infrastructure capacity” in “multiple” sites countrywide.<\/p>\n
“India’s digital infrastructure journey is gathering remarkable momentum,” Modi said in a statement on social media. <\/p>\n
“This is among the largest proposed investments in the country’s digital infrastructure ecosystem.” <\/p>\n
With more than a billion internet users, India has seen a surge of investment as generative AI players seek inroads to the world’s most populous country.<\/p>\n
There has been a flurry of billion-dollar data centre announcements from tech giants like Google, as well as domestic firms such as Reliance Industries.<\/p>\n
AirTrunk chief executive Robin Khuda, who met Modi this week, said the company was looking to “double down” on its existing commitments to India.<\/p>\n
“India is taking a top-down approach to AI with clear government-led initiatives, a world-class talent pool and massive availability of renewable energy,” he said in a statement. <\/p>\n
Further details of AirTrunk’s investment were not announced on Friday. <\/p>\n
“Digital infrastructure is becoming as important to economic growth as roads, ports and power networks were in previous generations,” the company said. <\/p>\n
But Devendra Fadnavis, chief minister of India’s richest state Maharashtra, gave details of proposed plans for a 3GW data centre at Raigad Pen Growth Centre, near financial capital Mumbai.<\/p>\n","protected":false},"excerpt":{"rendered":"
Australian data centre operator AirTrunk will invest around US$30 billion in India by 2030, the company said on Friday, the latest promised major tech investment into the country. Indian Prime Minister Narendra Modi said the company planned to develop five gigawatts of data centre capacity and will “strengthen India’s position as a global hub for cloud computing and AI, while generating employment opportunities”. AirTrunk said its investment will “support digital infrastructure capacity” in “multiple” sites countrywide. “India’s digital infrastructure journey is gathering remarkable momentum,” Modi said in a statement on social media. “This is among the largest proposed investments in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1012572","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012572"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012572\/revisions"}],"predecessor-version":[{"id":1012585,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012572\/revisions\/1012585"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}