SynopsisAirTrunk, backed by Blackstone, will invest over $21 billion in a new data centre in Maharashtra's Raigad Penn Growth Centre. This facility will boast a 3 GW capacity. India is attracting significant foreign investment in data infrastructure, with US tech giants expected to invest over $630 billion this year.Australia's AirTrunk has signed a letter of intent for land allotment in India's western state of Maharashtra for a data centre where it will ‌invest $21.05 billion, ⁠the ⁠state's chief minister said in a post on X.The ​data center will be located in the Raigad Penn Growth Centre, ​which lies on ⁠the outskirts ‌of the financial capital ​Mumbai, ​and will have 3 ⁠GW capacityAirTrunk is backed by ​U.S.-based investment firm BlackstoneThe firm has data centres in Hong Kong, Japan, Malaysia and SingaporeMore than $630 billion worth of investments are expected from ‌US tech giants this year as India is offering ​tax breaks ​for ⁠foreign firms operating from domestic data centresIndia's biggest conglomerates are also stepping up a push into AI and data infrastructure with Reliance and Adani committing about $110 billion and $100 billion, respectively, in February ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now