AirTrunk is moving decisively into India by acquiring local data centre developer Lumina CloudInfra, adding about 600 megawatts of planned capacity to its portfolio. The deal sits inside a broader India investment strategy valued at around USD5 billion (about AUD7 billion) and AirTrunk now operates or plans more than 3GW of capacity across 20 campuses in Australia, Singapore, Japan, Malaysia, Hong Kong and India.
India had been the only gap in AirTrunk's network across Asia’s six largest cloud and AI hubs.
Lumina CloudInfra does not disappear in the process, even though it is being bought out rather than merged. Its platform continues to be backed by capital from Blackstone and the Canada Pension Plan Investment Board, both of which funded Lumina’s launch in late 2022.
Lumina is already advancing three hyperscale data centre campuses in Mumbai, Chennai and Hyderabad, giving AirTrunk an instant on-the-ground footprint in key Indian metros. That existing project pipeline effectively jump-starts AirTrunk’s Indian expansion timeline.
The acquisition matters for Blackstone because it now controls both sides of the transaction, AirTrunk, its regional data centre champion, and Lumina, the India-focused platform it incubated. Folding Lumina into AirTrunk consolidates expertise, capital and customer relationships under a single regional operator while preserving Blackstone and CPPIB’s financial support for the Indian assets.
For AirTrunk’s hyperscale and AI customers, the combined platform promises large-scale high-speed capacity that can be deployed consistently from Sydney to Mumbai. The integration is designed to give cloud and AI providers a unified way to scale across APAC without stitching together multiple smaller operators.
