AirTrunk enters India with Lumina CloudInfra acquisition as hyperscale demand accelerates
The acquisition brings 600 MW of planned capacity into an Indian market driven by cloud and AI workloads.
The acquisition gives the Blackstone‑ and CPPIB‑backed hyperscale data centre platform immediate access to India through an established local operator, rather than a greenfield build‑out.
AirTrunk will take over Lumina's development pipeline, operating capabilities, and customer contracts as part of the transaction.
Lumina brings a planned portfolio of around 600 MW of capacity, representing up to US$5 billion in future development potential.
With the acquisition, AirTrunk scales to over 3 GW of operating and planned capacity across 20 campuses in six markets, including Australia, Singapore, Japan, Malaysia, Hong Kong, and now India.
The move comes as India's data centre market enters a rapid expansion phase driven by cloud adoption, growing data localisation requirements, and rising compute demand from AI workloads.
According to industry estimates cited by the companies, India's installed data centre capacity is expected to grow from roughly 1.5 GW in 2025 to around 10 GW by 2030.
AirTrunk’s founder and CEO, Robin Khuda, said, “India is one of the largest and fastest growing markets for hyperscale and AI infrastructure worldwide, and expanding in this market is a significant milestone for AirTrunk’s broader APAC strategy. By acquiring Lumina CloudInfra, we are uniquely positioned to deliver the scale, speed, and performance our customers need as they expand across the APAC region.”
India's push to develop sovereign AI capabilities under the IndiaAI Mission is also driving demand for large‑scale, AI‑ready data centre infrastructure capable of supporting high‑density compute deployments.
AirTrunk's India entry signals growing interest from global hyperscale platforms looking to secure capacity early through acquisition rather than land‑led development.
Lumina adds local execution and scale
Lumina operates across three Tier 1 markets in India and has focused on building large, AI‑ready and energy‑efficient data centre campuses.
The company brings on-ground execution capability, regulatory familiarity, and a ready development pipeline, which AirTrunk will now leverage as it expands its footprint in India.
By combining AirTrunk's global hyperscale design expertise, supply‑chain relationships, and customer base with Lumina's local operations, the merged platform aims to accelerate the delivery of large‑scale digital infrastructure across the region.
The combined entity will target global cloud and AI customers seeking multi‑region capacity across Asia Pacific with consistent design, density, and operational standards.
The integrated platform continues to be supported by long‑term capital from Blackstone and CPPIB, providing funding certainty for large-scale data centre development.
Lumina CloudInfra’s co‑founder and chief executive, Sujeet Deshpande, said the company will continue building India's digital infrastructure as part of the AirTrunk platform, combining local delivery capability with access to global design, construction, and operational frameworks.
The channel question
AirTrunk's acquisition of Lumina adds another global, private equity‑backed hyperscale platform to India's fast‑growing data centre landscape.
The entry is expected to intensify competition among operators as global cloud providers, and AI companies seek large, high‑density campuses with faster deployment timelines and assured power availability.
For partners and service providers, the expanding hyperscale footprint is likely to drive downstream demand across interconnect, network services, managed infrastructure, and AI‑focused workloads as global providers deepen their India presence.
As billions pour into India's data centre market, the questions that matter most for the channel are only just beginning. What happens to the partner ecosystem that Lumina CloudInfra built on the ground?
Lumina's operations across Mumbai, Chennai, and Hyderabad were built on local relationships, with the system integrators, solution providers, and service partners who form the backbone of India's regional IT channel.
AirTrunk, by contrast, is a hyperscale-first platform whose primary customers are the world's largest cloud and AI companies. These are fundamentally different go-to-market worlds, and the gap between them is where Indian channel partners now find themselves standing.
The critical question for the Indian channel community is whether AirTrunk will engage with and build on the local relationships Lumina established, or whether the integration will shift the platform's focus entirely toward the global cloud and AI customers that hyperscale operators typically serve.
Will regional system integrators and solution providers get a meaningful role in AirTrunk's expanded India operations, or will the business gravitate toward larger global players with existing hyperscaler relationships? That question has not been addressed in any public communication around the deal.
The answer will emerge in the months ahead. For Indian channel partners operating in the data centre and cloud infrastructure space, the time to engage, ask questions, and understand where they stand is now, before the integration is complete and the decisions have already been made.