PM Modi welcomes AirTrunk's Rs 3 lakh crore investment plan in India, highlights digital economy push - The Times of India

Key points

• PM Modi with Robin Khuda NEW DELHI: Prime Minister Narendra Modi on Friday welcomed Blackstone-backed AirTrunk's proposed investment programme of Rs 3 lakh crore in India by 2030 to expand digital infrastructure capacity, signalling one of the country's largest proposed investments in data centres, cloud computing and artificial intelligence (AI) infrastructure.He said that the investment plan reflected the growing strength of India's digital infrastructure ecosystem.In a post on X, PM Modi wrote: "India's digital infrastructure journey is gathering remarkable momentum.
• AirTrunk has announced plans to invest around Rs.
• 3 lakh crore ($30 billion) in India, and develop 5 GW of data centre capacity.
• This is among the largest proposed investments in the country’s digital infrastructure ecosystem.""Such investments will strengthen India's position as a global hub for cloud computing and AI, while generating employment opportunities, supporting local supply chains and accelerating innovation-led growth.
• It is clear that the future of the...