Blackstone Inc to Invest $11 Billion in Indian Data Centres

Blackstone Inc., the world’s largest data centre provider, is making a significant move in India by investing $11 billion in data centre infrastructure. This investment aligns with the rapidly growing demand for artificial intelligence (AI) and cloud computing services in the country. With AI-driven technologies requiring massive computing power, data centres have become a critical part of the digital economy.

Blackstone’s Commitment to AI and Cloud Growth

Speaking to NDTV Profit, Blackstone CEO Stephen Schwarzman emphasised the importance of data centres in AI expansion. He stated, “We’ve made a commitment here in India to put $11 billion into data centres.”

He further elaborated on the rapid growth of AI, saying, “The power of the AI movement will be growing at a very accelerated rate as soon as we let the technology develop, which will happen over the next 10 years. Then we have to build as many data centres as the system can take.”

Schwarzman also explained the crucial role of data centres in AI infrastructure, stating, “You cannot have artificial intelligence without data centres because that’s where the computations and the computer are located. And so if you believe in artificial intelligence, then data centres will expand in terms of scale.”

Global Investments and Expansion Plans

The CEO projected massive investments in data centre infrastructure worldwide, estimating, “a trillion dollars worth of investment in building more data centres in the US over the next five years, and a trillion dollars outside the country.”

Blackstone has already established itself as a dominant player in the global data centre industry through acquisitions, including AirTrunk, a leading data centre platform in the Asia-Pacific region, and QTS, a US and European data centre provider.

In India, the company recently launched Lumina CloudInfra, a hyperscale cloud infrastructure and data centre provider based in Mumbai, with a planned capacity of 600 MW.

Conclusion

Blackstone’s investment highlights India’s growing importance in the AI and cloud computing landscape. As AI adoption accelerates, the demand for robust data centre infrastructure will continue to rise. With global tech giants increasing their focus on India, the country is set to become a major hub for AI-driven innovations and cloud computing services.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.