Blackstone-Backed Lumina Begins Constructions at its First Data Centers in India
Lumina CloudInfra (“Lumina”), a data center platform owned by Blackstone’s Real Estate and Tactical Opportunities funds, held a groundbreaking ceremony to mark the beginning of constructions at its first hyperscale data center campus. This site sits at the heart of Navi Mumbai in Airoli and consists of data center buildings that are expected to exceed 60 megawatt of critical IT load.
Anil Reddy, Global Chief Executive Officer & Co-Founder, Lumina, said: “The groundbreaking of our first data center is an important milestone for Lumina and India’s digital journey. The Lumina platform builds on the team’s experiences combined with the success of Blackstone’s strong track record in data infrastructure and shares the commitment of bringing innovative opportunities to investors and consumers around the world including in India.”
Sujeet Deshpande, Chief Executive Officer & Co-Founder, Lumina India, said: “There’s tremendous demand for data centers in India, which is a hub for many leading technology and IT service companies. We are proud to be one of the pioneers in bringing an innovative mission-critical data infrastructure to India and supporting the country’s digital transformation.”
India’s data center ecosystem is seeing robust and sustained growth, propelled by data proliferation trends. Industry capacity is expected to grow significantly in the next 1-2 years, and Mumbai will continue to lead and account for 52% of the country’s total capacity, according to industry analysts.
The first phase of constructions is expected to be completed by 2025. Lumina is also on path to start work on the second site at Mahape, Navi Mumbai.
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