Airtel’s Nxtra Secures $1 Billion Investment to Expand AI-Ready Data Centres

01 Apr 2026 CW Team

Under the agreement, Alpha Wave Global will invest $435 million, Carlyle $240 million and Anchorage Capital $35 million, while the remaining amount will be infused by Airtel. The final shareholding of investors will be subject to post-closing adjustments. Airtel will continue to retain a controlling stake in Nxtra. The transaction is subject to regulatory approvals in India.

Nxtra, which claims to be the first data centre company in India to deploy AI at scale for predictive maintenance, energy efficiency and automated operations, plans to use the fresh capital to accelerate its expansion. The company intends to scale its infrastructure and broaden its service offerings to meet rising demand from enterprises, hyperscalers and government organisations.

India’s data centre market is witnessing rapid growth due to accelerating digital adoption, increasing cloud usage and expanding hyperscaler requirements. A Savills India report projects the sector to grow at a CAGR of about 21 per cent between 2024 and 2030, reaching nearly 3,400 MW of IT capacity.

“At Nxtra, we have built one of India’s most advanced and sustainable data center networks,” said Gopal Vittal, Executive Vice Chairman, Airtel. “With ~300 MW capacity today, we aim to scale to 1 GW in the next few years, targeting ~25 per cent market share.”

Kapil Modi, Partner at Carlyle India Advisors, said Nxtra is well-positioned to benefit from India’s long-term digital infrastructure growth.

Rick Gerson, Co-Founder & CIO, Alpha Wave Global, said the firm is excited to partner with the Bharti Group as Nxtra scales to become a leading data centre business in India.

Headquartered in New Delhi, Nxtra currently operates 14 large core data centres and over 120 edge facilities nationwide, offering co-location, cloud infrastructure, managed hosting, data backup, disaster recovery and edge computing services. The company has a major facility in Pune and is developing additional AI-ready campuses in Chennai, Mumbai and Kolkata.

Bharti Airtel has announced a $1 billion investment in Nxtra Data Limited, its data centre subsidiary, from Alpha Wave Global, Carlyle and Anchorage Capital through their affiliates. Airtel will also participate in the round, which is expected to value Nxtra at around $3.1 billion post-closing.Under the agreement, Alpha Wave Global will invest $435 million, Carlyle $240 million and Anchorage Capital $35 million, while the remaining amount will be infused by Airtel. The final shareholding of investors will be subject to post-closing adjustments. Airtel will continue to retain a controlling stake in Nxtra. The transaction is subject to regulatory approvals in India.Nxtra, which claims to be the first data centre company in India to deploy AI at scale for predictive maintenance, energy efficiency and automated operations, plans to use the fresh capital to accelerate its expansion. The company intends to scale its infrastructure and broaden its service offerings to meet rising demand from enterprises, hyperscalers and government organisations.India’s data centre market is witnessing rapid growth due to accelerating digital adoption, increasing cloud usage and expanding hyperscaler requirements. A Savills India report projects the sector to grow at a CAGR of about 21 per cent between 2024 and 2030, reaching nearly 3,400 MW of IT capacity.“At Nxtra, we have built one of India’s most advanced and sustainable data center networks,” said Gopal Vittal, Executive Vice Chairman, Airtel. “With ~300 MW capacity today, we aim to scale to 1 GW in the next few years, targeting ~25 per cent market share.”Kapil Modi, Partner at Carlyle India Advisors, said Nxtra is well-positioned to benefit from India’s long-term digital infrastructure growth.Rick Gerson, Co-Founder & CIO, Alpha Wave Global, said the firm is excited to partner with the Bharti Group as Nxtra scales to become a leading data centre business in India.Headquartered in New Delhi, Nxtra currently operates 14 large core data centres and over 120 edge facilities nationwide, offering co-location, cloud infrastructure, managed hosting, data backup, disaster recovery and edge computing services. The company has a major facility in Pune and is developing additional AI-ready campuses in Chennai, Mumbai and Kolkata.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..