Blackstone to Invest Rs 10,000 Crore in Chennai Hyperscale Data Centre Campus

Global investment firm Blackstone is strengthening its presence in India’s fast-growing digital infrastructure space with a planned investment of around Rs 10,000 crore in a hyperscale data centre campus in Chennai. The project is proposed to come up in Ambattur, a well-established industrial and infrastructure corridor in the city, according to media reports.

As part of the development, Blackstone’s data centre platform, Lumina CloudInfra, has acquired a 16-acre land parcel in Ambattur for over Rs 500 crore. The hyperscale campus is planned with an initial IT load capacity of 216 megawatts, positioning it among the larger data centre developments currently announced in southern India.

The Chennai project is being developed in partnership with Bengaluru-based Beary Group, a real estate developer with experience in building data centre facilities for global operators. The campus will be executed using Beary Group’s Design Build Deliver model, which is aimed at accelerating project timelines while maintaining operational efficiency and sustainability standards.

This investment adds to Blackstone’s rapidly expanding data centre portfolio across India. The global investor is already developing multiple large-scale facilities in Mumbai and Hyderabad, with total potential capacity running into several hundred megawatts. With this expansion, Blackstone has emerged as one of the largest owners of data centre capacity in the country.

Industry experts note that Chennai continues to attract significant interest from hyperscale operators due to its robust power infrastructure, improving fibre connectivity, availability of industrial land, and proximity to submarine cable landing stations. The city is increasingly seen as a preferred alternative to Mumbai for large-scale data centre investments.

India’s data centre capacity is expected to more than double by 2027, driven by rising cloud adoption, 5G rollout, digital public infrastructure, and growing demand from enterprises and global technology firms. Blackstone’s proposed Chennai campus is expected to play a key role in meeting this demand while further strengthening Tamil Nadu’s position in India’s digital economy.