Blackstone-Backed AirTrunk Plans Over $30B Investment in India
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Blackstone-backed AirTrunk plans to invest more than $30B in India by 2030 in support of digital infrastructure capacity, "positioning the country as a cornerstone of AirTrunk's global growth strategy and one of the company's most significant long-term investment markets," the company said. AirTrunk's proposed investment program would rank among the largest digital infrastructure initiatives currently being considered in the country and help enable the next wave of cloud and artificial intelligence growth.
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Analyst Views on BX
Wall Street analysts forecast BX stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 120.290
Low
166.00
Averages
176.60
High
205.00
Current: 120.290
Low
166.00
Averages
176.60
High
205.00
About BX
Blackstone Inc. is an alternative asset manager. Its asset management includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Its Real Estate segment comprises its management of opportunistic real estate funds, Core+ real estate funds, and real estate debt strategies. Its Private Equity segment includes its management of flagship Corporate Private Equity funds, sector and geographically focused Corporate Private Equity funds, core private equity funds, an investment platform, and others. Its Credit & Insurance segment consists of Blackstone Credit & Insurance, which is organized into three overarching strategies: private corporate credit, liquid corporate credit and infrastructure and asset-based credit. Its Multi-Asset Investing segment is organized into four investment platforms: Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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See More
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- Deepening Partnership: This collaboration will leverage Broadcom's custom chips and networking solutions, aiming to provide over 20 gigawatts of computing capacity for leading AI labs by 2028, further solidifying Broadcom's market position in the AI sector.
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