Bangladeshi-origin Australian billionaire Robin Khuda’s company AirTrunk will invest more than $30 billion in India’s data center projects by 2030. The announcement followed Khuda’s meeting with Indian Prime Minister Narendra Modi and other government officials. According to a statement released on Friday, AirTrunk plans to build around five gigawatts of data center capacity across India.

Prime Minister Modi said on social media that such investments would strengthen India’s position as a global hub for cloud computing and artificial intelligence, while creating jobs, supporting local supply chains, and accelerating innovation-driven growth. The largest project under this plan will be developed in the western state of Maharashtra.

Earlier this week, Maharashtra Chief Minister Devendra Fadnavis announced that AirTrunk would invest about two trillion rupees to build a three-gigawatt data center hub in the state. AirTrunk is expanding its operations across the Asia-Pacific region, including Australia, Hong Kong, India, Japan, Malaysia, and Singapore.