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Canada Pension Plan Investments is teaming up with Indian data center giant CtrlS in a major joint venture to turbocharge AI-ready infrastructure across India. With CPP Investments owning 48% and CtrlS holding 52%, the partnership aims to expand CtrlS’s existing 15+ data centers to meet surging demand from cloud, enterprise, and especially AI workloads. India’s booming tech scene, backed by global investors and government initiatives, is positioning the country as a key global AI hub — a move that also creates jobs and deepens digital infrastructure. But rapid growth comes with challenges, including strain on electricity and water resources. This isn’t an isolated play — Blackstone-backed AirTrunk and Meta are also pouring billions into India’s data center future, signaling a massive global bet on the subcontinent’s digital rise.

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