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This capital injection highlights India's emerging status as a critical node for global AI infrastructure, driven by surging demand from major cloud providers. The partnership underscores the strategic shift toward building hyperscale capacity specifically to support future AI workloads in high-growth digital markets.
Canadian pension giant joins race to fund India’s AI-fueled data center boom

The Canadian pension giant will acquire an 8.2% stake in CtrlS, a tech giant that operates more than 15 data centers across India.
As global investors race to fund the infrastructure underpinning the artificial-intelligence boom, Canada Pension Plan Investment Board’s CPP Investments has committed up to ₹70 billion (about $741 million) to Indian data center operator CtrlS, betting on India’s growing role in the global buildout of cloud and AI infrastructure. Under the partnership announced on Wednesday, CPP Investments will invest ₹40 billion (around $423 million)…
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