India

AirTrunk, a Blackstone-backed data center operator, plans to invest $30 billion in India by 2030, developing 5 gigawatts of new data center capacity. This commitment underlines India's growing appeal as a destination for AI infrastructure.

Apple has agreed to submit the financials of its India business to the country's antitrust body as part of an investigation over alleged market abuses, according to Reuters. The investigation was launched in May.

Coinbase is launching direct INR deposit and withdrawal rails via IMPS starting June 1, reducing friction and scam risk for Indian users. The move enables seamless bank-to-crypto transfers on a regulated platform.

Swiggy CEO Sriharsha Majety stated that his company will stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts in India. Swiggy plans to focus on profitability instead.

The share of entry-level hiring in India's tech sector fell to ~15% in 2025 from 28% in 2024 as companies shifted focus to AI and automation roles, according to ETtech. Emerging technology roles now account for nearly 52% of hiring demand and are expected to reach 60% by 2026.