CPP Investments Commits US$ 710 million to CtrlS Datacenters to Expand India’s Digital Infrastructure
- IBEF
- June 18, 2026
Canada Pension Plan Investment Board (CPP Investments) has entered a strategic partnership with CtrlS Datacenters, committing up to Rs. 6,710.21 crore (US$ 710 million) to support the expansion of digital infrastructure in India. The investment reflects growing global investor confidence in India’s rapidly expanding data centre sector, driven by rising demand for cloud computing, hyperscale infrastructure and artificial intelligence (AI)-ready capacity. As part of the transaction, CPP Investments will invest Rs. 3,945.81 crore (US$ 448.52 million) to acquire an 8.2% stake in CtrlS Datacenters, valuing the company at approximately Rs. 44,325.19 crore (US$ 5.16 billion) on a pre-money basis. The partnership underscores the increasing importance of digital infrastructure in supporting India’s digital economy and accelerating technology-led growth.
In addition, CPP Investments and CtrlS will establish a joint venture to develop hyperscale data centre campuses across India. CPP Investments has committed up to Rs. 2,958.41 crore (US$ 313.11 million) to the venture and will hold a 48% stake, while CtrlS will retain 52% ownership. The investment is expected to strengthen India’s digital infrastructure ecosystem by supporting the growing requirements of cloud service providers, enterprises and AI-driven applications. Industry estimates indicate that India’s data centre capacity is expected to expand significantly over the coming years, supported by rapid digitalisation, increasing data consumption and the adoption of advanced technologies. The partnership further reinforces India’s position as an attractive destination for long-term global institutional capital and highlights the growing role of digital infrastructure in the country’s economic transformation.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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