Adani Enterprises, Jabil Plan 50:50 AI Hardware JV

Adani Enterprises Limited

, and US-based manufacturing company Jabil Inc. have signed a non-binding Memorandum of Understanding (MoU) to establish a proposed 50:50 joint venture for manufacturing and assembling artificial intelligence (AI) and data centre equipment in India. The agreement, announced on October 13, 2026, aims to build a multi-gigawatt AI infrastructure manufacturing platform serving both Indian and global customers. What Will the Joint Venture Manufacture? The proposed venture will focus on critical hardware used in AI computing and data centres. - AI Racks: High-performance computing infrastructure for AI workloads. - Servers and Storage: Equipment required to process and store large volumes of data. - Networking Equipment: Hardware connecting servers and data centre systems. - Power Distribution Systems: Equipment to ensure reliable power supply. - Cooling Systems: Liquid-cooling solutions and related infrastructure. - Transformers: Equipment supporting data centre power requirements. The venture is also expected to provide installation and commissioning services. India's AI Infrastructure Opportunity: - India's data centre capacity is projected to reach 5–8 GW by 2030, driven by rising AI adoption, cloud computing and data localisation requirements. - The companies estimate the global AI computing infrastructure market opportunity at more than $3 trillion over the next seven years. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.