Company UpdatePress Release / Media Release
Adani Enterprises and Jabil sign non-binding MoU for 50:50 AI data-centre hardware JV in India
Key disclosures
- Non-binding MoU for a 50:50 data-centre hardware JV in India.
- JV to manufacture AI racks, servers, storage, networking, and related power and cooling equipment.
- Framework is subject to definitive agreements, approvals, and customary conditions.
- Estimated multi-gigawatt AI rack capacity to serve domestic and export demand.
- India's data-centre capacity projected 5-8 GW by 2030; global AI market >$3 trillion.
- Adani Group targets $100B commitment for 5 GW green hyperscale data centres by 2035.
- Jabil FY2026 revenue $36B; acquisitions of Hanley Energy and Mikros Technologies.