Adani Enterprises and US-based manufacturing company Jabil have signed a non-binding agreement to establish a 50:50 joint venture (JV) for manufacturing artificial intelligence and data centre equipment in India. The proposed partnership aims to meet rising demand for computing infrastructure in India and global markets.
The venture is expected to manufacture and assemble AI racks, servers, storage and networking equipment. Its product portfolio will also include power distribution systems, liquid-cooling equipment and transformers. The proposed platform will have multi-gigawatt manufacturing capacity and serve hyperscalers, neocloud providers, data centre operators and enterprises.
The agreement remains subject to definitive contracts, regulatory approvals and customary conditions. It follows the companies’ announcement in June about their plans to develop an AI and data centre hardware manufacturing ecosystem in India.
According to the companies, India’s data centre capacity is projected to reach 5–8 gigawatts by 2030, driven by cloud computing, AI adoption and data-localisation requirements. Planned hyperscaler spending across data centres, cloud and AI ecosystems is expected to exceed $50 billion. The companies also estimate that the global AI computing infrastructure market could present an opportunity worth more than $3 trillion over the next 7 years.
The proposed venture would expand Adani’s presence beyond energy supply and data centre development into manufacturing the hardware that supports AI computing. The group has committed $100 billion towards developing 5 GW of green-energy-powered, AI-ready data centres by 2035.
For Jabil, which reported revenue of $36 billion in fiscal 2026, the partnership would strengthen its presence in India’s data centre market. The collaboration combines Jabil’s engineering and manufacturing expertise with Adani’s energy, infrastructure and data centre capabilities.
Gautam Adani, Chairman of the Adani Group, said, “The AI revolution will demand far more than just breakthroughs in algorithms. It will require an entire new industrial architecture where energy, hyperscale infrastructure, advanced computing and precision manufacturing converge to power the intelligence economy”.
He added, “At Adani, our vision is to expand up the AI value chain, evolving from powering and hosting AI infrastructure to engineering and manufacturing the critical systems that will define the next generation of computing. Our proposed joint venture with Jabil marks a strategic step towards this future, combining Jabil’s world-class engineering and manufacturing capabilities with Adani’s integrated strengths in energy, infrastructure and data centres to help build the physical backbone of the global AI economy”.
Mike Dastoor, Chief Executive Officer of Jabil, said, “The signing of this MoU is the next step forward in our shared efforts to establish a scaled AI infrastructure manufacturing platform in India, a market we believe will become increasingly important for both domestic and global AI infrastructure demand”.
He added, “Integrating Jabil’s 60 years of engineering and manufacturing expertise with Adani’s significant infrastructure and energy capabilities, we can bring our rack-level data centre solutions to more hyperscalers in India and around the world. We look forward to building on the work we started together in June.”
The proposed venture will also provide installation and commissioning services for its infrastructure systems. The companies said the partnership aligns with India’s efforts to strengthen domestic digital infrastructure and establish the country as a manufacturing hub for global AI demand.
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