Adani Enterprises and US-based Jabil have signed a Memorandum of Understanding to establish a proposed 50:50 joint venture for manufacturing and assembling artificial intelligence and data-centre equipment in India, creating a new industrial platform for the country’s expanding digital infrastructure sector.
The proposed venture will produce AI racks, servers, storage and networking equipment used in data centres that support high-performance computing, artificial intelligence applications and other digital services. It will also manufacture equipment needed to power and cool these systems, including power distribution units, liquid-cooling systems and transformers.
According to Adani Enterprises, the joint venture is expected to develop multi-gigawatt AI rack manufacturing capacity. The systems produced would support computing infrastructure with a combined power capacity of several gigawatts. The venture would also offer installation and commissioning services for customers in India and international markets.
The agreement follows an announcement in June 2026 that Adani Group and Jabil intended to work together on an AI and data-centre infrastructure manufacturing ecosystem. The latest MoU sets out the framework for the proposed partnership, but the venture has not yet been formally established.
Adani Enterprises said the joint venture remains subject to the execution of definitive agreements, applicable approvals and the satisfaction of customary conditions. The company did not disclose the proposed investment, manufacturing locations, project timeline or the number of facilities that may be developed under the arrangement.
The partnership brings together Adani’s infrastructure and energy interests with Jabil’s engineering and manufacturing capabilities. Jabil, a US multinational manufacturing company, is seeking to expand its engineering and manufacturing footprint in India’s data-centre market.
“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,” Adani Group chairman Gautam Adani said in a statement cited by Economic Times.
Jabil chief executive officer Mike Dastoor said the MoU was the next step in efforts to establish a scaled AI-infrastructure manufacturing platform in India. He said Jabil would bring its rack-level data-centre solutions to more hyperscale customers in India and international markets.
The proposed manufacturing activity is significant because data centres require more than computing chips and software. Their operation depends on integrated systems for power distribution, thermal management, storage, networking and equipment deployment. The planned product range covers several of these physical components, although the companies have not released detailed production, procurement or capacity schedules.
Adani Group has committed $100 billion to develop 5 gigawatts of green-energy-powered, hyperscale, AI-ready data centres by 2035. The companies have not stated how much of the proposed joint venture’s output would be used for Adani’s own facilities or sold to other data-centre operators.
Adani Enterprises shares closed at Rs 2,694 on the BSE on Tuesday, after rising Rs 63 during the session, according to the report. The next formal milestone for the proposed partnership will be the execution of definitive agreements and completion of the required approvals.
