Adani Enterprises, Jabil Sign MoU To Set Up AI-Focused Joint Venture

What happened

Adani Enterprises and Jabil Inc have signed a non-binding MoU to establish a 50:50 joint venture for manufacturing and assembling AI and data centre equipment in India. The initiative aims to produce AI racks, servers, storage, networking equipment, and power and cooling systems to cater to India’s rapidly growing data centre capacity, targeting both the domestic market and international exports.

Why it matters

The partnership addresses the growing demand for AI infrastructure in India, supported by data localisation laws and tax incentives. It positions Adani and Jabil to capitalize on the projected 5-8 GW data centre capacity by 2030, which is driven by AI and cloud expansion.

• Adani and Jabil's joint venture aims to manufacture AI and data centre equipment in India, targeting both domestic and international markets.
• The initiative leverages India's projected data centre capacity growth and supportive policies.
• The partnership aligns with Adani's $100 Bn investment in renewable-energy-powered AI data centres by 2035.

The bigger picture

The joint venture could significantly contribute to India's AI infrastructure development, supporting both domestic and international markets. It aligns with broader industry trends of shifting technology supply chains towards domestic manufacturing, driven by data sovereignty and regulatory requirements.

Adani Enterprises and Jabil Inc have formed a joint venture to manufacture AI and data centre equipment in India, aiming to meet the growing demand for AI infrastructure and capitalize on the country's projected data centre capacity growth.

Technical details

• AI racks
• servers
• storage
• networking equipment
• power and cooling systems
• liquid-cooled AI racks
• power distribution units
• coolant distribution units
• transformers
• switchgears

FAQ