Adani Enterprises, Jabil plan 50:50 AI hardware venture in India
What Happened
Adani Enterprises and US-based Jabil have signed a non-binding MoU for a proposed 50:50 joint venture to manufacture and assemble AI and data-centre equipment in India. The proposed platform would make AI racks, servers, storage and networking equipment, along with power distribution, liquid-cooling systems and transformers.
Key Takeaways
The companies envision a multi-gigawatt manufacturing platform serving Indian and global customers, including hyperscalers and data-centre operators. The venture is still subject to definitive agreements, applicable approvals and customary conditions.