Adani Enterprises and Jabil Form 50:50 Joint Venture for AI and Data Centre Hardware in India
Adani Enterprises Limited (NSE:ADANIENT) and Jabil Inc. (NYSE:JBL) have signed a non-binding memorandum of understanding to establish a 50:50 joint venture aimed at manufacturing and assembling artificial intelligence and data centre hardware in India. The planned platform will produce AI racks, servers, storage, networking tools, power systems, liquid-cooling solutions, and transformers, while also delivering installation and commissioning services. Shares of Adani Enterprises Limited rose 2.47% to 2695 INR, while Jabil Inc. gained 1.87% to 312 USD following the announcement.
The partnership combines Jabil's technical manufacturing expertise with Adani's domestic energy and infrastructure assets to address expanding computing requirements. By building a multi-gigawatt production facility, the venture intends to serve hyperscalers, neocloud providers, data centre operators, and commercial enterprises across both Indian and international markets. For Jabil, which generated $36 billion in fiscal 2026 revenue, the agreement expands its footprint in India's growing infrastructure sector.
Investors should monitor progress on finalizing the binding agreement, securing regulatory approvals, and establishing the timeline for facility construction. Future updates on commercial orders from major cloud and enterprise customers will also offer insight into the venture's market traction.
Key points
- Adani Enterprises Limited and Jabil Inc. signed a non-binding MoU to set up a 50:50 joint venture in India.
- The venture will manufacture AI racks, servers, storage, networking, power distribution, and liquid-cooling hardware.
- The multi-gigawatt facility aims to supply hyperscalers, neocloud providers, data centres, and global enterprises.
- Jabil Inc. reported $36 billion in fiscal 2026 revenue as it deepens its exposure to India's hardware market.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
What is the joint venture between Adani Enterprises and Jabil?
Adani Enterprises and Jabil signed a non-binding MoU to create a 50:50 joint venture that will manufacture and assemble AI and data centre hardware in India.
What products will the Adani-Jabil joint venture manufacture?
The proposed multi-gigawatt facility will produce AI racks, servers, storage, networking equipment, power distribution systems, liquid-cooling solutions, and transformers.
Who are the target customers for this partnership?
The joint venture aims to serve hyperscalers, neocloud providers, data centre operators, and enterprise customers in domestic and export markets.