Summary:
Adani Enterprises and Jabil have signed a non-binding MoU to explore a 50:50 joint venture in India for manufacturing and assembling AI and data centre equipment, building on their strategic alliance announced in June 2026. The proposed venture will produce AI racks, servers, storage and networking systems, power distribution units, liquid-cooling solutions and transformers, while also providing installation and commissioning services. The companies aim to establish multi-gigawatt AI rack manufacturing capacity to meet growing demand for high-performance computing infrastructure in India and international markets, subject to final agreements and regulatory approvals.
Adani Enterprises Limited (AEL) and Jabil Inc. have entered into a non-binding memorandum of understanding (MoU) to explore the formation of a 50:50 joint venture (JV) in India for the manufacture and assembly of artificial intelligence (AI) and data centre equipment. The proposed partnership follows the strategic alliance announced by the two companies in June 2026 and is subject to the execution of definitive agreements and receipt of regulatory approvals.
The planned joint venture will manufacture and assemble various products, including AI racks, servers, storage systems, networking equipment, power distribution units, liquid-cooling solutions and transformers. It will also provide installation and commissioning services to support data centre deployments.
The partners intend to establish multi-gigawatt manufacturing capacity for AI racks to meet rising demand for high-performance computing infrastructure. The proposed facility is expected to cater to both the Indian domestic market and international export requirements.
