Adani Enterprises, Jabil sign MoU for 50:50 data centre hardware JV
ADANIENT · price
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Adani Enterprises and Jabil have signed a non-binding MoU to set up a 50:50 joint venture to manufacture AI racks, servers, networking, power and cooling equipment for data centres in India. The JV targets multi-gigawatt capacity, aligned with India's projected 5-8 GW data centre need by 2030. The firms see a $3 trillion global market opportunity over seven years. The MoU follows a June 2026 intent announcement; definitive agreements and regulatory approvals are still required.
Strategic move into AI hardware manufacturing, diversifying beyond core infrastructure. Positive long-term signal, but MoU is non-binding and subject to approvals.