Adani And Jabil Sign MoU For 50:50 JV To Build Multi-Gigawatt AI Infrastructure Manufacturing Hub In India

• The Memorandum of Understanding (MoU) sets out a proposed joint venture (JV) between Jabil and Adani for building a multi-gigawatt AI infrastructure platform in India — spanning AI racks, servers, networking, power and cooling systems.
• The proposed JV aims to serve India’s accelerating data center demand, with industry forecasts projecting capacity of 5–8 GW by 2030 and more than $50 billion in planned hyperscaler spending across data center, cloud and AI ecosystems.
• The companies estimate the global market opportunity at more than $3 trillion over the next seven years, as investment in AI compute infrastructure continues to surge.
• Once established, the JV would serve the world’s leading AI ecosystem players — from hyperscalers and neoclouds to data center operators and enterprises — with infrastructure Made-in-India for India and for the world.

Adani Enterprises Limited (AEL), the flagship company of the Adani Group, and Jabil Inc. (NYSE:JBL), a global engineering, supply chain and manufacturing company, have signed a non-binding Memorandum of Understanding (MoU) setting out the framework for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence (AI) and data center equipment in India.

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Mr. Gautam Adani, Chairman, Adani Group (left), and Mr. Mike Dastoor, CEO, Jabil (right). The companies have signed a non-binding MoU setting out the framework for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence and data center equipment in India.

The proposed joint venture remains subject to execution of definitive agreements and satisfaction of applicable approvals and customary conditions.

The MoU follows the June 2026 announcement of Adani Group and Jabil’s intent to establish a strategic alliance to develop an AI and data center infrastructure manufacturing ecosystem in India.