Adani Enterprises, Jabil sign MoU for 50:50 India AI data center hardware joint venture
JBL•Jabil and Adani Enterprises signed a non-binding MoU for a proposed 50:50 joint venture to make AI and data-center hardware in India, targeting multi-gigawatt AI rack manufacturing.
1. Proposed hardware venture
The planned venture would make AI racks, servers, storage, networking gear, power distribution equipment, liquid-cooling systems and transformers. It aims to serve demand in India and support exports.
2. Capacity and conditions
The partners are targeting multi-gigawatt AI rack manufacturing, supporting computing systems with combined power capacity of several gigawatts. The global market opportunity is estimated at above $3 trillion over seven years. The transaction remains subject to definitive agreements, regulatory approvals and customary closing conditions.
