Adani Enterprises, Jabil Sign MoU for 50:50 Data Centre Hardware Joint Venture
· Business · Economic Times, NDTV
Adani Enterprises and Jabil have signed a memorandum of understanding to form a 50:50 joint venture focused on AI and data centre hardware. The venture will design and manufacture hardware for data centres, with a specific emphasis on AI-related infrastructure. The partnership combines Adani Enterprises' industrial and energy capabilities with Jabil's expertise in electronics manufacturing and supply chain solutions. The joint venture aims to meet growing global demand for data centre hardware driven by AI adoption.
Why it matters
The venture positions Adani Enterprises to expand into high-growth technology manufacturing, potentially creating new revenue streams beyond its traditional energy and resources businesses. It also supports India's push to develop domestic capabilities in critical technology sectors like AI hardware and data centres.
Read the original report — Economic Times
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