Adani, Jabil form India AI hardware JV
India’s Adani Enterprises Limited and Apple supplier Jabil signed a memorandum of understanding (MoU) to form a 50:50 joint venture, tasked with manufacturing AI and data centre equipment in the country.
The JV is the next step on from a deal struck by the duo in June 2026 to form a strategic alliance to develop an AI and data centre infrastructure manufacturing ecosystem.
Once established, the pair stated the venture will supply hyperscalers, neoclouds, data centre operators and enterprises, serving accelerating data centre demand.
The companies cited industry forecasts which project India’s AI capacity will reach between 5 gigawatts to 8 gigawatts by 2030 and more than $50 billion in planned hyperscale spending across data centre, cloud and AI ecosystems.
In total, the pair peg the global market opportunity at more than $3 trillion over the next seven years, driven by investment in AI computing.
The duo will look to cash in on this demand by providing a manufacturing base in the country to serve domestic demand and support exports.
Adani Group, which runs the enterprise division, has made a $100 billion commitment to develop 5 gigawatts of green-energy powered, hyperscale AI-ready data centres by 2035, and the proposed venture adds hardware manufacturing to the group’s presence across infrastructure, energy and logistics.
Jabil makes components for Apple and will use the JV to expand its engineering footprint across India. It reported revenue of $36 billion in fiscal 2026.
Gautam Adani, chairman of Adani Group, said “the AI revolution will demand far more than just breakthroughs in algoritms” and the proposed JV would “help build the physical backbone of the global AI economy”.
The post Adani, Jabil form India AI hardware JV appeared first on Mobile World Live.