Adani to invest $100 bn in AI data centres by 2035; Adani Enterprises shares rise 2.5%

Adani to invest $100 bn in AI data centres by 2035; Adani Enterprises shares rise 2.5%

• Adani to invest $100 billion in AI-ready data centres by 2035
• $250B AI infrastructure plan proposed for India
• Partnerships with Google, Microsoft, and Flipkart announced

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Adani Enterprises said on February 17 the conglomerate will invest $100 billion to build renewable energy-powered AI-ready data centres by 2035.

At 12:45 pm on February 17, Adani Enterprises shares were trading 2.6% higher at Rs 2,242 apiece. The stock was among the top gainers on the benchmark Nifty 50 index.

The investment is expected to spur an additional $150 billion in spending over the next decade across several related industries including sovereign cloud platforms and server manufacturing, the company said. Adani's investment will create a $250 billion AI infrastructure ecosystem in India over the decade, it added.

"The initiative will establish a long-term sovereign energy and compute platform designed to position India as a global leader in the emerging Intelligence Revolution. The investment is expected to catalyse by 2035 an additional $150 billion across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms and supporting industries. Together, this is projected to create a $250 billion AI infrastructure ecosystem in India over the decade," said Adani Enterprises in a statement.

"The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution," said Gautam Adani, Chairman of the Adani Group. "Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead. At Adani, we are building on our foundation in data centres and green energy to expand into the complete five-layer AI stack focused on India's technological sovereignty. India will not be a mere consumer in the AI age. We will be the creators, the builders and the exporters of intelligence and we are proud to be able to participate in that future."

In October, Google said it would invest $15 billion over five years to set up an AI data centre in Andhra Pradesh, its biggest investment in India.

The Google project could mean an investment of up to $5 billion for Adani Connex - a joint venture between Adani Enterprises and private data centre operator EdgeConneX.

This roadmap builds on Adani Connex's existing 2 GW national data centre, expanding toward a 5 GW target that positions India at the epicentre of the global AI economy. This vision is anchored by landmark partnerships with Google to establish the nation's largest gigawattscale AI data centre campus in Visakhapatnam, alongside additional campuses in Noida, and with Microsoft spanning Hyderabad and Pune.

The Adani Group also said it is in discussion with other major players seeking to establish large scale campuses across India thereby further cementing its position as India's premier AI infrastructure partner.

"In line with this vision, the Group will also deepen its data centre partnership with Flipkart, advancing the collaboration toward the development of a second AI data centre purpose built to support Flipkart's next-generation digital commerce, high-performance computing and large-scale AI workloads," said Adani Enterprises.

The 5 GW deployment will create the world’s largest integrated data centre platform, combining renewable power generation, transmission infrastructure and hyperscale AI compute within a single coordinated architecture. Unlike conventional data centre expansions, the program is designed as a unified energy-and-compute ecosystem, where generation, grid resilience and high-density processing capacity are developed in parallel, it said.