Submission Details
Submitted to: BSE Limited and National Stock Exchange of India Limited
Alliance Details
Parties Involved: Adani Enterprises Limited (India) and Jabil Inc. (USA)
Announcement Date: June 15, 2026
Current Status: Intent to form alliance - definitive operational frameworks and formal documentation are being worked on
Core Pillars of Manufacturing Platform
- Giga-Scale AI Rack Architecture: Plans to deploy multi-GW of high-density AI Rack manufacturing capacity in India for global hyperscalers, co-location facilities, and enterprise data centers
- Manufacturing Scope: Next-generation liquid-cooled AI racks, servers, storage, and networking systems using state-of-the-art SMT and complex box-build processes
- 360-Degree Ecosystem: Full-spectrum white space and grey space device manufacturing including Power Distribution Units (PDUs), Coolant Distribution Units (CDUs), Transformers, Switchgears, Bus Bars, and advanced thermal management systems
- Value Proposition: End-to-end, design-to-deployment hardware ecosystem providing highly integrated single-source solution
Market Context and Strategic Rationale
Global Market Opportunity: Exceeding USD 3 trillion over the next seven years driven by structural investments in AI compute
India Market Projections:
- Data center capacity projected to reach 5-8 GW by 2030
- Fueled by AI demand, cloud expansion, and data localization requirements
- Global hyperscalers planning more than USD 50 billion in spending across data center, cloud, and AI ecosystems in India
Regulatory Drivers:
- Digital Personal Data Protection Act driving demand for domestically manufactured hardware
- Union Budget 2026's tax holiday for data centers until 2047 enhancing export competitiveness
Adani Group Context
This alliance aligns with Adani Group's USD 100 billion commitment to develop 5 GW of green-energy-powered, hyperscale AI-ready data centers by 2035. The initiative complements established collaborations with global technology leaders.
Jabil Inc. Context
Jabil recorded USD 29.8 billion in revenue for fiscal year 2025. The company brings:
- Six decades of advanced engineering and manufacturing expertise
- Proven hyperscale data center solutions
- Recent strategic U.S. infrastructure expansions
- Acquisitions of Hanley Energy Group and Mikros Technologies
- Comprehensive power management and precision thermal solutions capabilities
Expected Impacts
- Strengthen global supply chain resilience
- Generate thousands of highly skilled engineering jobs
- Establish sovereign-aligned technology ecosystem
- Transition India from importer to global manufacturer and exporter of AI hardware
Leadership Commentary
Mr. Gautam Adani, Chairman, Adani Group: "Our alliance with Jabil represents a decisive step in building India's complete AI infrastructure stack — from green power generation to world-class hardware manufacturing. Together, we will ensure India is not merely a consumer in the AI age, but a creator, builder, and exporter of intelligence."
Mr. Mike Dastoor, CEO, Jabil: "By combining Jabil's more than sixty years of engineering expertise and advanced manufacturing capabilities with Adani's formidable infrastructure and energy platform, we can expect to execute down to the rack level for hyperscalers and enterprises here in India and across the globe."
Forward-Looking Statements
The release contains forward-looking statements regarding the potential strategic collaboration. Outcomes may differ materially due to factors including: inability to satisfactorily negotiate and execute binding agreement; unexpected costs or liabilities; changes in economic, market, political or social conditions; and future regulatory or legislative actions.