Adani Group pledges $100 billion to build AI data centers as India pushes for global AI leadership

Adani pledges $100B to build AI data centers as India seeks bigger role in the global AI race | TechCrunch

Indian conglomerate Adani Group said on Monday it would invest $100 billion over the next decade to build data centers specialized for AI across the country, a move that underscores India's ambition to play a larger role in the global AI race. The investment, which will run through 2035, is aimed at building renewable-energy-powered data centers designed to support AI workloads, the company said. It expects the plan to catalyze an additional $150 billion in related investments and result in a $250 billion AI infrastructure ecosystem in India over the decade. Adani is making this commitment against a backdrop of skyrocketing investments in AI infrastructure as companies increasingly look beyond the U.S. for computing power, energy and friendly regulation. India, with its expanding digital economy and growing renewable-energy capacity, has emerged as a major destination for data centers and AI-related infrastructure over the past couple of years. The announcement coincides with India's ongoing AI Impact Summit in New Delhi this week, where leaders from some of the world's top AI companies, including OpenAI, Nvidia, Anthropic, Microsoft and Google, are meeting policymakers and industry executives. Adani Group chairman Gautam Adani (pictured above) described the plan as a long-term bet on the convergence of energy and computing. "India will not be a mere consumer in the AI age," he said, adding that the group aims to help build a domestic AI infrastructure base. The plan is to build atop Adani's own existing data-center platform and its partnerships with companies like Google and Microsoft. The conglomerate is developing large-scale AI data-center campuses in Visakhapatnam and Noida, and has plans for more facilities in Hyderabad and Pune. An expanded partnership with Walmart-owned Flipkart will focus on another AI data center. Adani said the broader plan calls for deploying up to 5 gigawatts of data-center capacity. The company said the facilities will be developed as a unified system that would scale power generation and processing capacity in parallel. The effort builds on AdaniConneX, a joint venture between Adani Enterprises and U.S.-based EdgeConneX, a developer and operator of data centers for hyperscale and enterprise customers. The JV, Adani said, has already developed about 2 gigawatts of data-center capacity across India. Central to the strategy is Adani's renewable-energy portfolio, which the group said will supply carbon-neutral power to the data centers. The company pointed to its 30-gigawatt Khavda renewable project in western India -- more than 10 gigawatts of which is already operational -- and said it plans to invest an additional $55 billion to expand renewable generation and battery energy storage over the coming years. To reduce exposure to global supply-chain disruptions, Adani said it plans to co-invest in domestic manufacturing of critical components, such as transformers, power electronics and thermal management systems. Adani did not respond to questions about how much of the $100 billion investment is already committed capital, how the spending will be phased over the coming years, and when the first large-scale AI workloads are expected to become operational.

Adani Plans to Invest $100 Billion in AI Data Centers by 2035

Adani Group plans to invest $100 billion by 2035 to develop green-powered, AI-ready data centers as billionaire Gautam Adani seeks to capitalize on India's emergence as a hub for artificial intelligence and cloud computing. The investment will likely "catalyse" an additional $150 billion investment across server manufacturing, advanced electrical infrastructure and related sectors over the next decade, flagship Adani Enterprises Ltd. said in a filing Tuesday. The company's shares advanced as much as 2.4% after the announcement. "The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution," Chairman Adani said in a statement. The announcement mirrors the global trend where governments and large corporations are spending trillions in an unprecedented AI hardware arms race. India is also currently hosting the AI Impact Summit, a gathering that has drawn the industry's most influential figures, including Alphabet's Sundar Pichai and OpenAI Inc.'s Sam Altman. Anthropic PBC has partnered Indian technology firm Infosys Ltd. to develop advanced artificial intelligence solutions for companies across sectors including telecommunications and financial services. The partners will develop custom AI agents tailored for specific industries and business functions, Infosys said in a statement Bloomberg Terminalto exchanges. Anthropic will combine its Claude models, including Claude Code, with Infosys' Topaz AI products to help companies automate complex work flows and speed up software delivery. Infosys shares gained 4.8% on Tuesday, the most in two weeks, while the benchmark NSE Nifty index rose 0.3%. The partnership underscores the intensifying race among global AI developers to secure enterprise customers as companies demand industry-specific automation tools. Earlier, Anthropic said it is embedding its marquee AI coding agent within prominent Indian firms including flag carrier Air India and outsourcing giant Cognizant Technology Solutions Corp. India kicked off one of the world's largest artificial intelligence summits this week as Prime Minister Narendra Modi seeks to make the country an AI hub amid intense competition to develop frontier models. Read more on AI The Infosys collaboration will start with telecommunications with a dedicated Anthropic center for building AI agents for industry-specific operations. The partnership will then expand to other industries, including financial services, manufacturing and software development. "From modernizing financial services with intelligent risk management and compliance, to enabling engineering businesses to lead with AI-driven design and manufacturing, the goal is to leverage the joint expertise of Infosys and Anthropic to accelerate AI value realization for global enterprises," Infosys Chief Executive Officer Salil Parekh said.

India's Adani to invest $100 billion in AI data centers over the next decade

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. India's Adani on Tuesday announced plans to invest $100 billion to develop renewable energy-powered AI-ready data centers by 2035, seeking to establish the world's largest integrated data center platform. The blockbuster investment, which comes as India pushes to gain a stronger foothold in the global AI race, is expected to create a $250 billion AI infrastructure ecosystem in India over the next decade, Adani said. "The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution," Gautam Adani, chairman of Adani Group, said in a statement. "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," he added. Shares of Adani Enterprises, the flagship company of Adani Group, rose 2.5% on the news, making it one of the top gainers on the benchmark Nifty 50 stock index. Shares of Adani Green Energy were last seen up 1.8%.

Adani Group Plans to Set Up Hyperscale AI-Ready Data Centres by 2035

Adani cited partnerships with Google, Microsoft, and Flipkart for project Adani Group has announced a major investment plan in AI-ready data centre infrastructure on the second day of the India AI Impact Summit 2026, which began on February 16 and will run until February 20. The company said it will invest $100 billion (roughly Rs. 9,07,300 crore) to develop renewable energy-powered hyperscale data centres by 2035. The project will roll out over the next decade, with the company positioning the investment as part of India's broader push to build domestic AI infrastructure. Adani Group Partners Google, Microsoft, Flipkart for Next-Gen AI Data Centre Projects The company confirmed the plan in a press release issued on Monday, stating that the investment will expand its data centre capacity and create what it described as a sovereign energy and compute platform for India. The group said the programme could also drive an additional $150 billion (roughly Rs. 13,61,100 crore) in related investments across server manufacturing, electrical infrastructure, sovereign cloud platforms, and supporting industries by 2035. AdaniConneX's existing 2GW national data centre platform will also be expanded to 5GW over the next decade. The company said it is working with Google to develop a large AI data centre campus in Visakhapatnam and additional facilities in Noida. The firm also referenced partnerships with Microsoft for data centre projects in Hyderabad and Pune. The company's partnership with Flipkart will also be expanded to develop a second high-performance AI data centre to support digital commerce and large-scale computing needs. The company said the data centre expansion will integrate renewable power generation, transmission infrastructure, and AI compute capacity within a single system. It added that the facilities will support high-density compute clusters and next-generation AI workloads, using advanced cooling and high-efficiency power systems. The firm also said it will reserve part of the computing capacity for Indian AI startups, research institutions, and deep-tech companies. The company also claimed it will support Indian large language models and national data initiatives as part of its broader AI infrastructure plans. Further, the company has linked its data centre strategy to its renewable energy portfolio, including Adani Green Energy's Khavda project, which it said has a planned capacity of 30GW, with more than 10GW already operational. The firm also said it will invest another $55 billion (roughly Rs. 4,99,000 crore) to expand renewable generation and battery energy storage systems. The Adani Group said it will co-invest in domestic manufacturing partnerships for critical infrastructure such as transformers, power electronics, grid systems, inverters, and thermal management solutions to reduce supply chain risks. The group also said it plans to work with academic institutions to develop specialised AI infrastructure engineering programmes, applied research labs focused on energy and logistics, and a national fellowship initiative to address talent needs.

'India will not follow the AI century, India will shape it,' says Gautam Adani after investing $100 billion in AI-ready data centres by 2035

Adani Group will invest $100 billion to build AI-ready data centers powered by renewable energy by 2035. This initiative aims to create a $250 billion AI ecosystem in India. The company plans to expand its data center infrastructure and partner with global tech firms. New Delhi: Gautam Adani, Chairman, AdGroup has signaled a massive shift in India's technological role with a commitment to invest $100 billion in AI-ready data centers by 2035. In a post on Twitter, he said, Renewable energy. Grid resilience. Hyperscale AI. A $250B intelligence ecosystem in motion. India will not follow the AI century. India will shape it. The Adani Group on Tuesday announced plans to invest $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035, marking one of the world's largest integrated energy and compute commitments. In an official statement, the company said 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 will focus on building hyperscale data centre infrastructure powered by renewable energy to support artificial intelligence (AI) workloads and national digital infrastructure. It stated "The Adani Group today announced one of the world's largest integrated energy-compute commitments, a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035". The company stated that the $100 billion investment is expected to catalyse an additional $150 billion across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms, and supporting industries by 2035. Together, this is projected to create a $250 billion AI infrastructure ecosystem in India over the decade. Adani Group Chairman Gautam Adani said, "The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution. 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." The company said the roadmap builds on AdaniConnex's existing 2 GW national data centre infrastructure and aims to expand toward a 5 GW target. The expansion includes partnerships with global technology companies, including Google, to establish the nation's largest gigawatt-scale AI data centre campus in Visakhapatnam, along with additional campuses in Noida, and collaborations with Microsoft spanning Hyderabad and Pune. The Group is also in discussions with other global players to establish large-scale campuses across India. The company will also deepen its partnership with Flipkart by developing a second AI data centre designed to support next-generation digital commerce, high-performance computing, and large-scale AI workloads. The planned 5 GW deployment is expected to create the world's largest integrated data centre platform, combining renewable power generation, transmission infrastructure, and hyperscale AI computing in a unified system. These facilities will be optimised for high-density AI computing and next-generation workloads, supported by advanced cooling systems and efficient power infrastructure. Dedicated compute capacity will also support Indian Large Language Models and national data initiatives. The Adani Group said its renewable energy strategy will support this expansion. The company highlighted Adani Green Energy's 30 GW Khavda project, with over 10 GW already operational. Additionally, the Group has committed another $55 billion to expand its renewable energy portfolio, including large battery energy storage systems. The company also plans to invest in domestic manufacturing of critical infrastructure components such as transformers, power electronics, grid systems, and thermal management solutions to strengthen India's supply chains and reduce dependence on global sources. The Adani Group said the initiative aligns with national priorities and aims to strengthen India's digital infrastructure. The platform will support AI startups, research institutions, and innovation ecosystems by providing access to high-performance computing resources. In line with India's five-layer AI architecture (Applications, Models, Chips, Energy and Data Centres), the Group will actively participate in partnerships across the full stack. Working with leading academic institutions, the Adani Group will establish specialised AI Infrastructure Engineering curricula, applied AI research labs focused on energy and logistics and a national fellowship program to address the growing skills gap. This long-term investment by Adani group will establish one of the world's largest integrated renewable energy and AI infrastructure platforms which will help in positioning India as a major global hub for AI and digital infrastructure development. (You can now subscribe to our Economic Times WhatsApp channel)

India's Adani Group To Invest $100 Billion In AI Data Centers Amid Strategic Partnership With Google, Microsoft - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

India's Adani Group said on Tuesday it will invest $100 billion in the development of renewable energy-powered, AI-ready data centers by 2035. Adani's $250 Billion AI Data Center Vision The investment is part of a broader plan to build the world's largest integrated data center platform. Chairman Gautam Adani estimated the investment to generate an additional $150 billion by 2035 across server manufacturing, advanced infrastructure, cloud platforms, and related industries, creating a $250 billion AI infrastructure ecosystem in India over the decade. The announcement was made during India's AI Impact Summit, a five-day event that started on Monday in New Delhi and features global leaders and technology executives such as OpenAI CEO Sam Altman and Alphabet CEO Sundar Pichai. India Becomes Hotspot for AI Investment Notably, in July 2025, Google announced plans for a $6 billion data center in India, its largest in Asia. Not just the Mag 7 companies, but start-ups like OpenAI and Anthropic are banking on India. Altman sees India as a potential "full-stack AI leader" and is strengthening the company's presence and government connections there. Meanwhile, Anthropic CEO Dario Amodei said that its India revenue run-rate doubled over the past four months, as the AI start-up opened its first India office in Bengaluru. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Adani stocks rise up to 3% after group announces $100 billion AI-energy investment plan

Adani Group stocks rose sharply after the conglomerate announced a $100 billion plan to build renewable-powered, AI-ready data centres by 2035. The initiative includes a 5 GW data centre platform and ties with global tech giants, positioning India as a major AI infrastructure hub. Shares of Adani Group companies advanced on Tuesday after the conglomerate unveiled a $100 billion investment plan to build renewable energy-powered, AI-ready data centres by 2035, marking one of the largest integrated energy and compute commitments globally. Adani Energy Solutions led the gains, rising around 3%, while Adani Enterprises and Adani Ports climbed about 2% each. Adani Green Energy also added roughly 2%, and Adani Power was up 1% in early trade. The rally followed the group's announcement of a long-term plan to create a 5-gigawatt integrated data centre platform powered by renewable energy, positioning India as a key hub in the global AI infrastructure build-out. Adani Group said it would invest $100 billion directly over the next decade to develop hyperscale, AI-ready data centres backed by green power. The initiative is expected to catalyse an additional $150 billion in investments across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms and related industries, creating a projected $250 billion AI ecosystem in India by 2035. Chairman Gautam Adani described the plan as a response to what he called an "Intelligence Revolution," arguing that countries able to combine energy security with computing power will define the next decade. He said India should aim to be a creator and exporter of intelligence rather than just a consumer. The roadmap builds on AdaniConnex's existing 2 GW data centre capacity and aims to scale it to 5 GW. The group has already tied up with Google to set up a gigawatt-scale AI data centre campus in Visakhapatnam and additional campuses in Noida. Also read: Infosys, Tata Steel among 11 stocks with EPS CAGR potential of up to 106% It is also working with Microsoft on facilities in Hyderabad and Pune and is in discussions with other global technology players. The announcement also includes an expanded partnership with Flipkart to develop a second AI-focused data centre to support high-performance computing and large-scale AI workloads. From a market perspective, the biggest beneficiaries of the announcement are likely to be Adani Green and Adani Energy Solutions, given the heavy focus on renewable energy and transmission infrastructure. The 5 GW data centre plan is closely linked to Adani Green's 30 GW Khavda renewable energy project, of which over 10 GW is already operational. The group has also committed an additional $55 billion to expand its renewable portfolio, including large battery energy storage systems. Also read: Mutual funds slash stakes in 9 of 10 IT stocks but Rs 4 lakh crore still at play The group said the data centres will be designed as a unified energy-and-compute ecosystem, where renewable generation, transmission and high-density processing capacity are developed together rather than as separate projects. Facilities will be optimised for large AI workloads and advanced cooling systems, with dedicated capacity to support Indian large language models and national data initiatives. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

India's Adani plans to invest $100B in AI-ready data centers

Join the community built by investors, for investors. Create your free account >> India's Adani Group committed to invest $100B to develop renewable-energy-powered hyperscale AI-ready data centers by 2035. The move is aimed at establishing a long-term sovereign energy and compute platform designed to position India as a leader in the emerging intelligence The investment aims to establish India as a global leader in AI-ready data centers and could spur $150B in additional spending across related industries, driving significant growth in India's AI and data infrastructure ecosystem. The initiative builds on partnerships with Google (Visakhapatnam campus), EdgeConneX (AdaniConneX JV), Microsoft (Hyderabad, Pune), and Walmart-owned Flipkart (AI data center for digital commerce), with more discussions ongoing with other major players. A significant portion of GPU capacity will be reserved for Indian AI startups, research institutions, and deep-tech entrepreneurs, encouraging innovation in India's AI sector.

Adani to invest $100 billion in AI data centres by 2035 - The Economic Times

The Adani Group announced on Tuesday that it will invest $100 billion to build data centers for artificial intelligence (AI) in India by 2035. These data centers will be powered by renewable energy. The company said in a statement this investment aims to make India a leader in AI by creating the necessary energy and computing platforms. This initial investment is expected to lead to an additional $150 billion in related industries by 2035, including server manufacturing, electrical systems, and cloud platforms. This will create $250 billion worth of AI infrastructure in India over the next decade, the company stated. Gautam Adani, chairman of the Adani Group, said that countries that control both energy and computing power will lead in the future. "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," he said in a prepared statement. This builds on AdaniConnex's existing 2 GW data center network, with a goal to reach 5 GW. Adani is working with Google to build a large AI data center campus in Visakhapatnam. They also have partnerships with Microsoft in Hyderabad and Pune. The Group will also expand its data center collaboration with Flipkart to support their ecommerce and AI needs.

India's Adani Group to Invest $100 Billion on AI Infrastructure -- Update

Adani Group plans to invest $100 billion to develop renewable-energy powered, large-scale data centers by 2035, the largest such commitment in India so far, as the South Asian nation looks to become a global leader in the age of artificial intelligence. The Indian conglomerate said Tuesday that the new initiative will build on partnerships with Google and Microsoft and aim to expand its data-center portfolio to 5 gigawatts, from its current 2-gigawatt plan, through a joint venture with Virginia-based EdgeConneX. Adani said its investment is expected to spur further spending across server manufacturing, electrical infrastructure, cloud platforms and supporting industries over the next decade. The group also said it will strengthen its partnership with Flipkart and develop a second AI data center to support the Walmart-owned online retailer's digital commerce. Adani said it is uniquely positioned to provide competitively priced, carbon-neutral power for AI workloads. In addition to Adani Green Energy's 30-gigawatt Khavda project in the western coastal state of Gujarat, the group plans to further expand its renewable-energy portfolio. "Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead," said Adani Group Chairman Gautam Adani. To reduce exposure to global supply-chain volatility, Adani Group said it will also invest in domestic partnerships to produce critical infrastructure components, including high-capacity transformers and grid systems. The conglomerate said dedicated compute capacity will support Indian large language models and national data initiatives, ensuring long-term data sovereignty. Adani said cable landing stations, including those at Adani ports, will ensure low-latency connectivity with the rest of the world. The announcement comes as India has become one of the hottest markets globally for U.S. tech titans looking to cater to the country's large population. In October, Google announced a $15 billion investment in data centers in southeastern India, as well as undersea cable links. In December, Microsoft unveiled its largest-ever investment in Asia with a $17.5 billion pledge to develop the country's cloud and AI infrastructure. Indian officials say the country is well-placed to host data centers, which require significant energy, given its investments in renewables in recent years.