Adani Enterprises stock: Jabil MoU targets AI hardware in India

Published on 11/05/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adani Enterprises stock is tied to a proposed 50:50 Jabil venture for AI and data-center hardware in India. Definitive agreements are still pending.

Adani expands into AI hardware

Adani Enterprises and Jabil plan a 50:50 venture for AI and data-center equipment manufacturing in India.
The non-binding memorandum still requires definitive agreements, approvals and customary closing conditions.
The project would broaden Adani's role from powering and hosting AI infrastructure toward hardware manufacturing.

Adani Ent, INE423A01024, Illustration mit AI erstellt.

Adani Enterprises is moving deeper into the artificial-intelligence supply chain. On Tuesday, October 13, 2026, the company and Jabil signed a non-binding memorandum of understanding for a proposed 50:50 joint venture to manufacture and assemble AI and data-center equipment in India.

The Adani Group newsroom said the proposed venture would cover AI racks, servers, storage and networking equipment. Its portfolio would also include power-distribution units, liquid-cooling systems and transformers, as well as installation and commissioning services.

Proposed venture remains conditional

The companies expect the project to develop multi-gigawatt AI rack manufacturing capacity for computing systems with a combined power capacity of several gigawatts. The planned manufacturing base would serve Indian demand and support exports to international markets.

The memorandum is not a final investment commitment. The venture remains subject to definitive agreements, applicable approvals and customary conditions. The companies have not disclosed financial terms for the proposed entity.

Strategic relevance for investors

For Adani Enterprises, the plan would extend the group’s existing exposure to energy, infrastructure and data centers into the production of equipment used in those facilities. That creates a potential industrial link between the group’s power capabilities and the physical systems required for AI computing, but the commercial contribution will depend on execution and the completion of binding agreements.

Adani’s investor relations page lists the company on India’s NSE and BSE under the ticker ADANIENT and confirms the Indian rupee as its trading currency.