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Adani Enterprises said on Tuesday it plans to invest $100 billion by 2035 to develop renewable energy-powered, AI-ready data centres, marking one of the country's largest bets yet on digital infrastructure and artificial intelligence.
The company said the buildout will anchor a broader technology ecosystem and strengthen India's position in the intensifying global race for AI dominance. International technology giants including Google, Amazon, Meta Platforms and Microsoft have stepped up investments in the country, alongside domestic heavyweights such as Reliance Industries and Tata Consultancy Services.
Market analysts say large-scale data centres will form the backbone of AI adoption, supporting everything from cloud computing to advanced analytics. Deep-pocketed conglomerates are moving swiftly to secure capacity as businesses retool around automation and machine learning.
Adani said its planned investment could catalyse an additional $150 billion across adjacent sectors, including server production and sovereign cloud platforms, creating a combined $250 billion AI infrastructure opportunity over the coming decade.
Shares of the group rose 2.7%, topping the benchmark Nifty 50 index on Tuesday.
With limited domestic chip manufacturing, India has so far played a modest role in the AI supply chain. Company executives argue that scaling data centre capacity offers a faster route to global relevance.
The conglomerate aims to expand its data centre capacity from 2 gigawatts to 5 gigawatts, positioning it among the world's largest integrated platforms. The facilities will be powered by renewable energy assets as part of a parallel $55 billion expansion of its green portfolio, including large-scale battery storage.
"For years we depended on imported technologies. Now we are laying the digital foundation ourselves," Chairman Gautam Adani wrote on X.
The group is deepening collaborations with global and domestic players. It already works with Google on data infrastructure and said it will expand ties with Walmart-backed Flipkart to develop an additional AI-focused facility, while holding talks for further campuses nationwide.
