Adani to invest $100 billion in AI-ready data centres by 2035; shares up 2.6%

  • 17th February 2026
  • 02:00 PM
  • 3 min read
PL Capital

Summary

Adani Enterprises will invest $100 billion by 2035 to build renewable energy-powered AI-ready data centres across India. The group plans to scale its capacity to 5 GW and expects the initiative to unlock $150 billion in additional investments across server manufacturing, cloud platforms and digital infrastructure.

Mumbai | February 17

Adani Enterprises on Tuesday unveiled plans to invest $100 billion by 2035 to develop renewable energy-powered, AI-ready data centres across India, accelerating its push into artificial intelligence infrastructure.

The conglomerate expects the investment to trigger an additional $150 billion in spending over the next decade across server manufacturing, sovereign cloud platforms, advanced electrical infrastructure and related industries. Together, the company estimates the programme could build a $250 billion AI infrastructure ecosystem in India.

Scaling from 2 GW to 5 GW capacity

Adani Connex, the group’s data centre joint venture, currently operates a 2 gigawatt (GW) national data centre platform. The company now plans to expand capacity to 5 GW, placing India among the world’s largest AI compute hubs.

The group intends to integrate renewable power generation, transmission infrastructure and hyperscale compute capacity within a single coordinated architecture. It will develop energy generation and AI processing capacity in parallel rather than as separate verticals.

Google, Microsoft and Flipkart partnerships

The roadmap builds on Adani’s existing collaborations with global technology companies.

Adani Connex is working with Google on a gigawatt-scale AI data centre campus in Visakhapatnam, alongside additional campuses in Noida. The group also operates data centre partnerships with Microsoft in Hyderabad and Pune.

Adani Enterprises said it is in discussions with other major global players to establish large-scale AI campuses across India.

The group will also deepen its partnership with Flipkart to develop a second AI-focused data centre designed to support high-performance computing and next-generation digital commerce workloads.

Focus on energy and compute integration

Chairman Gautam Adani said the group will expand into the full AI stack, combining renewable energy, data centres, cloud infrastructure and compute capabilities.

The company positions the programme as a sovereign energy-and-compute platform aimed at strengthening India’s role in the global AI economy.

Budget reforms and digital infrastructure push

The announcement follows recent policy measures aimed at strengthening India’s digital infrastructure. Government initiatives have encouraged data centre development through infrastructure status support, renewable energy incentives and semiconductor manufacturing schemes.

Industry participants expect sustained demand for AI workloads, driven by enterprise adoption, cloud expansion and localisation requirements.

Adani Enterprises Share Prices

At 12:45 pm, shares of Adani Enterprises were trading 2.6% higher at ₹2,242 apiece.

The scale of the proposed investment makes it one of the largest private commitments to AI and data centre infrastructure in India.

Adani’s $100 billion data centre investment marks a major step in India’s AI infrastructure buildout as global technology firms race to secure compute capacity backed by reliable renewable energy.
With inputs from Moneycontrol.

For more market and corporate updates, follow PL Capital.

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