Adani Enterprises has announced that it will invest $100 billion in renewable energy-powered, AI-focused data centers by 2035 to transform India into a global AI hub. The plan is expected to create a massive AI infrastructure ecosystem worth $250 billion in the country over 10 years.
The company says that the initiative could stimulate an additional $150 billion in spending, spanning a wide range of areas from server manufacturing to sovereign cloud platforms. Indian billionaire Gautam Adani has called the strategy a “five-layer AI stack,” aiming to strengthen the country’s technological sovereignty and make India a major hub for global data flows.
Global technology giant Google’s planned $15 billion investment in the state of Andhra Pradesh is also expected to generate about $5 billion in business through AdaniConnex. The company’s shares rose 2.4% in response to the market reaction, topping the Nifty 50 index.
