Adani Group Plans $100 Billion Investment in Indian AI Data Centers by 2035
The Adani Group is making a huge bet on the future of AI in India, pledging a staggering $100 billion investment by 2035 to construct AI-focused data centers across the nation. It's a bold move that signals India's serious intention to become a major player in the global AI landscape. This investment aims to create data centers powered by renewable energy.
This isn't just about building servers; it's about building an entire ecosystem. Adani anticipates that this initial investment will spark an additional $150 billion in related investments, ultimately creating a $250 billion AI infrastructure ecosystem in India over the next decade. It's a massive undertaking that could transform India's technological capabilities.
What's driving this push? Well, global investment in AI infrastructure is going through the roof, and companies are looking beyond the usual suspects like the U.S. for resources. India, with its booming digital economy and increasing renewable energy capacity, has become an attractive destination for data centers and AI development.
The announcement was timed to coincide with India's AI Impact Summit in New Delhi, where big names from the AI world like OpenAI, Nvidia, Microsoft, and Google are meeting with policymakers and industry leaders. It's all about collaboration and building a future where India isn't just a consumer of AI, but a creator.
Gautam Adani, chairman of the Adani Group, views this investment as a long-term bet on the convergence of energy and computing. This project will heavily rely on Adani's existing data center platform and partnerships with giants like Google and Microsoft, the Adani Group aims to establish extensive AI data center campuses in Visakhapatnam and Noida, with strategies to broaden its presence to Hyderabad and Pune.
The group is planning to deploy up to 5 gigawatts of data-center capacity as a unified system to scale power generation and processing capacity.
Adani's renewable energy portfolio, including the massive 30-gigawatt Khavda project, will supply carbon-neutral power to these data centers. They are also planning to invest an additional $55 billion to expand renewable generation and battery energy storage.
To mitigate supply chain risks, Adani plans to co-invest in domestic manufacturing of critical components, such as transformers and power electronics.
Source: TechCrunch