Adani Group to Invest $100 Billion in AI Data Centers by 2035

Indian conglomerate Adani Group announced a $100 billion investment to develop renewable-energy-powered, AI-ready data centers by 2035, positioning India as a key player in the global artificial intelligence race. Reuters and Forbes reported on the initiative on Tuesday, February 17, 2026.

Strategic Investment in India’s AI Future

The massive investment is expected to catalyze an additional $150 billion in related industries, including server manufacturing, sovereign cloud services and advanced electrical infrastructure, ultimately creating a $250 billion AI infrastructure ecosystem in India over the next decade. Adani Group stated the initiative aims to establish a long-term sovereign energy and compute platform.

Partnerships and Expansion

This commitment builds upon AdaniConneX’s existing 2 gigawatt (GW) national data center platform and a strategic partnership with Google. TechCrunch reports that Adani is as well exploring collaborations with other major technology companies to build large-scale data center campuses across India, including facilities planned for Visakhapatnam, Noida, Hyderabad, and Pune. An expanded partnership with Flipkart will focus on developing another high-performance AI data center.

Google’s Investment and the AI Impact Summit

In conjunction with the Adani Group’s announcement, Google has committed $15 billion over five years to develop an AI data center in southern India. Forbes highlighted this parallel investment. The announcements coincided with the AI Impact Summit India, a five-day event in Recent Delhi attended by leaders from OpenAI, Nvidia, Anthropic, Microsoft, and Google, signaling India’s growing importance in the global AI landscape.

Market Response and Legal Challenges

The market reacted positively to the news, with shares of Adani Enterprises rising approximately 2.3% and contributing to gains in the Nifty 50 index. Adani Green Energy also saw a rise of around 1.8%. However, TechCrunch noted that Adani Group shares have experienced volatility amid ongoing legal pressures, including plans by the U.S. Securities and Exchange Commission (SEC) to issue summons to Gautam Adani and his nephew regarding allegations of bribery and fraud. The Adani Group has denied these allegations and intends to pursue all available legal remedies.

Adani’s Vision for India’s Role in AI

Gautam Adani, Chairman of the Adani Group, stated that India will not merely be a consumer of AI technology but will actively participate as a creator, builder, and exporter of intelligence. Adani Group envisions a long-term sovereign energy and compute platform to position India as a global leader in the emerging Intelligence Revolution.