Billionaire businessman Gautam Adani is gearing up for a massive investment in India amid growing demand for artificial intelligence and business process-led services. The Adani Group chairman will reportedly invest $10 billion to build two data centres — with land acquisition currently underway.
According to a Bloomberg report, the ports-to-power conglomerate has identified Andhra Pradesh, Maharashtra, Gujarat and Tamil Nadu as possible locations. Sources told the publication that the data centres will be set up with an initial capacity of about 1 gigawatt each — with plans to scale the data center portfolio to 10 GW in due course.
The development comes weeks after Reliance Industries announced plans to build a 1GW data center in the Jamnagar area of Gujarat. Reports in January had indicated that the Mukesh Ambani-led company was purchasing AI semiconductors from NVIDIA as it sought to build the world’s largest data center. The US company had also said that it would supply Blackwell AI processors as part of a joint attempt to build AI infrastructure in India last year.