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Adani Enterprises, Jabil Sign MoU for Indian AI Hardware JV
The nonbinding agreement outlines a proposed 50:50 joint venture to manufacture and assemble artificial intelligence and data center equipment in India.

Adani Enterprises and Jabil signed a nonbinding memorandum of understanding to explore an equally owned Indian venture focused on manufacturing and assembling hardware for AI systems and data centers.
The agreement establishes a framework for the proposed partnership, with each company expected to hold a 50% stake. The planned operation would manufacture and assemble equipment for AI and data center infrastructure in India.