Gautam Adani
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Walmart Inc’s Flipkart is also engaged in talks with the tycoon and the Adani Group is exploring sites across Indian states for the centres, said the people, asking not to be identified as the negotiations are private.
The talks, part of a sweeping $100 billion digital infrastructure push by Adani, seeks to position his port-to-power group as the supplier of both land and renewable energy needed for hyperscale facilities — resources critical to artificial intelligence and cloud services worldwide.
Competition thickens
Specific sites for the new facilities have yet to be finalised, and the discussions remain preliminary, the people added. Still, the move underscores intensifying competition for digital infrastructure in India.
India’s landmass and fast-growing economy have made it a magnet for overseas investors and technology companies seeking scale. The surge in interest is part of a global race to build such facilities, even as China has warned of oversupply. Alibaba Group Holding Ltd’s Joe Tsai last year cautioned that much of the development there is duplicative.
India’s data centre capacity is projected to grow fivefold by 2030 to over 8 gigawatt, according to KPMG. In a report dated Dec. 15 last year, the consulting firm said this expansion is expected to generate more than $30 billion in capital expenditures.
AdaniConnex Pvt, a joint venture between Adani Enterprises Ltd. and EdgeConneX, in October announced a partnership with Google, which is investing about $15 billion to build India’s largest AI infrastructure hub at Visakhapatnam. The current negotiations mark a fresh phase of investment beyond those commitments, the people said.
Representatives for Adani Group, Meta and Walmart declined to comment. A spokesperson for Alphabet Inc, which owns Google, said the company had no new investments to talk about.
Mukesh Ambani-led Reliance Industries Ltd, through its Digital Connexion venture, signed an $11 billion pact to build data centres at Visakhapatnam in November, while Tata Consultancy Services Ltd secured $1 billion from TPG Inc to accelerate its own efforts.
Global players are also stepping up. Amazon.com Inc plans to invest $12.7 billion on cloud infrastructure in India through 2030, while ChatGPT-creator OpenAI is seeking to set up a 1-gigawatt data centre in the region.
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Published on March 26, 2026