Adani to Invest $5 Billion in Google AI Data Centres in India

Adani Group has announced plans to invest $5 billion in Google’s artificial intelligence (AI) hub in Andhra Pradesh. The announcement comes as part of a larger collaboration between Adani Enterprises and Google to develop India’s largest AI-focused data centre in Visakhapatnam.

Adani Group Confirms $5 Billion Investment

Adani Group’s Chief Financial Officer, Jugeshinder Singh, revealed on Friday, “That (investment) will expand. It’s not only Google; many other parties are also interested in collaborating with us, especially as data centre capacity reaches 1 gigawatt or beyond.”

Singh, however, did not provide further details regarding the exact timeline or phased investment plans. The statement indicates a growing interest among global and domestic players to participate in India’s expanding AI and data centre ecosystem.

Google’s $15 Billion Investment in Vizag

Earlier in October, Adani Enterprises, through its joint venture AdaniConneX, had announced a strategic partnership with Google to develop the AI data centre in Visakhapatnam. Google has committed to investing $15 billion over the next five years in this project, marking one of the largest technology infrastructure investments in India.

Fundraising Plans for FY26

The CFO also shared insights into Adani Group’s financial strategy for the next fiscal year. “The company plans to raise Rs 90,000 crore in the next financial year through debt. Of the total fundraise, 55% will come from domestic sources — banks and debt capital market — and the rest will come from global banks and overseas markets. Out of the total funds planned to raise domestically, the debt capital market will constitute 6%,” Singh said.

Capital Expenditure Outlook

Adani Group has earmarked a total capital expenditure of Rs 1.5 lakh crore for the upcoming financial year. “So far in the current financial year, the company has raised Rs 80,000 crore via equity and debt and targets Rs 44,000 crore for the rest of the year,” Singh noted. He added that the company typically raises about Rs 40,000 crore each quarter, depending on seasonality.

Strategic Significance of the Investment

The Adani-Google collaboration is expected to significantly boost India’s AI and cloud computing capabilities. With increasing demand for AI services and digital infrastructure, the Visakhapatnam data centre will strengthen India’s position as a hub for technology-driven investments. This move also aligns with India’s broader goals to expand data centre capacity to 1 gigawatt and beyond.