Reliance Industries JV to build $11 billion AI data center in India

Digital Connexion — a joint venture between Mukesh Ambani’s Reliance Industries Ltd, Brookfield Asset Management Ltd and Digital Realty Trust Inc. — has signed an agreement to invest $11 billion by 2030

to develop a major data centre campus in southern India, marking the latest push in one of technology’s fastest-expanding sectors.

The privately held firm will build a 1-gigawatt, AI-native data centre campus spread across 400 acres (1.62 sq km) in Visakhapatnam, Andhra Pradesh, the company said in a statement on Wednesday. It added that a memorandum of understanding had been signed with the Andhra Pradesh Economic Development Board.

The move aligns with the global surge in data-centre spending as governments and corporates race to scale AI infrastructure. Andhra Pradesh is emerging as a significant hub: Alphabet Inc.’s Google last month announced plans to invest $15 billion to develop an AI infrastructure centre in Visakhapatnam over the next five years.

The Reliance-backed joint venture joins a growing field of international tech majors investing heavily in India, placing the country among the biggest beneficiaries of the worldwide AI build-out. Amazon.com Inc. plans to invest $12.7 billion in cloud infrastructure in India by 2030, while OpenAI is seeking to establish a 1-gigawatt data centre. Tata Consultancy Services Ltd. recently secured $1 billion from TPG Inc. to accelerate its own expansion into AI-driven data centres.

India’s overall data-centre investments are projected to exceed $100 billion by 2027, according to estimates from CBRE Group Inc.