Adani Enterprises’ joint venture AdaniConnex has incorporated a wholly owned subsidiary, AdaniConnex Hyderabad Three, to develop data centers in Hyderabad. The move strengthens its nationwide expansion strategy, tapping into India’s growing demand for cloud and digital services. Analysts see it as a key step in Adani’s digital infrastructure ambitions.
Adani Enterprises Ltd has announced that its data center joint venture, AdaniConnex, has incorporated a wholly owned subsidiary named AdaniConnex Hyderabad Three. This move underscores the company’s aggressive push into India’s fast-growing digital infrastructure sector, particularly in Tier-1 cities where demand for cloud and data services is surging.
Key highlights from the announcement:
-
The new entity, AdaniConnex Hyderabad Three, will focus on developing and operating data centers in Hyderabad, one of India’s leading IT hubs.
-
Hyderabad has emerged as a strategic location due to its robust IT ecosystem, skilled workforce, and strong demand for enterprise cloud solutions.
-
AdaniConnex, a joint venture between Adani Enterprises and EdgeConnex, has been expanding rapidly across India, with projects in Chennai, Noida, and Pune already underway.
-
The incorporation of this subsidiary reflects Adani’s broader strategy to build a nationwide data center network, supporting India’s digital transformation and rising internet penetration.
-
Analysts highlight that the move strengthens AdaniConnex’s position in the competitive data center market, where global players are also scaling up investments.
This development reinforces Adani Enterprises’ commitment to digital infrastructure, aligning with India’s ambition to become a global technology powerhouse.
Sources: Reuters, Economic Times, Business Standard