India’s Adani Group has announced an ambitious plan to invest $100 billion by 2035 in the development of “hyperscale AI-ready data centres,” positioning the country as a rising global hub for artificial intelligence.

The announcement coincides with a five-day Global AI Summit in New Delhi, which brings together 20 national leaders and 45 ministerial delegations to discuss AI’s impact on jobs, innovation, and child safety. Key sessions on Thursday will see tech titans such as Sam Altman of OpenAI and Google CEO Sundar Pichai in attendance.

According to the Adani Group, the $100 billion investment is expected to stimulate an additional $150 billion in related sectors, including server manufacturing, advanced electrical infrastructure, sovereign cloud platforms, and supporting industries. Combined, this could create a $250 billion AI infrastructure ecosystem in India over the next decade.

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“The vision is anchored by strategic partnerships with Google, which plans a massive data centre campus in Visakhapatnam, and Microsoft,” the conglomerate said. “Discussions are ongoing with other major players aiming to establish large-scale campuses across India, reinforcing our position as the country’s premier AI infrastructure partner.”

India’s AI ambitions have gained momentum in recent years. Last year, the country jumped to third place globally in AI competitiveness, surpassing South Korea and Japan, according to a Stanford University ranking.

However, experts caution that despite these large-scale infrastructure projects and ambitious plans, India still faces significant challenges before it can rival AI powerhouses like the United States and China.