Adani Goes Big on Blockchain, IoT and AI

24 views 6:27 am 0 Comments January 3, 2024

Indian multinational corporation Adani Enterprises is embracing digitalization by leveraging blockchain, IoT, and AI technologies. 

Adani Enterprises, a subsidiary of Adani Group, has formed a joint venture with UAE-based Sirius International Holding Limited. The joint venture aims to deploy Artificial Intelligence (AI), Internet of Things (IoT), and Blockchain products for industrial applications. It will leverage Sirius’ digital transformation expertise and Adani’s strategic insights to tap into the growing digitalization market in India, which is expected to reach $1 trillion by 2030. Adani and Sirius will hold 49% and 51% shareholding, respectively, in the joint venture company.

The company has formed strategic partnerships to enhance its capabilities in these areas. Adani aims to revolutionize transparency and security in logistics and finance through blockchain, while IoT will streamline operations across its business verticals. AI technologies will enable intelligent automation and data-driven insights. 

Adani is positioning itself as a key player in India’s digital transformation and the $1 trillion digitalization market.

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