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Adani Enterprises, via its joint venture AdaniConneX, has set up a new wholly-owned subsidiary, AdaniConneX Hyderabad Two Limited (ACXHTL). With an initial subscribed capital of Rs. 0.01 Cr, ACXHTL will focus on constructing, developing, and operating data centers. Adani Enterprises indirectly holds a 50% stake in this new venture. This strategic move signals AEL's continued push to expand its footprint in the high-growth data center industry, crucial for digital infrastructure. It underlines their operational commitment to scaling up tech capabilities.