Categories: Business

Israel Expressed Support for Adani Group Despite the Bribery Allegations Against Its Founder

Israel has expressed its support for the Adani Group despite the bribery allegations against its founder in the United States. Reuven Azar, Israel’s envoy to India, stated that Israel wants Adani and other Indian companies to continue investing in the country. He emphasized that the allegations by U.S. authorities are “not something that’s problematic” from Israel’s perspective.

This support comes as the Adani Group faces scrutiny over allegations of bribery to secure solar power contracts. Despite these allegations, the group continues to receive backing from various international partners, including Israel.

The Adani Group has made several significant investments in Israel, including Haifa Port, the Adani Group holds a 70% stake in Haifa port, which is one of Israel’s largest Ports. This investment is part of Adani’s strategy to expand its global port operations.

Adani is also involved in the production of military drones in Israel, leveraging the country’s advanced technology and innovation in defense systems.

The group has plans to manufacture commercial semiconductors in Israel, tapping into the country’s expertise in semiconductor technology.

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