Adani Group Strengthens Ties with Israel

22 Jan 2025 CW Team

The Adani Group Chairman, Gautam Adani, met Israeli Ambassador to India, Reuven Azar, and his wife Rachel Azar to discuss strengthening India-Israel collaboration.

In a post on X, Adani emphasized the company's dedication to the India-Middle East-Europe Economic Corridor (IMEC) and defence partnerships. "Honoured to meet with Israeli Ambassador H.E. @ReuvenAzar and Mrs Rachel Azar, along with their team. Had productive discussions on doing our part for supporting India-Israel collaboration," he wrote.

Adani reiterated the group's commitment to investing in Israel, adding, "Through Haifa Port and Adani Israel Ltd, the Adani Group remains firmly committed to continuing to invest and expand our enduring partnership with Israel."

In 2023, the Adani Group acquired the Haifa Port for approximately Rs 100 billion ($1.2 billion). The port is Israel's second-largest container port and the largest for cruise ships.

The IMEC, launched during India’s G20 presidency, aims to enhance connectivity between India, the Middle East, and Europe, reducing logistics costs and improving maritime security.

Adani Ports, which handles 27% of India’s port volumes, continues to expand its global footprint, including projects like Colombo's transshipment port and Tanzania's Dar Es Salaam Container Terminal 2.

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