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Amid ongoing conflict in West Asia, Adani Enterprises Director Pranav Adani on Wednesday assured that the group's overseas assets remain secure. "There are concerns, but luckily, all our assets abroad are safe. We shouldn't worry about it," he told reporters on the sidelines of the Chintan Research Foundation's foundation day event.
His remarks came as markets react to the worsening geopolitical situation in the Middle East. Adani Ports and Special Economic Zone fell for the seventh straight session, slipping 2.5% to Rs 1,338. Among the key concerns is the Haifa Port in northern Israel, which the Adani Group acquired in early 2023. The strategic facility, a crucial Indian commercial asset in the region, is operating under the shadow of regional conflict, particularly amid fears of escalation between Israel and Iran. Speaking at ANI, Pranav Adani also outlined the vision of the Chintan Research Foundation, which he said will focus on "climate change, geopolitical issues and economic entry" as its initial areas of research. "Evidence-based research has many responsibilities. These three pillars will be our starting point," he said. He emphasised the need to focus on India's heartland. "India is not only Delhi or the capital cities. The real India lives in Ranchi, Raipur, Bhubaneswar and the Northeast... That's where inclusive growth should be centred," he said. CRF President Shishir Priyadarshi said the foundation aims to tackle hard truths and propose solutions with a focus on zero-emission goals, inclusive prosperity, and the Global South's emergence. "The most challenging thoughts lead to the most rewarding destinations," he said. (ANI)
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