Adani

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The Adani Group is an Indian multinational conglomerate headquartered in Ahmedabad. The Group's businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, defense manufacturing, and infrastructure. The Adani Group maintains close, ongoing strategic and investment ties with Israel, with Group Chairman Gautam Adani being one of the country's most prominent foreign investors. The conglomerate's operations in Israel are primarily concentrated in two key sectors: Port Operations: In early 2023, Adani Ports, in a consortium with Israel's Gadot Group, acquired the strategic Port of Haifa for $1.2 billion (with Adani holding a 70% majority stake). As Israel's second-largest commercial port, and despite regional tensions, the group regularly confirms that the facility remains safe and fully operational. This partnership is highly backed by both the Indian and Israeli governments to position Haifa as a key hub within the India-Middle East-Europe Economic Corridor (IMEC). Defense Collaboration: The group collaborates directly with major Israeli defense contractors to manufacture military equipment. Through a joint venture with Elbit Systems (Israel's largest private defense firm), Adani operates a facility in Hyderabad, India, that manufactures Hermes 900 drones, which are exported and utilized by the Israeli Air Force. Furthermore, the group co-produces small arms and assault rifles through partnerships with Israel Weapon Industries (IWI). The Adani Group has also signed official agreements with the Israel Innovation Authority (IIA) to establish tech labs. These allow Israeli AI and computer-vision startups to test, deploy, and scale their solutions across Adani's massive infrastructure network, including Indian airports and ports. -- Listed on NSE/BSE (ADANIENT), Adani is backed by leading sovereign wealth funds, most notably GIC, ADIA and QIA.