New Delhi:
Adani Group Chairman Gautam Adani on Monday met Israeli Ambassador to India Reuven Azar and his wife Rachel Azar along with other officials and discussed India-Israel cooperation.
In a post on social media platform X, Gautam Adani said the company remains committed to continuing to invest and expand its partnership with Israel.
“Honored to meet Israeli Ambassador HE @ReuvenAzar and Ms. Rachel Azar, along with their team. We had productive discussions on our contribution to supporting India-Israel cooperation, especially with regard to the India-Middle East-European Economic Corridor (IMEC) and defense partnerships,” the Adani Group Chairman said.
Honored to meet Israeli Ambassador HE @ReuvenAzar and Ms. Rachel Azar, along with their team. We had productive discussions on our contribution to supporting India-Israel cooperation, especially with regard to IMEC and defense partnerships. Via the port of Haifa and Adani Israel… pic.twitter.com/9BP5UFsG4A
— Gautam Adani (@gautam_adani) January 20, 2025
“Through Haifa Port and Adani Israel Ltd, the Adani Group remains committed to continuing to invest and expand our sustainable partnership with Israel,” he added.
In 2023, The Adani Group acquired the strategic Israeli port of Haifa for $1.2 billion. The Port of Haifa is Israel's second largest port in terms of shipping containers and the largest in shipping tourist cruise ships.
The India-Middle East-Europe Economic Corridor (IMEC) is an important initiative that can contribute to India's maritime security and faster movement of goods between Europe and Asia.
Launched during the Indian G20 presidency, the IMEC aims to integrate India, Europe and the Middle East through the UAE, Saudi Arabia, Jordan, Israel and the European Union.
Lower logistics costs, faster connectivity and safe freight traffic depend on better cooperation in this area.
Adani Ports is the largest port developer and operator in India with seven strategically located ports and terminals on the west coast and eight ports and terminals on the east coast, representing 27 percent of the country's total port volumes.
The company is also developing a transhipment port in Colombo and Container Terminal 2 at the Port of Dar Es Salaam in Tanzania.
(This story has not been edited by DailyExpertNews staff and is auto-generated from a syndicated feed.)
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