Australian High Commissioner Barry O’Farrell said on Monday that the Adani group has a successful business and remains the largest investor from India in Australia.
Speaking to reporters, O’Farrell said the Hindenburg report’s impact on the Adani group was a matter for Indian regulators and there had been no reports of the business group ceasing operations in Australia.
“Mr Adani’s investments in Australia are fully operational and fully resource driven, whether it’s clean energy or coal. There have been no reports that I’ve seen of any suspension of operations in Australia. So he’s still a significant investor from India in Australia,” he said. The ambassador answered the questions of Adani Group.
Adani Group operates port terminal, coal mines and solar energy projects in Australia.
The Australian representative added that the Adani Group is probably the largest investor from India in Australia.
“He has a successful business in Australia. In countries like Australia and India that have an Economic Cooperation and Trade Agreement (ECTA), a free trade agreement or a comprehensive economic cooperation agreement, people make decisions about whether to invest in or buy companies based on what they think is in their best interest at the time. counts. These issues are not for the government,” O’Farrell said.
The ambassador declined to comment on the meeting with Adani by Australian Prime Minister Anthony Albanese, who is visiting India from Wednesday.
(This story was not edited by NDTV staff and was automatically generated from the syndicated channel.)
(Disclaimer: New Delhi Television is AMG Media Networks Limited, a subsidiary of Adani Group.)
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