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Adani Group Expands Overseas Ports Business to Counter China's Maritime Influence

Adani Group Expands Overseas Ports Business to Counter China's Maritime Influence
blog image
Maritime

Adani Group Expands Overseas Ports Business to Counter China's Maritime Influence

The Adani Group, India's largest port operator, is set to expand its overseas ports business following the approval of a $553 million US government financing deal for a port terminal project in Colombo. The move is seen as a strategic response to China's growing influence in the Indian Ocean. Adani Ports plans to explore opportunities in neighboring countries, such as Bangladesh, East African nations, and Southeast Asian countries like Tanzania and Vietnam. Despite recent challenges and scrutiny of its business practices, the Adani Group aims to establish a stronger international presence, playing a "long game" to counter China's maritime dominance.



IMAGE CREDIT : GOOGLE


20 Nov 23
blog image
Maritime

Adani Group Expands Overseas Ports Business to Counter China's Maritime Influence

The Adani Group, India's largest port operator, is set to expand its overseas ports business following the approval of a $553 million US government financing deal for a port terminal project in Colombo. The move is seen as a strategic response to China's growing influence in the Indian Ocean. Adani Ports plans to explore opportunities in neighboring countries, such as Bangladesh, East African nations, and Southeast Asian countries like Tanzania and Vietnam. Despite recent challenges and scrutiny of its business practices, the Adani Group aims to establish a stronger international presence, playing a "long game" to counter China's maritime dominance.



IMAGE CREDIT : GOOGLE


20 Nov 23
blog image
Maritime

Adani Group Expands Overseas Ports Business to Counter China's Maritime Influence

The Adani Group, India's largest port operator, is set to expand its overseas ports business following the approval of a $553 million US government financing deal for a port terminal project in Colombo. The move is seen as a strategic response to China's growing influence in the Indian Ocean. Adani Ports plans to explore opportunities in neighboring countries, such as Bangladesh, East African nations, and Southeast Asian countries like Tanzania and Vietnam. Despite recent challenges and scrutiny of its business practices, the Adani Group aims to establish a stronger international presence, playing a "long game" to counter China's maritime dominance.



IMAGE CREDIT : GOOGLE


20 Nov 23