
Iran-Israel War: The recent escalation in the Iran-Israel war has brought major concerns for Gautam Adani Indias second richest man as the Adani Group boss has made huge investments in Israel which are now under a major threat as the conflict in the Middle East is likely to boil over into a major military confrontation between Iran and Israel. As per details Gautam Adani-led Adani Group has extensive investments in Israel ranging from high-stakes defense ventures with Israeli defense firms to the Haifa port in which the group in partnership with Israels Gadot Group purchased a 70 percent stake in 2023 for $1.2 billion. Adani Ports has major stake in Israels Haifa Port The Haifa Port is one of key trade ports for Israel and also accounts for around 3 percent of the total cargo volume of Adani Ports. However Gautam Adanis investment in the Israeli port is now under serious threat due to escalation in the Iran-Israel war. According regional stability has drastically declined amid the raging Iran-Israel war and could result in delays in cargo delivery at the Haifa Port and changes in shipping routes. Iran launched a barrage of drones and missiles at Israel on the intervening night of Friday and Saturday in response to the latter airstrikes in the country that killed several top Iranian military commanders and nuclear scientists. The Haifa Port remained untouched in the Iranian assault as it located in northern Israel while the attack took place in the southern part. However future Iranian attacks may not spares Israels north and also threatens to affect Mediterranean trade routes. Adani Groups joint defense ventures in Israel Notably Gautam Adanis investments in Israel are not limited to ports but extend to significant joint defense ventures in the Jewish state. In 2018 Adani Enterprises partnered with Israels Elbit Systems establishing the Adani Elbit Advanced Systems India which manufactures Hermes 900 drones in Hyderabad that are extensively used by the Israeli Defense Forces (IDF). While Adanis defense venture is likely to benefit from the ongoing conflict his investment in Haifa Port faces a major threat as tensions escalate.
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