FCC

Gautam Adani stresses India-US ties for climate change

2022-09-09

India and the United States should increase cooperation in climate change, semiconductor production, defence and cyber space, Gautam Adani, chairman of the Adani Group, said this week while committing $70 billion in investments in environment friendly projects, including three giga-factories.

Adani, who received the USIBC Global Leadership Award in New Delhi, said the partnership between India and the United States will be one of the most defining relationships of the century.

"A central element of the India-US relationship will need for mutual acceptance - that free trade, openness, and integration into each other’s economies are needed to set the foundation for the range of possibilities that remain unexploited," Adani said in his acceptance speech.

There has been talk about developed nations supporting developing ones but more has to be done, especially to protect the environment. "Cooling the planet down – equitably - is necessary and can be one of the most profitable businesses over the next several decades. With the signing of the US climate bill into law, both our nations must find a mechanism to benefit from this massive stimulus. The governments have done their part, it’s now the job of the businesses to find a way to collaborate," Adani said, adding that his group has committed $70 billion to environment-friendly projects.