Thursday, April 18, 2024

Adani Group to Fund Public Policy Think Tank

Here is more from The Economic Times:

Gautam Adani-led Adani Group plans to set up a think tank that will aid policy thinking in three critical areas - energy transition and climate change, economics and trade, and geopolitics and strategic affairs, according to people familiar with the development, who said the unit might be kicked off as early as May.  The think tank will be called Chintan Research Foundation and will be incubated with an initial funding of ₹100 crore.

The move pitches the infrastructure conglomerate in direct competition with RIL-backed Observer Research Foundation, or ORF, a think tank that took shape in 1990.  ORF, based in New Delhi, has emerged in recent years as one of India's most high-profile think tanks.

In collaboration with the Ministry of External Affairs, ORF organizes the Raisina Dialogue, India's flagship conference on geopolitics and geoeconomics.

Screening and interviews are underway for a chairperson, members of advisory board, and research staff for the foundation, which will be headquartered in New Delhi.  Outposts in Washington and London are part of the plan.

 

Gautam Adani is currently worth $103 billion, while Reliance Industries Limited (RIL) chairman Mukesh Ambani is worth $113 billion, according to Bloomberg.

Gautam Adani-led Adani Group plans to set up a think tank that will aid policy thinking in three critical areas - energy transition and climate change, economics and trade, and geopolitics and strategic affairs, according to people familiar with the development, who said the unit might be kicked off as early as May. The think tank will be called Chintan Research Foundation and will be incubated with an initial funding of ₹100 crore.

 

Gautam Adani-led Adani Group plans to set up a think tank that will aid policy thinking in three critical areas - energy transition and climate change, economics and trade, and geopolitics and strategic affairs, according to people familiar with the development, who said the unit might be kicked off as early as May. The think tank will be called Chintan Research Foundation and will be incubated with an initial funding of ₹100 crore.

Gautam Adani-led Adani Group plans to set up a think tank that will aid policy thinking in three critical areas - energy transition and climate change, economics and trade, and geopolitics and strategic affairs, according to people familiar with the development, who said the unit might be kicked off as early as May. The think tank will be called Chintan Research Foundation and will be incubated with an initial funding of ₹100 crore.