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The Hindu
The Hindu
National
PTI

Gautam Adani calls global cooperation 'facade', pitches for self-reliant India

Back from the World Economic Forum at Davos in Switzerland, richest Indian Gautam Adani on May 26 said international alliances are built on slippery foundations of self-interest and India needs to step up and strengthen self-reliance across sectors — from vaccination to defence and semiconductors.

Climate change, followed by the pandemic, global supply chain disruptions, the war in Ukraine and rising inflation have together resulted in worldwide panic and uncertainty, the Adani Group Chairman wrote in a post shared on LinkedIn.

In 'The Paradoxes at Davos 2022', Mr. Adani expounded on the current global situation, saying "the state of global affairs has forced us to confront the resulting realpolitik directly rather than hide behind a facade of global cooperation." Collaborations, not condescension is key to the new world order, Mr. Adani said, adding self-defence and self-reliance preoccupy war-wary leaders in Davos.

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