Adani is welcome, but is it the case that GOI is not backing other business houses for overseas ports deals the same way as they back Adani ? Or is it that other business houses are afraid to spread their wings inspite of GOU agreeing to back L&T et all, with the same gusto..
He is into ports and all as an expansion of his own original coal merchant dhandho, Mundra has the largest fully automated coal import terminal in the world
To get the black gold from Australia, he bought the Carmichael mine there, built a port and also built a railway from mine to the port.
Absolutely coincidentally, if you check the fuel sources for his Electricity production dhandho you will find out most if not all use Coal.
Unlike other cowardly dhandhos, the guy also wants to make end to end Solar PV panels from the silicon ingot level, this has 0 synergy with his coal dhandho
None of our other dhandhos have such synergy or appetite for risk taking, Lehru was wrong about many things but he was 100% right about dhandhos being pussies.
Some of this pussification can be ameliorated by giving large subsidies, like thanks to PLI and other gibs Tata is now into electronics manufacturing and supply chain, but by an large even with subsidies dhandhos lack the stones to diversify, these are no Korean Chaebols.
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Speaking of coal and Asstralia, here is aboriginals complaining of WAYCISM against Adani, this is fresh news
The Nagana Yarrbayn Wangan & Jagalingou Cultural Custodians in Queensland state filed a complaint alleging serious racial discrimination by Bravus Mining and Resources, an Adani Group unit.
www.indiatoday.in