India’s Adani Group has committed to investing $10 billion in energy security and infrastructure initiatives in the United States, with the potential to generate approximately 15,000 jobs, as stated by chairman Gautam Adani in a post on the social media platform X recently . While the billionaire did not provide a specific timeline for this investment, he took the opportunity to congratulate Donald Trump on his recent electoral victory. Trump has expressed intentions to facilitate energy companies’ operations on federal lands and to promote the construction of new pipelines, which could favor law firms with robust traditional energy practices during his forthcoming administration. In January 2023, Adani Group faced allegations from the US-based short-seller Hindenburg Research regarding the improper utilization of offshore tax havens and stock manipulation, leading to a significant decline of $150 billion in the market value of the group’s companies.
