Abu Dhabi's International Holding Co (IHC) has restated its investment outlook on India's Adani Group, despite the recent indictment of billionaire Gautam Adani in the United States.
This reaffirmation by IHC indicates its confidence in its existing commitments to the Adani Group, which has been under scrutiny due to ongoing legal challenges.
IHC's decision comes at a time when the Adani Group is facing significant regulatory and market pressures. The unwavering position of IHC highlights its strategic approach to investments in the region, suggesting a long-term perspective despite the current turbulence surrounding Adani's business dealings.