moUwill allow Adaniccompanies gain access to technical solutions from Israeli start-ups.
- The collaboration will span across climate change, cyber, AI, IoT, 5G, agriculture, all of which are core activities for Adani.
Adani groupIsrael’s recently acquired Port of Haifain July for $1.18 billion.
Adani Enterprises today signed an MoU with the
The collaboration will span across climate change, cyber, AI, IoT, 5G, agriculture – all core activities for Adani.
The MoU with Israel comes weeks after the Adani group acquired the Israeli port in Haifa for $1.18 billion in July. It aims to create better trade lines between India, Europe and the Middle East.
“The acquisition of Haifa Port demonstrates the Adani Group’s commitment to Israel. What Adani offers is the broadest sandbox of multiple B2B and B2C industries for multiple technology companies in Israel. It’s a classic match between supply and demand between two countries that have always had very strong ties,” he said
The Adani Group will screen and select Israeli start-ups to develop innovative solutions in the tech space.
“The Adani Group is a partner of choice for any Israeli startup looking to capitalize on the fastest growing economy in the world – India,” said
In an annual general meeting of Adani Enterprises held in July,
The group plans to digitally integrate its current and future operations by connecting its data centers via submarine and terrestrial cables alongside 5G industrial-level connectivity. It aims to build the largest industrial cloud in the world for its 400 million strong consumer base.
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