Tufts University's Chakravorti on Adani Crisis Impact on India

The transcript discusses the response of the Adani Group to allegations made by Hindenburg Research, framing it as an attack on India's economic rise. It highlights the close ties between Adani and the Indian government, particularly with Prime Minister Modi, and the potential systemic risks to the Indian economy. The discussion also covers the implications for international investors and the perception of India's business environment, emphasizing the intertwined nature of business and government in India.

What potential impact could the Adani controversy have on foreign investors' perceptions of India?

How might the Indian government respond if more credible information about the Adani Group's practices emerges?

What role does crony capitalism play in the relationship between the Adani Group and the Indian government?