[Gopal Adani and Prime Minister Modi]
In democracies, successful politicians reward their financiers, the money bags who helped them on their way up. This is a different type of beneficiary than the one who opens up his purse to fill the coffers after the ruling party is ensconced. The former kind comprises in some sense visionaries who espy the potential in select politicians and are willing to back their hunch. They are risk-takers, because what they do involves possibly alienating the political competition not so favoured by them. But should the bet come good, it doesn’t just rain goodies, it pours.
The Adani Family is headed by Gautam, who vaulted from a small-time polyvinyl plastics importer in the 1980s to head a $12 billion global conglomerate with diverse interests ranging from mining, energy, to infrastructure today. The Adani Group is in this happy position because of Gautam’s knack for political…
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