Read on the application
Billionaire Gautam Adani’s Adani Group could land big deals overseas. Group company Adani Ports is working on plans to acquire Greek ports. It will facilitate Indian exports to Europe. Let us tell you that this year Adani has also acquired the famous port of Haifa Port in Israel.
Which port is Adani interested in?
The Telegraph quoted the Greek City Times as saying in a report that the Prime Minister Narendra Modi The acquisition of ports in Greece was discussed during the one-day visit of Dr. According to the report, the Adani group may be interested in acquiring one or more ports if the process starts. Adani Group may consider acquisition of Kavala and Volos ports in northern Greece. It is located 330 km from Athens. Apart from this, the Adani group may also show interest in the port of Alexandroupoli.
China captures the port of Piraeus
There is also talk in the local Greek media that India is also exploring the possibility of using Greece’s port of Piraeus near Athens for its European exports. However, this port is controlled by China. China’s COSCO Shipping is the major shareholder in Piraeus Port with a 67 percent stake. China has made Piraeus the largest port in the region. Xi Jinping visited the port in 2019 and described it as an important hub for connectivity between Asia and Europe, apart from China’s connection with Europe.
Billionaire Anil Aggarwal’s company defeats the government, the case is worth 9545 crores
Greece can be the gateway to Europe
Kavala in northern Greece is the main port of the Eastern Macedonia region. However, it will need to be expanded to serve as a gateway for India to Europe. If India captures one or more ports, Greece will officially become India’s gateway to Europe.