“So am I surprised by the behavior of some Indians? No.”
The Government of India has not commented on Hindenburg’s allegations.
Hindenburg said in a statement on Monday that the Adani group was “trying to divert attention from core issues and instead fuel a nationalist narrative”.
“In short, the Adani Group has attempted to confuse its meteoric rise and the wealth of its chairman, Gautam Adani, with India’s success.”
Opposition leaders have said that Adani does not represent the whole of India.
Jawahar Sarkar, a lawmaker from the opposition Trinamool Congress, posted on Twitter: “Since when has Adani = India?”