Interacting with reporters right here, O’Farrell mentioned the influence of the Hindenburg report on the Adani Group is a matter for India’s regulators and that there have been no reviews in regards to the enterprise group ceasing operations in Australia.

“Mr Adani’s investments in Australia are fully functioning and fully providing the resources, whether it is clean energy or coal. There have been no reports that I have seen in Australia that his operations have ceased. So, he is still a significant investor from India in Australia,” the envoy mentioned in response to questions on the Adani Group.

Adani Group operates a port terminal, coal mines and photo voltaic vitality initiatives in Australia.

The Australian envoy added that the Adani Group might be the most important investor from India in Australia.

“He has successful businesses in Australia. In countries like Australia and India where you have a Economic Cooperation and Trade Agreement (ECTA), free trade deal or a Comprehensive Economic Cooperation Agreement, people make decisions to invest or buy companies on the basis of what they feel is in their interest at that time. These matters are not for the government,” O’Farrell mentioned.

The envoy refused to state if Australian Prime Minister Anthony Albanese, who’s visiting India from Wednesday, will meet Adani.