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Why Has Cantor Fitzgerald Initiated Coverage on Adani Enterprises | NDTV Profit
NDTV Profit
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1/31/2024
Why did Cantor Fitzgerald initiate coverage on Adani? Brett Knoblauch explains why the Adani Group could help India on its path to self-reliance.
Watch the full conversation with Tamanna Inamdar: https://bit.ly/4blGSVZ
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00:00
initiated covered for a lot of reasons. First, just from Cantor's point of view,
00:04
we think India is a big growth opportunity for us. This might just be one name, but I think it's a
00:10
start of a much larger global push for our franchise, but especially in India.
00:14
With the Adani Group and its self, I guess, helping Indians pay off the self-reliance,
00:23
I think if you just look at everything that they have built over the last
00:27
several decades and have spun out and emerged from gas, ports, Adani, Walmart, food,
00:34
utility energies, you name it, it's giving India the infrastructure that they need so that they
00:43
can be self-reliant and not so reliant on other countries, whether it be China or the US or
00:50
other big trading partners.
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