US DoJ indictment of Adani a blunder

New Delhi: The US Department of Justice’s (DoJ) indictment of Indian billionaire Gautam Adani is a strategic blunder with severe geopolitical consequences, leading American publication Forbes said.

In an article titled ‘The US Harms The West’s Alliances With A Far-Flung Indictment In India’, the author, Melik Kaylan, argued that the indictment, which alleges bribery and financial misrepresentation, “risks damaging India-US relations at a time when Washington is actively seeking stronger alliances to counter China’s rising influence”.

The article highlighted that India is a pivotal partner for the West, especially in initiatives like the India-Middle East-Europe Economic Corridor (IMEC) - a transformative infrastructure project designed to rival China’s Belt and Road Initiative (BRI).