The Adani Group, led by visionary industrialist Gautam Adani, is a cornerstone of India’s economic and strategic growth. From building world-class ports to manufacturing cutting-edge defense equipment, the conglomerate has become a symbol of India’s rise on the global stage. However, in January 2023, the group faced a vicious attack through a report by Hindenburg Research, a US-based short-seller firm. This report, which alleged financial misconduct, was not just an attack on Adani but an attempt to destabilize India’s economy and strategic interests. Thanks to the support of Israel’s intelligence agency, Mossad, and the resilience of the Adani Group, the truth behind this conspiracy has come to light. This article tells the story of how Adani overcame this orchestrated sabotage, the role of the Indian National Congress and global forces in trying to frame the group, and why Adani’s work is vital for India’s future—explained in simple terms for every Indian to understand.
The Beginning: Hindenburg’s Attack on Adani (January 2023)
On January 24, 2023, Hindenburg Research released a report accusing the Adani Group of stock manipulation, accounting fraud, and running “the largest con in corporate history.” The timing was suspicious—Gautam Adani was in Israel, finalizing a $1.2 billion deal to acquire a majority stake in Haifa Port, a strategically vital asset for the India-Middle East-Europe Economic Corridor (IMEEC). The report caused chaos: Adani Group’s stock prices crashed, wiping out over $100 billion in market value, and a major public share offering was canceled. For a moment, it seemed like the empire built by one of India’s most patriotic entrepreneurs was under threat.
But Gautam Adani didn’t panic. He called the allegations “baseless” and promised to fight back. The Adani Group issued a 413-page rebuttal, proving that the accusations were a mix of old, discredited claims and twisted facts. Indian courts and regulators, including the Securities and Exchange Board of India (SEBI), had already cleared Adani of similar charges in the past. So, why was this report released, and who was behind it?
Israel Steps In: Mossad’s Operation Zeppelin (January 2023)
The Haifa Port deal was a game-changer, not just for Adani but for India-Israel relations. Israel saw the port as critical to countering China’s growing influence in the Middle East. When the Hindenburg report dropped, Israeli Prime Minister Benjamin Netanyahu grew concerned. He met Gautam Adani on January 31, 2023, and asked, “This report, it’s a serious threat to your business, isn’t it?” Adani replied confidently, “Not at all. It’s all lies.” But Netanyahu wasn’t convinced. He feared the report could sabotage the port deal and weaken the India-Israel partnership.
Netanyahu ordered Mossad, Israel’s elite intelligence agency, to investigate. This led to the launch of Operation Zeppelin, a covert mission to uncover the truth behind Hindenburg’s attack. Mossad’s elite units—Tzomet (human intelligence) and Keshet (cyber operations)—sprang into action. They monitored Hindenburg’s New York office, its founder Nathan Anderson, and a global network of activists, journalists, and politicians. What they found was shocking: the attack on Adani was part of a coordinated conspiracy involving powerful forces, including the Indian National Congress, US-based actors, and billionaire George Soros.
The Conspiracy Unraveled: Congress and the Deep State (2023-2024)
Mossad’s investigation revealed a web of players working to tarnish Adani’s reputation and destabilize India’s economy. Here’s what they uncovered:
- Indian National Congress Involvement: Mossad hacked into the servers of Sam Pitroda, head of the Indian Overseas Congress (IOC) in Oakbrook Terrace, Illinois. They found encrypted communications linking Congress leader Rahul Gandhi—referred to as “bitter dynast” in Mossad’s chats—to Hindenburg’s team. Allegedly, Gandhi met Hindenburg allies in Palo Alto, California, in May 2023 to plan further attacks on Adani. The goal? To weaken Gautam Adani, a close ally of Prime Minister Narendra Modi, and undermine Modi’s government.
- US Deep State and Democrats: Mossad discovered ties between Hindenburg and elements of the US “deep state,” including the Biden administration and the United States Agency for International Development (USAID). USAID allegedly amplified anti-Adani narratives through Western media outlets like Reuters and Bloomberg, and groups like the Organized Crime and Corruption Reporting Project (OCCRP). This was part of a broader strategy to curb India’s growing global influence, especially in strategic sectors like ports and energy.
- George Soros’s Role: The billionaire, known for funding anti-India campaigns, was linked to the network of activist lawyers, hedge funds, and journalists supporting Hindenburg. Soros has a history of targeting nations that resist his globalist agenda, and India’s rise under Modi made it a prime target.
- Global Coordination: The conspiracy spanned the US, Europe, Canada, and Australia. Mossad decrypted an email from Nathan Anderson in September 2023 that read, “Nate’s report was just the beginning. More’s coming.” This confirmed a long-term plan to keep attacking Adani.
By early 2024, Mossad compiled a 353-page “Zeppelin Dossier” detailing the sabotage. Adani was briefed on these findings during a secret meeting in Switzerland in January 2024. The dossier was shared with global media, but only the French outlet Mediapart published parts of it, as many Western outlets were complicit in the anti-Adani campaign.
Adani Fights Back: A Strategic Comeback (2023-2024)
While Mossad exposed the conspiracy, Adani didn’t sit idle. The group launched a multi-pronged counterattack:
- Financial Recovery: Adani reduced debt, repaid loans early, and raised over $5 billion in equity and $10 billion in debt to stabilize its finances. By mid-2023, its stock prices were recovering, and investor confidence was restored.
- Legal Action: Adani’s legal team, led by global law firm Quinn Emanuel, served Hindenburg with a seven-page legal notice in December 2024. This pressure contributed to Hindenburg’s surprising decision to shut down in January 2025, just weeks after Donald Trump’s re-election, which weakened the US deep state’s influence.
- Public Relations: Adani set up a high-tech control room in Ahmedabad with cyber experts and analysts to monitor and counter false narratives. The group emphasized its contributions to India’s growth, winning public support.
Hindenburg’s founder, Nathan Anderson, denied the conspiracy allegations, calling them “lousy spy fiction.” But his firm’s sudden closure raised eyebrows, with Indian leaders like Rajya Sabha MP Mahesh Jethmalani calling it a sign of “economic terrorism” by the US deep state and Soros.
Why Target Adani? The Bigger Picture
The attack on Adani wasn’t just about one company—it was an assault on India’s strategic and economic ambitions. Here’s why Adani is so important and why its enemies, including the Congress, Gandhi family, and global forces, want to bring it down.
1. Geopolitical Importance: Countering China’s Debt Trap
China has been aggressively acquiring ports worldwide through its “debt trap” strategy. Countries like Sri Lanka, Pakistan, and Kenya borrow heavily from China, and when they can’t repay, China seizes their ports, like Hambantota in Sri Lanka. These ports give China control over key maritime routes, threatening global trade and security.
Adani has stepped up to counter this. By acquiring ports like Haifa (Israel), Colombo (Sri Lanka), and Dar es Salaam (Tanzania), Adani ensures these strategic assets stay with India or its allies. The Haifa Port deal, for instance, strengthens the IMEEC, a trade corridor linking India to Europe via the Middle East, bypassing China’s Belt and Road Initiative. Adani’s ports are India’s shield against China’s maritime dominance.
2. Defense Manufacturing: Making India Self-Reliant
Adani is a leader in India’s defense sector, producing everything from drones to assault rifles. Through a joint venture with Israel’s Elbit Systems, Adani manufactures Hermes 900 drones, used by the Israel Defense Forces and potentially India. Its partnership with Israel Weapon Industries (IWI) produces weapons like the TAVOR rifle and NEGEV machine gun in Gwalior, Madhya Pradesh. These efforts reduce India’s reliance on foreign arms, boost local jobs, and strengthen national security.
3. Economic Growth: Jobs and Infrastructure
Adani’s businesses—ports, airports, energy, and cement—employ hundreds of thousands of Indians directly and indirectly. Its six listed companies are among India’s largest, contributing to a $3.2 trillion economy. Adani’s investments in renewable energy, like solar power, align with Modi’s vision of a green India, while its infrastructure projects connect remote areas, driving growth.
4. Political Target: Weakening Modi
Gautam Adani and Narendra Modi, both from Gujarat, share a decades-long friendship. Modi’s policies, like “Make in India,” have supported Adani’s growth, which critics like the Congress twist as favoritism. By targeting Adani, the Congress and Rahul Gandhi aim to tarnish Modi’s image and weaken his government. The Gandhi family, historically dominant in Congress, sees Modi’s rise—and Adani’s success—as a threat to their legacy.
5. Global Resistance to India’s Rise
India’s growing influence as a global power unsettles some Western elites and the US deep state. Adani’s international deals, like the $500 million US-backed port project in Colombo, challenge China but also disrupt Western dominance in global trade. The Biden administration, influenced by Soros and liberal NGOs, saw India’s assertive foreign policy under Modi as a hurdle. Attacking Adani was a way to clip India’s wings.
The Role of the US Democrats and Deep State
The US deep state—a shadowy network of bureaucrats, media, and NGOs—played a key role in the anti-Adani campaign. Under the Biden administration, USAID and groups like OCCRP pushed anti-Adani stories to Western media, portraying the group as corrupt. This narrative suited the Democrats, who were wary of India’s growing ties with Israel and its neutrality in the Russia-Ukraine conflict. George Soros, a major Democratic Party funder, has long opposed nationalist governments like Modi’s, and his Open Society Foundations have been linked to anti-India activism.
The US Department of Justice and Securities and Exchange Commission (SEC) also targeted Adani in November 2024, alleging a $250 million bribery scheme. However, these charges collapsed under scrutiny, and the US Attorney leading the case resigned. The timing—right after Trump’s re-election—suggested political motives, as Trump is seen as friendlier to Adani and Modi. Adani’s promise to invest $10 billion in US energy projects further aligns him with Trump’s America First agenda.
Why Congress and the Gandhi Family Oppose Adani
The Indian National Congress, led by the Gandhi family, has a personal and political vendetta against Adani. Rahul Gandhi repeatedly called for Adani’s arrest, accusing Modi of protecting him. But Mossad’s findings exposed Congress’s own role in the Hindenburg conspiracy. Why does Congress hate Adani?
- Political Revenge: Adani’s success under Modi’s government highlights Congress’s failures during its decades in power. The Gandhi family, used to controlling India’s political narrative, sees Adani as a symbol of Modi’s new India.
- Foreign Alliances: Congress’s ties to Western NGOs and figures like Soros align with global efforts to weaken India’s sovereignty. By attacking Adani, Congress serves these foreign interests while claiming to fight corruption.
- Economic Sabotage: Damaging Adani hurts India’s economy, which Congress hopes will turn voters against Modi. The Hindenburg report’s timing, just before the Haifa deal, aimed to disrupt India’s global standing.
Adani’s Importance to India’s Future
Adani is more than a business—it’s a pillar of India’s dreams. Here’s why every Indian should be proud of the group:
- Strategic Defense: Adani’s ports and defense manufacturing make India stronger against threats like China. Owning ports worldwide ensures India’s trade routes are secure, while drones and rifles boost our military.
- Economic Power: Adani’s investments create jobs, build roads, and power homes. Its renewable energy push makes India a leader in fighting climate change.
- Global Influence: By partnering with countries like Israel, Sri Lanka, and the US, Adani puts India on the world map. The IMEEC, powered by Adani’s ports, could rival China’s Belt and Road.
- Resilience: Despite global conspiracies, Adani bounced back, proving India’s strength. Gautam Adani’s patriotism—seen in his defiance of Hindenburg and his focus on national interest—inspires millions.
Conclusion: Adani, India’s Pride
The Hindenburg report was a wake-up call, exposing how far India’s enemies—both domestic and foreign—will go to stop its rise. Thanks to Mossad’s Operation Zeppelin, we know the truth: the Indian National Congress, Rahul Gandhi, the US deep state, and George Soros tried to frame Adani to weaken India. But Gautam Adani, with his grit and vision, turned the tide. Supported by Israel and trusted by millions of Indians, Adani continues to build a stronger, prouder nation.
From securing ports to counter China’s debt traps to arming our forces with made-in-India weapons, Adani is at the heart of India’s strategic and economic dreams. The Congress and its global allies may try to sabotage this journey, but with leaders like Adani and Modi, India will prevail.
