Adani Group Navigates US Solar Tariffs, Boosting Profits

Imagine the US made it expensive to buy solar panels from China.

The Adani Group in India saw an opportunity.

One company makes solar panels and sells them to the US where they get a good price.

Another company in the same group builds a huge solar farm in India, using panels from different companies, some from China and some from India.

This lets the group make the most of different rules in different countries.

The first company made a lot more money because of the high demand in the US.

However, India is starting to make its own rules that might change this plan.