Adani Group plans to set up a think tank that will aid policy thinking in three critical areas — energy transition and climate change, economics and trade, and geopolitics and strategic affairs, according to people familiar with the development, who said the unit might be kicked off as early as May. The think tank will be called Chintan Research Foundation and will be incubated with an initial funding of ₹100 crore.
This move pitches the infrastructure conglomerate in direct competition with RIL-backed Observer Research Foundation or ORF, a think tank that took shape in 1990. ORF, based in New Delhi, has emerged in recent years as one of India's most high-profile thinktanks.
In collaboration with the Ministry of External Affairs, ORF organizes The Raisina Dialogue, India's flagship conference on geopolitics and geo-economics.
«The idea is to create a research foundation that can stand on its own among global think tanks,» said a person familiar with the development, adding that the foundation would function independently of the Adani Group, with a governance structure designed to safeguard its autonomy.
Screening and interviews are underway for a chairperson, members of advisory board, and research staff for the foundation, which will be headquartered in New Delhi.