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Adani Group opts out after Wharton's decision on Narendra Modi

CNN-IBN | Updated Mar 04, 2013 at 09:40pm IST

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New Delhi/Mumbai: The Adani Group on Monday evening decided to withdraw its sponsorship of the Wharton forum following strong reactions over the US institution's decision to cancel Gujarat Chief Minister Narendra Modi's keynote address. A statement issued by event organising team of Wharton said that the Adani Group would no longer be a "platinum sponsor of the programme. There are five other sponsors sharing the costs".

Wharton's decision to cancel Modi's address also led Shiv Sena leader Suresh Prabhu opting out of the programme. Bharatiya Janata Party (BJP) downplayed cancellation of the invite from Wharton to Modi, saying he does not need a certificate from any international body.

Wharton took this decision in the wake of opposition to Modi - who has drawn flak for his alleged role in allowing the 2002 post-Godhra riots - from some of its students and university professors.

Adani Group opts out after Wharton\'s decision on Modi

A statement issued by event organising team of Wharton said that the Adani Group would no longer be a \'platinum sponsor of the programme\'.

Modi was to deliver his address on 22-23 March via video-conference. Three Indian-American professors from the University of Pennsylvania had sent a petition to Wharton signed by about 135 people "furious" against the invitation to Modi.

Prabhu, who was invited to speak at the same programme, termed this decision "ridiculous" and announced that he will not attend as a mark of protest. "It was Wharton which invited him. Modi did not ask that he be invited. And if you are calling off the invite, I think it is not only an insult of the Gujarat chief minister but of the entire country," Prabhu said.

The Shiv Sena leader maintained that Modi is a democratically elected leader and a "three-term chief minister". The Adani Group, which has a big presence in Gujarat and is reportedly close to Modi, promptly withdrew its sponsorship of the Wharton India Economic Forum, which is organising the programme.

Group chairman Gautam Adani has also decided not to participate in the programme. "Adani had conveyed his inability to join Wharton India Economic Forum long back as he has other pressing commitments," a group spokesperson said in Ahmedabad on Monday. "Our participation at the event is just by way of sponsorship," he said.

BJP was dismissive of the cancellation of Modi's invitation. "It is Modi's acceptance in India that matters. He needs no certificate from any international forum. He had not filed an application to speak at Wharton. They had invited him. Let them keep it," BJP spokesperson Shahnawaz Hussain told reporters in reply to a question.

With additional information from PTI

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Narendra Modi

Posted on May 21, 2013 at 08:33AM IST
Narendra Modi is the Chief Minister of Gujarat, a state which he has been able to successfully convert into an investment hotpsot. Born on September 17, 1950, in a small town of Vadnagar in Mehsana district in North Gujarat, he completed his s ...

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