A recent report published by CounterPunch Magazine has shed light on the complicity of Western and Indian corporations in supporting the Israeli genocide against Palestinians, revealing how global business empires have profited from occupation, war, and ethnic cleansing.
The report affirmed that United Nations and independent investigations have documented how major companies — including Amazon, Google, Lockheed Martin, and others — have materially benefited from the crimes committed by the Israeli occupation.
A Genocide Broadcast Live
According to the report translated by Arabi21, the Israeli genocide against the Palestinian people has been ongoing for two years. Amnesty International described it as “a genocide broadcast live”, with more than 66,000 Palestinians martyred, including 20,000 children — meaning one Palestinian child is killed every hour since October 2023.
More than two million Palestinians in Gaza have been forcibly displaced due to relentless bombardment, while thousands more in the West Bank have faced forced expulsion under a systematic policy of ethnic cleansing.
During these two years, Israel has violated the sovereignty of seven regional countries, from Lebanon to Qatar, leaving numerous victims without any accountability or response from the United Nations.
However, global public opinion has begun to turn decisively against Israel. When Benjamin Netanyahu addressed the UN General Assembly, most delegations walked out, leaving the hall nearly empty. The Israeli leader is now unwelcome in many countries around the world.
Western Support for Genocide
The magazine noted that despite mounting condemnation, some governments continue to provide political and military backing for Israel’s ongoing atrocities. This has been thoroughly documented in two major reports:
- One by UN Special Rapporteur Francesca Albanese, titled “From the Economy of Occupation to the Economy of Genocide” (June 2025).
- Another by Hajira Boothig from the Centre for Financial Accountability in New Delhi, titled “Profit and Genocide: India’s Investments in Israel” (September 2025).
According to CounterPunch, the United States remains Israel’s closest ally, having used its veto at the UN Security Council six times — most recently in September 2025 — to block resolutions calling for an end to the genocide. Washington has sent over a thousand shipments of weapons to Tel Aviv since October 2023.
Similarly, European countries, despite their pledges to recognise Palestine, have failed to impose sanctions on Israel. Instead, they have suppressed peaceful protests against genocide within their own borders, all while continuing lucrative arms deals with Tel Aviv.
Albanese’s UN report revealed that Western corporations are directly complicit in the genocide across all occupied Palestinian territories — from Gaza to the West Bank — through eight sectors:
- military manufacturing,
- technology,
- construction,
- mining,
- finance,
- insurance,
- academia, and
- charitable organisations.
The report contains a database of nearly 1,000 institutional entities, led by companies such as Amazon, Google, Caterpillar, Lockheed Martin, and Microsoft. It stresses that international law provides no protection for corporations involved in crimes of genocide, calling for comprehensive sanctions and the severing of trade relations with Israel until the occupation and genocide are brought to an end.
India’s Role in the Genocide Economy
The report also highlighted the rapidly growing alliance between India and Israel, pointing to a disturbing pattern of economic and military cooperation. Indian Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu have publicly exchanged congratulations on multiple occasions, while in September 2025, Israel’s far-right Finance Minister Bezalel Smotrich signed a massive investment agreement with his Indian counterpart Nirmala Sitharaman.
Just days later, the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory declared that Israel has committed genocide against the people of Gaza.
Media investigations, including reports by Al Jazeera, have exposed continued weapons transfers between India and Israel over the past two years, supported by official documentation.
Albanese’s report also traced arms shipments from a company based in Hyderabad directly to the Israeli occupation.
Until recently, there had been no comprehensive study of India’s involvement in the genocide. That gap was filled by the Centre for Financial Accountability through Boothig’s research, which meticulously documented the role of Indian billionaires and their conglomerates in sustaining Israel’s war machinery.
Indian Corporations Profiting from Occupation
Among the most prominent corporations cited were:
- Adani Group – manufactures drones used in Gaza, operates the Port of Haifa, and owns a subsidiary within the Israeli Navy, which manages its submarine fleet.
- Tata Group – participated in Project Nimbus, Israel’s mass-surveillance initiative, and sold military vehicles to the occupation.
- Reliance Industries – partnered with Israeli firms to build Israel’s digital infrastructure.
- Jain Irrigation Systems – provides irrigation systems to illegal settlements in the occupied West Bank.
According to the report, these companies are not merely commercial partners — they are active enablers of war crimes, contributing to the sustainment of occupation, surveillance, and genocide.
Corporate Complicity in War Crimes
The magazine concluded by affirming that Indian and Western investments alike directly sustain Israel’s system of oppression.
Such involvement, it warned, raises serious legal and moral questions about the complicity of these corporations in international crimes.
“These investments,” the report concluded, “represent not just economic collaboration, but direct participation in a genocidal regime — one that profits from the destruction of Palestinian lives and land.”
