Gautam Adani
Chairman, Adani Group- Adani Transmissions Limited
- Adani Power Limited
- Adani Ports and Special Economic Zone
- Adani Enterprises Limited
Gautam Adani's Journey so far ...
- Gautam Shantilal Adani’s business journey began when he dropped out of college and moved to Mumbai to gain some real-life work experience
- He started off as a diamond sorter at Mahendra Brothers, and within a few years set up his own diamond brokerage firm in Mumbai’s Zaveri Bazaar
- After a short stint in Mumbai, he returned to Ahmedabad to work with his brother in the latter’s plastic factory. It was here that he ventured into global trading by making the decision to import PVC (polyvinyl chloride) which was widely used to manufacture plastic
- Growth in the PVC import business continued and in 1988, Adani Group was officially established with interests in power and agricultural commodities
- Thanks to the 1991 economic reforms, Adani’s business soon diversified and became a multinational conglomerate
- The year 1995 marked a big success for Adani when his company bagged the contract for operating the Mundra port which went on to become India’s largest private-sector port
- Adani furthered his diversification endeavours with the incorporation of Adani Power Ltd. in 1996. A decade later, the company entered the power generation business and currently is the largest private thermal power producer in India
- Today, the Adani Group is a global conglomerate with interests in power, renewables, gas distribution, logistics and real estate among others. While Gautam Adani’s businesses have combined revenues of around $11 billion, he himself is one of the wealthiest individuals of India
Before you go ...
- According to reports, Adani was allegedly kidnapped in 1998
- He was also one of the survivors of the 2008 Mumbai terrorist attack on the Taj Mahal Palace hotel
Gautam Adani News
Adani Group plans to invest approximately USD 60 billion in the power sector by FY32, with a significant focus on renewable energy expansion. The group aims to increase its renewable energy capacity to 50 GW by FY30, investing USD 17 billion in transmission and distribution capabilities. Adani Power will invest USD 22 billion to reach a 41.
Vedanta Group has emerged as the winning bidder for the debt-ridden Jaiprakash Associates (JAL), surpassing Gautam Adani's Group in a competitive acquisition process. The mining conglomerate's bid of Rs 17,000 crore translated to a net present value of Rs 12,505 crore. JAL, facing insolvency proceedings due to loan defaults, attracted multiple bidders, with Vedanta ultimately securing the deal.
Pakistani-American businessman Sajid Tarar has caused uproar with claims that the Pakistan Army could strike India’s business hubs rather than engage in border skirmishes. His role in arranging a White House lunch between Donald Trump and Pakistan’s Army Chief Asim Munir has also placed him under the spotlight. Munir himself has warned of possible attacks on Indian economic assets, heightening concerns.
Gautam Adani's conglomerate is increasing female leadership, including family members, to meet diversity goals. Srushti Adani will lead digital initiatives, while Diva Adani will focus on airport business strategies. This move reflects a broader trend in Indian conglomerates, balancing family control with evolving roles for women in key decision-making positions.
Adani Group's Vizhinjam International Seaport has achieved a major milestone. The port handled over 1 million TEUs in nine months. Kerala's Minister for Ports, V N Vasavan, marked this achievement at a ceremony. Vizhinjam has welcomed over 460 vessels since its launch in December 2024. The port exceeded initial projections. It is reshaping India's maritime map.
As the Adani Group continues to navigate its financial future, the shift towards domestic lenders appears to be a strategic move, reflecting both the changing dynamics of Indian banking and the group's efforts to maintain financial stability in a rapidly evolving market.
Adani Group chairman Gautam Adani, speaking at IIT Kharagpur’s 75th Foundation Day, highlighted India’s vulnerabilities in energy, semiconductors, data, and defense.
Adani family tops the Hurun India list of valuable first-generation businesses. Their valuation stands at fourteen lakh crore rupees. Poonawalla family, with Serum Institute, secures the second position. Divi family, known for Divi's Laboratories, ranks third. The list includes families from diverse sectors. These families represent Indian entrepreneurship. Their successors are contributing to business growth.
Kenya is seeking $2 billion in international development loans to expand Nairobi's Jomo Kenyatta International Airport, including a second runway and new terminal. This follows the cancellation of a deal with Adani Group. The nation plans to issue a 175 billion shilling bond, both locally and abroad, to finance road construction, securitizing a portion of the fuel levy.
Gautam Adani, addressing IIM Lucknow students, envisioned India as a $25 trillion economy by 2050, urging them to embrace bold, future-oriented thinking. He highlighted India's demographic advantages, rising demand, digital infrastructure, and domestic capital as key drivers of this transformation. Adani emphasised the importance of innovation, risk-taking, and staying rooted in India's civilisational values.
