Gautam Adani has become a legend today by taking his Adani Group’s businesses to new heights. (Reuters) Can improve ₹ 33,000 crore DHFL takeover offer: Gautam Adani 4 min read. Adani Group is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. [29][30][31][32][33] He was being accused of supporting Narendra Modi for his campaign in Bharatiya Janata Party. S ometime in 1999, a group of top Adani Port executives, along with founder Gautam Adani, made their way to a berth at the Mundra port in Gujarat to witness a unique experiment conceived by an enterprising port employee. Adani Enterprises Limited's Corporate Identification Number is (CIN) L51100GJ1993PLC019067 and its registration number is 19067.Its Email address is jaladhi.shukla@adani.com and its registered address is Adani Corporate House, Shantigram Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Ahmedabad GJ 382421 IN , - , . Gautam Adani is the chairman of the Adani Group.In March, 2011 Forbes magazine ranked Adani as the 6th richest person in India and the 81st in its list of billionaires based on his estimated personal wealth of US $10 billion.. Adani Enterprises Limited is an international trading house that operates from offices in India as well as other countries. 951 Cr vs Rs. [27] A contribution of ₹5 crore was made to the Gujarat CM Relief Fund and ₹1 crore to the Maharashtra CM Relief Fund. PTA Adani Global. Gautam Adani (File Pic) New Delhi: Billionaire Gautam Adani on Wednesday said his group is aiming to become the world's largest solar power company by 2025 and the biggest renewable energy firm‎ by 2030. Indian tycoon Gautam Adani can now add one more sector to his vast ports-to-power conglomerate–airports. He founded the Adani Group in 1988 and diversified his business into resources, logistics, energy, agriculture, defence and aerospace, amongst others. Mundra Port is the largest private sector port in India, with the capacity of handling close to 210 million tons of cargo per annum. Jl. According to the Bloomberg Billionaire Index, Gautam Adani’s wealth has increased by about $ 21 billion this year. Adani also sees India emerging as the least expensive producer of renewable energy. Luck and changes in economy worked in his favor and the liberalization and economic reforms of 1991 helped push the growth of the business and increased revenues and profits for his company. Nation-building, for Mr. Adani, means transforming the coastline of India by building a series of ports and related logistics hubs and in the process generate several tens of thousands of jobs. His contribution to the growth of Indian infrastructure and economy ... His company is … 540 Cr in Q2 FY20 ; Adani Airports to acquire controlling interest in Mumbai Airports - Media Statement by Mr Gautam Adani, Chairman, Adani Group Ports tycoon Gautam Adani controls Mundra Port, India's largest, in his home state of Gujarat. From 2009 to 2012, he acquired Abbot Point Port in Australia and Carmichael Coal in Queensland. [12], In 1985, he started importing primary polymers for small-scale industries. The Group's diverse businesses include energy, resources, logistics, agribusiness, real estate, financial services, defence and aerospace. Gatot Subroto. On Monday, Adani Power shares surged 10% as Gautam Adani declared that he plans to delist his group's power utility, Adani Power close on the heels of Anil Agarwal announcing the delisting plans of Vedanta Ltd. Adani Power promoters intend to buy back all shares of the company … Graha Mustika Ratu. In each of its sectors, it is the largest in India. The 8000 MW photovoltaic power plant project will be taken up by Adani Green; and Adani Solar will establish 2000MW of additional solar cell and module manufacturing capacity. [40], "Forbes India Rich List 2019: Mukesh Ambani retains top spot, Gautam Adani second", "The most powerful people of India 2019 | Full list", "Bloomberg Billionaires Index - Gautam Adani", "Transnational Indian Business in the Twentieth Century", "Adani Green hits new high on winning world's largest solar bid worth $7 bn", "Adani wins world's largest solar project; to invest Rs 45,000 crore", "Throwback: When India's fifth richest man was kidnapped for ransom", "Two accused of abducting Gautam Adani 20 years ago acquitted", "Billionaire Survivor of Ransom, Terror Attacks Now Rivals Ambani", "Gautam Adani gives Rs 100 crore to PM Fund to fight coronavirus", "Billionaire Gautam Adani commits to support fight against coronavirus", "Adani Group got land at cheapest rates in Modi's Gujarat", "Adani power project was on the brink of bankruptcy – but the BJP government in Gujarat saved it", "Power Tariff Scam Gets Bigger at Rs. Lantai 3. [7] He has 7 siblings and his parents had migrated from the town of Tharad in the northern part of Gujarat. Gautam Adani went on to establish the Adani group in 1988 and started with dealings in agricultural commodities and power. [4] In 2019, he was ranked as the third most powerful person in India by India Today. Billionaire industrialist Gautam Adani-led Adani Green Energy will invest Rs 45,000 crore to execute the world's largest solar order. Adani Power holds thermal power plants with a capacity of 4620 MW, the largest private thermal power producer of the country. Four entities - Adani … MD & CEO, Adani Transmission Ltd I MD - Thermal Power, CEO, Adani Group North America, and CTO, Adani Group. Until March 2019, Adani Foundation’s pan-India initiatives across key sectors of education, healthcare, community infrastructure, and sustainable livelihood touched more than 3.5 Million direct and indirect beneficiaries in 2300 villages across 18 Indian states. Gautam Adani did not fire that employee and instead, he motivated him to do better and to stay in the company. [2] Adani is the president of the Adani Foundation, which is primarily led by his wife, Priti Adani. [11], In 1981, his elder brother Mansukhbhai Adani bought a plastics unit in Ahmedabad and invited him to manage the operations. Later he enrolled himself in the Gujarat University for a B.Com degree but dropped out of college in the se… [16], In May 2020, Adani won the world's largest solar bid by the Solar Energy Corporation of India (SECI) worth $6 billion. [15], In 2006, Adani entered the Power generation business. Originally, the company dealt in agricultural and power commodities. 2020. [38], It was alleged that the NDA government was favouring Adani by allegedly waiving ₹200 crore fine on Adani Port and SEZ. He worked there for 2-3 years before establishing his own diamond brokerage firm at Zaveri Bazaar, Mumbai. [14], In 1995, he set up the first jetty. Adani Enterprises Consolidated EBIDTA for Q2 FY21 increased by 76% to Rs. It is constituted of 6 publicly traded entities with a market cap of $40 billion (as on 28th Oct 2020) with primary interests in energy, ports & logistics and mining. It means transforming the power scenario in India and mitigating the urban-rural divide by delivering electricity to several hundreds of millions living in the hinterlands of India. He is the Chairman and founder of Adani Group that deals with various sectors. [9] Gautam Adani owns 2 private jets, a Beechcraft jet purchased in 2005 and a Hawker purchased in 2008. Today, the Adani Group is worth US$ 7.1 Billion and its flagship company, Adani Enterprises Ltd was rated among the 50 top performing Asian companies by Forbes magazine. The Company is involved in coal mining, cargo handling and power generation. It means enabling food security by building a modern agriculture supply chain empowering the farmers of our country. Gautam Adani is an Indian billionaire businessman. [17][18], Gautam Adani is married to Priti Adani. Adani Airports, a subsidiary of Adani Enterprises Ltd. had on Monday announced the acquisition of GVK Airport Developers Ltd.’s 50.50% stake in Mumbai International Airport Ltd. Tel : 62-2129226400. www.adanienterprises.com [5] As of 2018[update] he had a 66% stake in Adani Ports & SEZ Limited, 75% stake in Adani Enterprises, 73% stake in Adani Power, and a 75% stake in Adani Transmission Limited. When the company decides to raise the capacity of Carmichael - peak annual capacity is … Other than Gujarat, the Foundation operates in the states of Maharashtra, Rajasthan, Himachal Pradesh, Madhya Pradesh, Chhattisgarh, and Odisha. Gautam Adani is the chairman. Also, ports, logistics, agriculture and edible oils. Gautam Adani is the founder and Chairman of the Adani Group, a leading diverse conglomerate in India. Shares of most of his firms have surged, including those of his mining, gas and ports units. ", "Gautam Adani: We don't seek special favours from BJP or any individual", https://en.wikipedia.org/w/index.php?title=Gautam_Adani&oldid=999859215, Pages with non-numeric formatnum arguments, Articles with short description added by PearBOT 5, Short description is different from Wikidata, Articles containing potentially dated statements from December 2020, All articles containing potentially dated statements, Articles containing potentially dated statements from 2018, Articles with unsourced statements from September 2018, Articles to be expanded from December 2020, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 12 January 2021, at 08:58. In each of its sectors, it is the largest in India. 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