Gautam Adani founded the Adani Group in 1988, which has grown into one of India's largest conglomerates. The group's core businesses include coal trading, commodities, edible oils, mining, port operations, and natural gas distribution. Adani started his career in diamond brokering and took over his brother's plastic business before founding Adani Enterprises. He has built the Adani Group into an $8 billion empire through global trading and investments in critical infrastructure and energy industries.
2. INTRODUCTION
o Gautam Adani founded The Adani Group in 1988 and Adani
Group is one of the largest import export corporations in
India.
The core businesses of the group are coal trading, commodity
trading, edible oil manufacturing, mining,Mundra port
operations and distribution of natural gas.
Apart from its core businesses, the Adani Group has also
diversified into Real Estate, Ports, Special Economic Zones
and IT enabled services.
3. o Gautam Adani is an Indian entrepreneur who has led the
Adani group from a modest background to create a $8 billion
professionally managed empire in a relatively short period of
time.
He is said to be among the 100 most influential businessmen
worldwide in the shipping trade and developing shipping
related infrastructure.
Adani group covers more than 50 companies under it
including adani enterprise,adani port and adani agri,adani
energy and mining etc.
4. EARLY LIFE
o Gautam Adani, Indian businessman and Chairman of Adani Group,
was born in June 24,1962 in Ahmadabad, India to a Gujarati Jain
Family.
o He did his schooling from the Seth C. N. Vidyalya school in
Ahmadabad and enrolled at Gujarat University but he dropped
college in 2nd year.
o Instead of joining father’s textile business,at the age of 18,came to
Mumbai and started career to working as a diamond sorter in
Mahindra brothers for 2 years and at the age of 20, he started his
own diamond brokerage outfit at zaveri bazaar.
5. After one year, his elder brother Munshkhbhai opened a
plastic unit in Ahmadabad and handed over the
responsibility to him.
Soon, he began global trading by importing important
raw material of manufacturing plastic, Polyvinyl
Chloride.
He purchased Beechcraft jet in 2005 and after two years
he purchased Hawker in 2007. Since 2007, he has been
the Chief Executive officer of Mudra and Special
Economic Zone Limited.
6. He is a first generation entrepreneur.
Adani group gives 3 per cent of its profits to the Adani
Foundation. He is particularly proud of Adani Vidya
Mandir, a school in Ahmedabad which admits only
those children whose parents have an annual income
less than Rs.1 lakh.
It is interesting to note that Gautam Adani was once
kidnapped by Anees Ibrahim and was released only
after his family paid Rs. 3 crore as ransom.