Adani Group, one of the leading businesses groups and is one of the fastest growing companies in India and World. Gautam Adani (born June 24, 1962 in Ahmedabad, India) is the Chairman of the Group, a leading trading and Export Company of India. He has been serving Group as Chairman from the year 1988 to present time. On November 16, 2007, Forbes magazine announced that Adani was the 13th richest person in India with a personal wealth of US$6.7 billion, making him the first billionaire from the city of Ahmedabad.
Gautam Adani worked in Mumbai as a diamond sorter at Mahindra Bros. After working there for two years, 20 at the time, set up his own diamond brokerage outfit at Zaveri Bazaar and made his first lakhs.
In 1981, 1 year later, his elder brother Mansukhbhai, bought a plastics unit in Ahmedabad and asked Gautam to run the unit. This marked the foundation of Adani's venture into global trading by beginning to import polyvinyl chloride (PVC), a key raw material for manufacturing plastics. After the economic liberalization, the import duty on various goods was slashed, and profits of Adani Exports, then his flagship company, grew enormously.
Gautam Adani’s matchless expertise in international trade, solution oriented approaches, originality and patience in an increasingly competitive, and rapidly expanding trading market has seen the Adani group transform itself from a trading house to an infrastructure builder and basic utility provider.
The Group is an Indian company with revenues of $3.5 billion. The core business of the group is Commodities Trading, Edible oil Manufacturing, Mundra port operations and distribution of Natural Gas. The various companies under Adani group are -
- Adani Enterprises Ltd.
- Adani Power Ltd.
- Adani Retail Ltd.
- Adani Wilmar Ltd.
- Gujarat Adani Energy Ltd.
- Gujarat Adani Port Limited
- iCall India Limited
- Mundra Port and Special Economic Zone limited
- Adani Agri Logistics Limited
- Adani Agri Fresh Limited
The corporate headquarters of the company are located in the city of Ahmedabad, Gujarat, India.