Born on June 24, 1962, Gautam Shantilal Adani is an Indian billionaire industrialist. He is the chairman and founder of the Adani Group, a multinational conglomerate that develops and operates ports in India.

Adani has been characterized as having a close relationship with the Bharatiya Janata Party government led by Prime Minister Narendra Modi. Since Modi became India's prime minister, his companies have secured numerous contracts related to energy and infrastructure both domestically and internationally, giving rise to accusations of cronyism. Adani and his family's wealth fell by more than half in January 2023 as a result of charges of stock manipulation and fraud by American short selling activist firm Hindenburg Research.

Early Life

Adani was born in Ahmedabad, Gujarat, on June 24, 1962, into a Gujarati Jain family consisting of Shantaben Adani, the mother, and Shantilal Adani, the father. He's got seven siblings. His parents had moved to Gujarat from the northern town of Tharad. His dad owned a modest textile business.

He received his education at Ahmedabad's Sheth Chimanlal Nagindas Vidyalaya. He enrolled at Gujarat University to pursue a bachelor's degree in commerce, but he left after the second year. Adani enjoyed business, but not the textile company run by his father.


Adani relocated to Mumbai in 1978 as a teenager to work for Mahendra Brothers as a diamond sorter.

His older brother Mahasukhbhai Adani asked him to oversee the operations of a plastics unit he had purchased in Ahmedabad in 1981. This business endeavor proved to be Adani's entry point into international trade via the importation of polyvinyl chloride (PVC).

He began bringing in primary polymers for small-scale industries in 1985. Adani founded Adani Exports, the holding company of the Adani Group, in 1988. It is currently called Adani Enterprises. The business initially dealt in commodities related to agriculture and power.

The Gujarati government announced managerial outsourcing of the Mundra Port in 1994, and Adani was awarded the contract in 1995.

Adani founded Adani Power, the Adani Group's power division, in 1996. The largest private producer of thermal power in the nation, Adani Power, owns thermal power plants with a combined capacity of 4620 MW.

In 2002, a senior M S Shoes official filed a cheating complaint, leading to Adani's arrest by Delhi Police on the basis of a non-bailable warrant (NBW). The following day, after learning that the parties were trying to reach a compromise, the court withdrew the NBW.

Twelve people were charged by the Serious Fraud Investigation Office (SFIO) in 2012, including Adani, with engaging in fraudulent activities and criminal conspiracy pertaining to the purchase and sale of shares. Adani Agro allegedly supplied money and shares for conducting unlawful operations, according to SFIO. In May of 2014, Adani and the other accused in this case were cleared by a local court in Mumbai.Nevertheless, the clean chit granted to Adani in this case was overturned by a Mumbai sessions court in 2020.

The Solar Energy Corporation of India (SECI) awarded Adani the world's largest solar bid in May 2020, with a value of US$6 billion. Adani Green will undertake the 8000MW photovoltaic power plant project, while Adani Solar will add 2000MW of solar cell and module manufacturing capacity.

Adani acquired a 74% stake in Mumbai International Airport, India's second busiest after Delhi

Speaking at the Bloomberg India Economic Forum in November 2021, Adani announced that the group is investing US$70 billion in a new green energy venture. He revealed further information in July 2022 about how this investment will be used to construct three enormous factories: wind turbine plants, solar power plants, and electrolyzers (used to produce green hydrogen).

He surpassed Mukesh Ambani to become Asia's richest person in February 2022, and Fortune ranked him as the third richest person in the world in August 2022.

Adani Group subsidiary AMG Media Networks Limited (AMNL) announced in August 2022 that it intended to acquire RRPR Holding,which owned 29.18% of national news broadcaster NDTV, and extended an open offer to purchase an additional 26%. The company's founders, former journalist Radhika Roy and her husband Prannoy Roy, are economists. According to a statement from NDTV, Adani obtained his stake through a third party without telling them, and the deal was completed "without discussion, consent or notice."Due to Adani's perceived closeness to the ruling Bharatiya Janata Party of Prime Minister Narendra Modi, concerns were also raised about editorial independence in India in light of this bid. It was stated that Adani held the largest shareholding in NDTV by December 2022. According to the Economist, prior to Adani acquiring NDTV, Despite being "critical of the government," the news channel was once supine.

List of all companies owned by Adani Group


Adani Green Energy Logo
Adani Green Energy Limited (AGEL) is an Indian renewable energy company, headquartered in Ahmedabad, India. It is owned by Indian conglomerate Adani Group. The company operates Kamuthi Solar Power Project, one of the largest solar photovoltaic plants in the world.

Under the Companies Act of 2013, the business was established on January 23, 2016, under the name Adani Green Energy Limited.

Incorporation Year : 2015
Revenue : $1.1 Billion

 Adani Ports & SEZ Logo
Based in Ahmedabad, India, Adani Ports and Special Economic Zone Limited is a multinational port operator and logistics firm. With a network of 12 ports and terminals, including India's first port-based Special Economic Zone (SEZ) at Mundra, and the country's first deepwater transshipment port, Vizhinjam International Seaport Thiruvananthapuram (Trivandrum Seaport), APSEZ is the country's largest private port operator.

In 2017, APSEZ, via its subsidiary Adani Logistics Ltd., ran three inland container depots (ICD). They purchased an extra ICD from Navkar Corporation in Tumb, Gujarat, in August 2022.

Incorporation Year : 1998
Revenue : $2.8 Billion

 Adani Power Logo
Adani Power is a multinational power and energy company based in Khodiyar, Ahmedabad, India. It is a subsidiary of the Adani Group. It is a privately owned thermal power producer with a 12,450 MW capacity. It also runs a 40 MW mega solar plant in Naliya, Bitta, Kutch, Gujarat. In Jharkhand, Adani Godda Power is building a 1,600 MW plant. Long-term power purchase agreements totaling approximately 9,153 MW have been inked by the company with the governments of Gujarat, Maharashtra, Haryana, Rajasthan, Karnataka, and Punjab.

Adani Power Ltd (APL) is an electricity utility, which operates and maintains thermal and solar power projects. APL is one of the largest Private sector Independent Power Producer (IPP) in India.

Incorporation Year : 1996
Revenue : $ 5.4 Billion

 Adani Energy Logo
Adani Energy Solutions Ltd., based in Ahmedabad, was formerly known as Adani Transmission Ltd., and it is a company that transmits electricity. It is currently one of India's biggest power transmission companies in the private sector. The company will have 12,200 circuit kilometers in operation as of July 2020, and over 3,200 circuit kilometers are being built at various stages.

Gautam Adani separated the ten-year-old transmission business from Adani Enterprises and founded Adani Transmission in December 2015. When the company was established, it took on the role of principal guardian for over 3800 circuit kilometers of transmission lines that connected Mundra, Dehgam, Mundra, Mohindergarh, and Tirora-Warora. These lines originated at the Mundra Thermal Power Station.

Incorporation Year : 2013
Revenue : $1.7 Billion

 Adani Entreprises Logo
A member of the Adani Group, Adani Enterprises Limited (AEL) is an international holding company based in India that is publicly traded. Its main business is the mining and trading of coal and iron ore, and its headquarters are located in Ahmedabad. It also has business interests in edible oils, data centers, road, rail, and water infrastructure, airport operations, and solar manufacturing through its various subsidiaries.

Adani Exports Limited was the name under which the company was incorporated in 1993. It primarily handles the group's independent natural resources, power trading, and integrated resources management operations. Its main objective is to serve as the Adani Group's internal startup incubator until its new ventures are able to support themselves.

Incorporation Year : 1993
Revenue : $17 Billion

 Adani Wilmar Logo
India is home to the global food and beverage conglomerate Adani Wilmar Limited (AWL). The largest palm oil processor in India is a joint venture between Adani Enterprises and Wilmar International. The company was established in 1999, and Ahmedabad, India, serves as its headquarters. Currently, the group operates 22 plants spread throughout ten Indian states. It ships its goods to South East Asia, Africa, and the Middle East.

Adani Enterprises and Singapore-based Wilmar International formed Adani Wilmar Ltd. as an equal joint venture in 1999.

Incorporation Year : 1999
Revenue : $7.3 Billion

 Adani Total Gas Logo
In order to supply compressed natural gas (CNG) to the transportation sector and piped natural gas (PNG) to the industrial, commercial, and residential sectors, Adani Total Gas is building City Gas Distribution (CGD) Networks. Customers can benefit from high levels of safety, convenience, and economic efficiency thanks to natural gas, which is a convenient, dependable, and environmentally friendly fuel.

To be a global leader in companies that improve people's lives and help countries develop their infrastructure by creating sustainable value.

Incorporation Year : 2005
Revenue : $0.53 Billion

 Ambuja cements Logo
A significant Indian cement manufacturer is Ambuja Cements Limited, formerly Gujarat Ambuja Cement Limited (GACL). The Group sells clinker and cement to both home and international consumers.

Beginning in 2006, the business and Holcim, the world's second-largest cement producer, formed a strategic alliance. Holcim had paid ₹2,140 crore in January to purchase a 14.8 percent promoter stake in the GACL.

Incorporation Year : 1983
Revenue : $5.0 Billion

ACC Logo
Mumbai is home to the Indian cement manufacturer ACC Limited (formerly known as The Associated Cement Companies Limited). It is a member of the Adani Group and a subsidiary of Ambuja Cements. The Associated Cement Companies Limited was renamed as ACC Limited on September 1, 2006. The business was founded on August 1, 1936, in Mumbai, Maharashtra.

Eleven cement firms from the Tata, Khatau, Killick Nixon, and FE Dinshaw groups united to become The Associated Cement Companies in 1936. The inaugural chairman of the ACC was Sir Nowroji B. Saklatvala. Several well-known industrialists were on the first board of directors, including Sir Akbar Hydari, Nawab Salar Jung Bahadur, Dharamsey Khatau, Ambalal Sarabhai, J R D Tata, and Sir Homy Mody.

The list of companies that were merged: The Indian Cement Co. Ltd.,The Katni Cement and Industrial Co. Ltd., Budhi Portland Cement Ltd., The Okha Cement Co. Ltd., The Gwalior Cement Company Ltd., The United Cement Co. Ltd., The Coimbatore Cement, The Dewarkhand Cement Co. Ltd., The C. P. Cement Co. Ltd.

Incorporation Year : 1936
Revenue : $2.8 Billion

Donation By Adani Group

On Gautam Adani’s 60th birthday, the Adani Family commits Rs 60,000 Cr to charity

COURAGE. TRUST. COMMITMENT. At Adani Power, we recognise that our actions and operations have an impact beyond the obvious.

To be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.

Solar Manufacturing. India's largest integrated solar manufacturing company.
Natural Resources.
Fueling the growth of Indian economy.
Defence and Aerospace.
Development and rehabilitation of sewage treatment plants and its associated infrastructure.
Road Metro and Rail.
Data Center.
Edible Oils & Food.

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