Gautam Adani’s Business Portfolio
1Adani Enterprises Limited
Founded: 1988
Valuation: $42B (Market Cap as of recent estimates)
Focus: Conglomerate (Infrastructure, Energy, Logistics)
2Adani Ports and Special Economic Zone Limited
Founded: 1998
Valuation: $25B (Market Cap as of recent estimates)
Focus: Port Management and Logistics
3Adani Power Limited
Founded: 1996
Valuation: $18B (Market Cap as of recent estimates)
Focus: Thermal Power Generation
4Adani Green Energy Limited
Founded: 2015
Valuation: $22B (Market Cap as of recent estimates)
Focus: Renewable Energy (Solar, Wind)
5Adani Total Gas Limited
Founded: 2005 (as a JV with TotalEnergies)
Valuation: $10B (Market Cap as of recent estimates)
Focus: Natural Gas Distribution
6Adani Energy Solutions Limited
Founded: 2015 (formerly Adani Transmission)
Valuation: $12B (Market Cap as of recent estimates)
Focus: Power Transmission and Distribution
7Adani Wilmar Limited
Founded: 1999 (as a JV with Wilmar International)
Valuation: $4B (Market Cap as of recent estimates)
Focus: Edible Oils and FMCG
8Ambuja Cements Limited
Founded: 1983 (acquired by Adani in 2022)
Valuation: $10B (Market Cap as of recent estimates)
Focus: Cement Manufacturing
9ACC Limited
Founded: 1936 (acquired by Adani in 2022)
Valuation: $5B (Market Cap as of recent estimates)
Focus: Cement Manufacturing
10NDTV
Founded: 1988 (acquired by Adani in 2022)
Valuation: $0.3B (Estimated post-acquisition value)
Focus: Media and Broadcasting
Gautam Adani’s Business Investment Timeline
- 1988: Gautam Adani established Adani Exports Limited, initially focusing on agricultural commodities trading. This marked the foundation of what would become the Adani Group.
- 1995: Adani entered the port sector, securing the operational contract for Mundra Port, a pivotal move that would become the cornerstone of his logistics empire.
- 1999: Adani ventured into the power sector, establishing Adani Power, aiming to address India’s growing energy demands.
- 2006: Adani expanded into coal mining, acquiring coal mines in Indonesia, securing vital resources for his power generation businesses and broadening the scope of the group’s operations.
- 2009: Adani entered the renewable energy sector, establishing Adani Green Energy, recognizing the increasing importance of sustainable energy solutions.
- 2011: Adani Ports and Special Economic Zone Limited (APSEZ) became India’s largest private port operator, solidifying its dominance in the logistics sector.
- 2015: Adani entered into solar manufacturing, aiming to increase domestic solar panel production and contributing to India’s renewable energy goals.
- 2019: Adani acquired a significant stake in Mumbai International Airport Limited (MIAL), marking a major foray into the aviation sector and expanding its infrastructure portfolio.
- 2021: Adani Group announced significant investments in data center development, recognizing the growing importance of digital infrastructure in the modern economy.
- 2022: Adani Group made a significant acquisition in the cement industry, acquiring Holcim’s India assets, Ambuja Cements and ACC, substantially diversifying the group’s portfolio.
- 2022: Adani Enterprises announced its plan to invest heavily in the green hydrogen ecosystem, demonstrating a commitment to future sustainable energy technologies.
- 2023: Adani group has faced scrutiny and market volatility following a report from Hindenburg Research, leading to adjustments in investment strategies and a focus on debt reduction.
- 2023: Despite the market volatility, the Adani group continues to expand its infrastructure portfolio, including ongoing developments in port and airport sectors.
- 2024: The Adani Group has emphasized a renewed focus on core infrastructure projects and sustainable energy, while working to regain investor confidence.