Gautam Adani

GAUTAM ADANI – THE DIAMOND OF INDIA

Business Popular Stories

Gautam Adani is a well-known name in the business sector. He is the Founder and Chairman of the Adani Group and ranks among the top 3 industrial conglomerates in India. With the experience of more than 33 years in business, Adani has come a long way to work for the success of Adani Group making it among global integrated infrastructure with business spanning across Energy, Ports, logistics, mining, gas, defense, aerospace, and airports.

The journey of Adani is extraordinary in various ways marked by his ambition and foresight, complementing his dedication and hard work. So let’s take a look at his overall journey right from his education to how he managed to build a global level company.

The Turning Point Of His Life

Born on the 24th of June in 1962, Adani belonged to a middle-class Jain family of Ahmedabad, India. Starting his education at Sheth Chimanlal Nagindas Vidyalaya, he pursued a Bachelor’s degree in commerce at Gujarat University. But his life took a wild turn when he decided to drop out of college and even denied joining his father’s textile business. Mr Adani was always interested in starting a business but held no interest in joining his family for business. Being the visionary that he is, he always knew he had to do something out of the box.

During his scholastic days, he often paid visits to Gujarat’s Kandla port and decided that he would build something similar to that in the foreseeable future. And from there, his journey to becoming the biggest billionaire in India took a step.

While he was still a teenager he moved to Mumbai to join Mahendra Brothers in their diamond business to work as a diamond sorter. And after working for a couple of years there, he moved on to establish his diamond brokerage firm. These risks and tough decisions that he was willing to take, made him a self-made millionaire at the young age of 20.

Kickstart Of A Glorious Career

GAUTAM ADANI - THE DIAMOND OF INDIA
Credit: www.businesstoday.in

Later in 1981, Adani’s elder brother invited him to join his newly bought plastics unit in Ahmedabad. This idea later turned out to be a successful gateway for Adani to the global market through PVC imports.

Initially, when Adani set up his Adani exports, which is now known as Adani Enterprises, it only dealt with agricultural and power commodities. But eventually, Adani decided to expand his business sector as soon as the change in economic policies. His business spread to trading metals, textiles, and agro products.

In 1995, Adani got to live his childhood dream; when the government of Gujarat announced managerial outsourcing of the Mundra Port and Adani Group bagged the contract. Adani transformed it into the largest private sector port in India manifesting his childhood goal to the manifold.

In Addition To The Milestones

Then came the power business sector of Adani group- Adani power which added to the list of another milestone of Adani’s achievements. Adani Power Limited holds thermal power plants that produce up to 4620 MW making this company the largest private producer and the largest solar power in the country.

This later led him to receive the world’s largest solar bid by the Solar Energy Corporation of India worth $6 billion. Not only this, his company has been ranked as the country’s most trusted infrastructure brand in “The brand trust Report 2015”

Key Contributions To The Community 

Working for so long with such talent results in out-of-the-box skills that Adani surely possesses. He cracked a 6,000 crore deal of Udupi Thermal Plant within 100 hours that proves he is a gem of a person.

Being such a successful and occupied entrepreneur he never back out to help the community in any way possible. Along with managing Adani Group, Gautam Adani is also the President of Adani Foundation. Which is managed and run by his wife Priti Adani. And it runs on the 3% of the profit Adani Group Ventures makes.

In the horrifying time of COVID-19 pandemic, he contributed about Rs 100 crore to the PM Cares Funds. He has also set up a public school, Adani Vidya Mandir School in Ahmedabad that provides free education to children belonging to low-income families.

Values That Make Him

Adani’s journey was not easy from the start till now. He has had his fair share of struggles to become the self-made billionaire. Mr Adani is a visionary leader who believes in seizing opportunities whenever it comes. He understands the potential an opportunity holds.

Adani has focused on trying rather than getting obsessed with the results and he has remained to be a man with strong values with an undivided attitude. He has at times shared that working with the government doesn’t always mean you have to give a bribe. And his values have always helped him in achieving such milestones.

Gautam Adani was ranked third most remarkable individual in India by India Today in 2019. His family’s wealth is estimated to be around $79.6 billion. In 2021, he was recorded as the 13th richest man in the world.

His journey is an example of how focus and determination can help a person change his basic start to one of the most successful entrepreneurs of the generation.

Must Read

Leave a Reply

Your email address will not be published.