Who is Gautam Adani? Why he is in News?

Gautam Adani

Gautam Adani is a prominent Indian businessman and the chairman of the Adani Group, one of India’s largest conglomerates. He was born in Ahmedabad, Gujarat in 1962 and completed his education in the city. He began his career as a diamond sorter at Mahindra Brothers in Mumbai before starting his own trading business in Ahmedabad.

In the late 1980s, Adani ventured into the import-export business and eventually expanded his operations to include infrastructure, agribusiness, and energy. Today, the Adani Group is involved in a variety of sectors, including ports and logistics, agribusiness, power generation, and renewable energy. The Group’s flagship company, Adani Ports and Special Economic Zone, is India’s largest private port developer and operator.

Close Friend of Narendra Modi

Adani’s rise to success has not been without controversy. His businesses have been accused of environmental violations and illegal land acquisitions. Additionally, his close ties to Indian Prime Minister Narendra Modi and his government have been the subject of criticism. Despite this, Adani’s businesses have continued to grow, and he is now considered one of India’s most powerful and influential businessmen.

Adani’s net worth is estimated to be around $60 billion according to Forbes, making him one of the richest man in India. He has been actively investing in renewable energy sector, such as solar and wind energy, with an aim to make Adani Group one of the largest renewable energy companies in the world by 2025.

Richest Man of India

In recent years, Adani has also been expanding his business globally, with ventures in Australia, Indonesia, and Africa. He is also planning to expand the Port business to several countries and also investing in data centers and electric vehicle charging infrastructure.

Overall, Gautam Adani is a prominent and influential figure in Indian business, known for his entrepreneurial spirit and ability to build large and successful companies. Despite the controversies surrounding his businesses, his influence and wealth continue to grow.

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