Gautam Adani
Gautam Adani
Gautam Adaniis an Indian business tycoon who is the chairman and founder of Adani Group. According to Forbes, his personal wealth is estimated to be $7.1 billion as of September 2014. He founded The Adani Group in 1988 and today it is a globally integrated infrastructure player with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation, Agri Infrastructure, edible oil & transmission and gas distribution. With business experience of more than 33 years,...
NationalityIndian
ProfessionEntrepreneur
Date of Birth24 June 1962
CityAhmedabad, India
CountryIndia
The upward revision of import duty, from 1 per cent to over 4 per cent on steam coal imports, will adversely impact the industry, as it will lead to increase in cost of power generation.
From my experience in working with bureaucrats and politicians, if you are a credible business group, they will definitely help you. At the end of the day, they, too, want development of their constituency, state or country.
Any commodity that sees its price going higher will see new mines opening up. When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.
Adani Enterprises is well on track to realize its aim of emerging as India's largest private sector energy and logistics conglomerate.
Along with opportunities, there also exist many other tricky and complex issues to be managed in India. These include tackling both policy-level challenges and infrastructure challenges.
I'm a school dropout. So, at the age of 16, I moved to Mumbai to try my luck on some business.
I don't like politics. I am not aligned to any political party. I have friends in all political parties.
Either you sit on the pile of cash, or you continue to grow.
I analyse in my own way, in very simple, no-jargon language. If somebody is talking in very complicated way, I never like that.
Either you are extrovert or introvert, and so I am an introvert in that sense. I'm not a social person that wants to go to parties.
When you are in the infrastructure sector, you've to work along with the government.
One of the strengths of Adani is that, because we are controlling mines, ships, ports and logistics, we are the cheapest solution provider for end users.
Business is all about risk taking and managing uncertainties and turbulence.
Dealing with the government does not mean you have to give a bribe.