Adani Group
 |
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| Public Limited Company | |
| Traded as | : , : ADANIENT |
| Industry | Conglomerate |
| Founded | 1988 |
| Founder | Gautam Adani |
| Headquarters | Ahmedabad, Gujarat, India |
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Area served
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India |
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Key people
|
Gautam Adani (Chairman) |
| Products | Resources, Logistics, Energy & Agribusiness |
| Services | Resources, Logistics, Energy & Agribusiness |
| Revenue |
 US$ 11.9 billion (31st March 2016) |
|
US$ 1.9 billion (31st March 2015) |
|
| Profit |
 US$ 340 million (31st March 2015) |
| Total assets |
US$ 19 billion (As Of March 2015) |
|
Number of employees
|
10,400 (As Of March 2015) |
| Subsidiaries | Adani Ports & SEZ Limited, Adani Power, Adani Gas Limited |
| Website | www |
Adani Group is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. Its diversified businesses include resources, logistics, agribusiness and energy sectors. The Group is the largest port developer and operator in India with Mundra Port beingst commercial port. It owns Fortune, India’s largest edible oil brand through a joint venture with Wilmar International in Singapore. The Flagship Company of the Adani group is Adani Enterprises Limited. In April 2014, it added the 4th unit of 660 MW at its Tiroda Power plant, making Adani power the largest private power producer of the country. In 2015, Adani was ranked India's most trusted infrastructure brand by The Brand Trust Report 2015.
The company was founded in 1988 as a commodity trading business. First generation entrepreneur Gautam Adani is the founder & chairman of Adani Group. According to Mr Gautam Adani,The Group was created with a vision of ‘Nation Building’ by developing assets of national economic significance. This reflects in the choice of businesses the group has entered and developed over the years.
The Adani Group commenced as a commodity trading firm in 1988, grew quickly and diversified into the import and export of multi-basket commodities. In the 1990s, it developed its own port in Mundra to provide a base for its trading operations. In 1995, Adani started construction at Mundra. In 1998, it became the top net foreign exchange earner for India. Soon in 1999, the company commenced coal trading, followed by a joint venture in edible oil refining in 2000 by forming Adani Willmar.
The group’s second phase started with the creation of large infrastructure assets. The company established a portfolio of ports, powerplants, mines, ships and railway lines within and outside India. In 2002, Adani handled 4 million MT of cargo at Mundra, becoming the largest private port in India. Later in 2006, the company became the largest coal importer in India with 11 million MT of coal handling.
The company expanded its business in 2008 as they bought Bunyu Mine in Indonesia having 180 million MT of coal reserves. In the subsequent year, the firm started 330 MW thermal power generation, followed by 2.2 million MT per annum edible oil refining capacity in India.
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