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== History ==
== History ==


The holding company was incorporated in 1993 under the name Adani Exports Limited.<ref>{{Cite news|title=Adani Enterprises Ltd.|work=Business Standard India|url=https://www.business-standard.com/company/adani-enterp-4244/information/company-history#:~:text=Adani%20Enterprises%20Ltd%20was%20incorporated,status%20in%20the%20year%201993.&text=The%20company%20introduced%20new%20products,Seeds%20Sorghum%20and%20Barley%20etc|access-date=2021-07-20}}</ref> Its general purpose is to act as an in-house incubator for the [[Adani Group]] till the companies get listed in the stock exchanges.<ref>{{cite news |title=Adani Enterprises Limited - CARE Ratings Analyst Report |url=https://www.careratings.com/upload/CompanyFiles/PR/Adani%20Enterprises%20Limited-09-30-2020.pdf |access-date=20 July 2021 |work=CARE Ratings |date=30 September 2020}}</ref><ref>{{Cite book|last=Dhir|first=Sanjay|url=https://books.google.co.in/books?id=gsiSDwAAQBAJ&pg=PA1&dq=Adani+Enterprises&hl=en&newbks=1&newbks_redir=0&sa=X&ved=2ahUKEwi13NyirfPxAhWuzDgGHVYEDj8Q6AEwA3oECAcQAg#v=onepage&q=Adani%20Enterprises&f=false|title=Cases in Strategic Management: A Flexibility Perspective|last2=Sushil|date=2019-04-16|publisher=Springer|isbn=978-981-13-7064-9|language=en}}</ref>
The holding company was incorporated in 1993 under the name Adani Exports Limited.<ref>{{Cite news|title=Adani Enterprises Ltd.|work=Business Standard India|url=https://www.business-standard.com/company/adani-enterp-4244/information/company-history#:~:text=Adani%20Enterprises%20Ltd%20was%20incorporated,status%20in%20the%20year%201993.&text=The%20company%20introduced%20new%20products,Seeds%20Sorghum%20and%20Barley%20etc|access-date=2021-07-20}}</ref> Its general purpose is to act as an in-house incubator for the [[Adani Group]] till the companies get listed in the stock exchanges.<ref>{{cite news |title=Adani Enterprises Limited - CARE Ratings Analyst Report |url=https://www.careratings.com/upload/CompanyFiles/PR/Adani%20Enterprises%20Limited-09-30-2020.pdf |access-date=20 July 2021 |work=CARE Ratings |date=30 September 2020}}</ref><ref>{{Cite book|last1=Dhir|first1=Sanjay|url=https://books.google.com/books?id=gsiSDwAAQBAJ&q=Adani+Enterprises&pg=PA1|title=Cases in Strategic Management: A Flexibility Perspective|last2=Sushil|date=2019-04-16|publisher=Springer|isbn=978-981-13-7064-9|language=en}}</ref>


It is a publicly listed company encompassing the following businesses: [[Photovoltaic system|solar PV module]] manufacturing,<ref>{{cite news |title=Adani Green arm transfers 74% stake held in Mundra Solar Energy to Adani Enterprises |url=https://www.indiainfoline.com/article/news-top-story/adani-green-arm-transfers-74-stake-held-in-mundra-solar-energy-to-adani-enterprises-121052400237_1.html |access-date=1 June 2021 |work=India Infoline}}</ref> water infrastructure,<ref>{{cite news |title=Adani Enterprises incorporates subsidiary - Prayagraj Water |url=https://www.business-standard.com/article/news-cm/adani-enterprises-incorporates-subsidiary-prayagraj-water-118122700425_1.html |access-date=1 June 2021 |work=Business Standard India |date=2018-12-27}}</ref> [[data center]]s,<ref>{{cite news |title=Adani Enterprises, EdgeConneX form new data center JV, AdaniConneX |url=https://www.livemint.com/companies/news/adani-enterprises-edgeconnex-form-new-data-center-jv-adaniconnex-11614052245227.html |access-date=1 June 2021 |work=mint |date=2021-02-23 |language=en}}</ref> agri-output storage and distribution,<ref>{{cite news |last1=Singh |first1=Ruchira |title=Adani in slow, strategic bid to stay ahead in agriculture |url=https://www.livemint.com/Companies/FLrzHPxTLdCJdwjWPihI5K/Adani-in-slow-strategic-bid-to-stay-ahead-in-agriculture.html |access-date=1 June 2021 |work=mint |date=2015-01-21 |language=en}}</ref> defence and aerospace,<ref>{{cite news |title=Adani Enterprises gains as Airbus, Adani Defence sign MoU |url=https://www.business-standard.com/article/news-cm/adani-enterprises-gains-as-airbus-adani-defence-sign-mou-120020700337_1.html |access-date=1 June 2021 |work=Business Standard India |date=2020-02-07}}</ref> [[bunkering]],<ref>{{cite news |last1=Sood |first1=Jyotika |last2=Bhaskar |first2=Utpal |title=Adani Enterprises plans ship-fuelling business expansion |url=https://www.livemint.com/Companies/HBjJhxDsT7rOB4UYHRCjcI/Adani-Enterprises-plans-shipfuelling-business-expansion.html |access-date=7 June 2021 |work=mint |date=28 February 2017 |language=en}}</ref> rail and [[Rapid transit|metro]] infrastructure,<ref>{{cite news |last1=Prasad |first1=Rachita |title=Adani Enterprises sets up new arm for metro rail business |url=https://economictimes.indiatimes.com/industry/transportation/railways/adani-enterprises-sets-up-new-arm-for-metro-rail-business/articleshow/71634876.cms |access-date=8 June 2021 |work=The Economic Times |date=17 October 2019}}</ref> real estate,<ref>{{cite news |last1=Jog |first1=Sanjay |last2=Kamath |first2=Raghavendra |title=Adani in realty push, lines up projects |url=https://www.business-standard.com/article/companies/adani-in-realty-push-lines-up-projects-114052701395_1.html |access-date=1 June 2021 |work=Business Standard India |date=2014-05-28}}</ref> financial services,<ref>{{cite news |last1=Kurup |first1=Rajesh |title=Adani Capital acquires Essel Finance’s MSME loan business |url=https://www.thehindubusinessline.com/companies/adani-capital-acquires-essel-finances-msme-loan-business/article30623649.ece |access-date=1 June 2021 |work=Business Line |language=en}}</ref> [[oil exploration]],<ref>{{cite news |title=Adani Welspun finds gas in offshore Mumbai |url=https://www.livemint.com/industry/energy/adani-welspun-finds-gas-in-mumbai-offshore-s-tapti-daman-sector-11615782567464.html |access-date=21 June 2021 |work=Mint}}</ref> [[petrochemicals]],<ref>{{cite news |title=Adani Enterprises incorporates wholly-owned arm Mundra Petrochem Limited |url=https://economictimes.indiatimes.com/news/company/corporate-trends/adani-enterprises-incorporates-wholly-owned-arm-mundra-petrochem-limited/articleshow/82164822.cms |access-date=2 July 2021 |work=The Economic Times}}</ref> and cement.<ref>{{Cite web|title=Adani Enterprises Incorporates New Subsidiary For Cement Business|url=https://www.moneycontrol.com/news/business/adani-enterprises-incorporates-new-subsidiary-for-cement-business-7026321.html|access-date=2021-06-18|website=Moneycontrol}}</ref>
It is a publicly listed company encompassing the following businesses: [[Photovoltaic system|solar PV module]] manufacturing,<ref>{{cite news |title=Adani Green arm transfers 74% stake held in Mundra Solar Energy to Adani Enterprises |url=https://www.indiainfoline.com/article/news-top-story/adani-green-arm-transfers-74-stake-held-in-mundra-solar-energy-to-adani-enterprises-121052400237_1.html |access-date=1 June 2021 |work=India Infoline}}</ref> water infrastructure,<ref>{{cite news |title=Adani Enterprises incorporates subsidiary - Prayagraj Water |url=https://www.business-standard.com/article/news-cm/adani-enterprises-incorporates-subsidiary-prayagraj-water-118122700425_1.html |access-date=1 June 2021 |work=Business Standard India |date=2018-12-27}}</ref> [[data center]]s,<ref>{{cite news |title=Adani Enterprises, EdgeConneX form new data center JV, AdaniConneX |url=https://www.livemint.com/companies/news/adani-enterprises-edgeconnex-form-new-data-center-jv-adaniconnex-11614052245227.html |access-date=1 June 2021 |work=mint |date=2021-02-23 |language=en}}</ref> agri-output storage and distribution,<ref>{{cite news |last1=Singh |first1=Ruchira |title=Adani in slow, strategic bid to stay ahead in agriculture |url=https://www.livemint.com/Companies/FLrzHPxTLdCJdwjWPihI5K/Adani-in-slow-strategic-bid-to-stay-ahead-in-agriculture.html |access-date=1 June 2021 |work=mint |date=2015-01-21 |language=en}}</ref> defence and aerospace,<ref>{{cite news |title=Adani Enterprises gains as Airbus, Adani Defence sign MoU |url=https://www.business-standard.com/article/news-cm/adani-enterprises-gains-as-airbus-adani-defence-sign-mou-120020700337_1.html |access-date=1 June 2021 |work=Business Standard India |date=2020-02-07}}</ref> [[bunkering]],<ref>{{cite news |last1=Sood |first1=Jyotika |last2=Bhaskar |first2=Utpal |title=Adani Enterprises plans ship-fuelling business expansion |url=https://www.livemint.com/Companies/HBjJhxDsT7rOB4UYHRCjcI/Adani-Enterprises-plans-shipfuelling-business-expansion.html |access-date=7 June 2021 |work=mint |date=28 February 2017 |language=en}}</ref> rail and [[Rapid transit|metro]] infrastructure,<ref>{{cite news |last1=Prasad |first1=Rachita |title=Adani Enterprises sets up new arm for metro rail business |url=https://economictimes.indiatimes.com/industry/transportation/railways/adani-enterprises-sets-up-new-arm-for-metro-rail-business/articleshow/71634876.cms |access-date=8 June 2021 |work=The Economic Times |date=17 October 2019}}</ref> real estate,<ref>{{cite news |last1=Jog |first1=Sanjay |last2=Kamath |first2=Raghavendra |title=Adani in realty push, lines up projects |url=https://www.business-standard.com/article/companies/adani-in-realty-push-lines-up-projects-114052701395_1.html |access-date=1 June 2021 |work=Business Standard India |date=2014-05-28}}</ref> financial services,<ref>{{cite news |last1=Kurup |first1=Rajesh |title=Adani Capital acquires Essel Finance's MSME loan business |url=https://www.thehindubusinessline.com/companies/adani-capital-acquires-essel-finances-msme-loan-business/article30623649.ece |access-date=1 June 2021 |work=Business Line |language=en}}</ref> [[oil exploration]],<ref>{{cite news |title=Adani Welspun finds gas in offshore Mumbai |url=https://www.livemint.com/industry/energy/adani-welspun-finds-gas-in-mumbai-offshore-s-tapti-daman-sector-11615782567464.html |access-date=21 June 2021 |work=Mint}}</ref> [[petrochemicals]],<ref>{{cite news |title=Adani Enterprises incorporates wholly-owned arm Mundra Petrochem Limited |url=https://economictimes.indiatimes.com/news/company/corporate-trends/adani-enterprises-incorporates-wholly-owned-arm-mundra-petrochem-limited/articleshow/82164822.cms |access-date=2 July 2021 |work=The Economic Times}}</ref> and cement.<ref>{{Cite web|title=Adani Enterprises Incorporates New Subsidiary For Cement Business|url=https://www.moneycontrol.com/news/business/adani-enterprises-incorporates-new-subsidiary-for-cement-business-7026321.html|access-date=2021-06-18|website=Moneycontrol}}</ref>


== Subsidiaries ==
== Subsidiaries ==
Line 52: Line 52:
=== Adani Datacenters ===
=== Adani Datacenters ===


The subsidiary launched in collaboration with EdgeConneX to develop a 1 gigawatt (GW) network of hyperscale data centers in India, starting with [[Chennai]], [[Navi Mumbai]], [[Noida]], [[Visakhapatnam]], and [[Hyderabad]].<ref>{{Cite web|date=2021-02-23|title=Adani Enterprises, EdgeConneX form JV to develop data centers in India|url=https://www.financialexpress.com/industry/adani-enterprises-edgeconnex-form-jv-to-develop-data-centers-in-india/2200104/|access-date=2021-07-20|website=The Financial Express|language=en-US}}</ref><ref>{{Cite news|title=Adani Group forms equal JV with US company to build data centre parks in 6 Indian cities|work=The Economic Times|url=https://economictimes.indiatimes.com/tech/information-tech/adani-group-forms-equal-jv-with-us-company-to-build-data-centre-parks-in-6-indian-cities/articleshow/81165220.cms|access-date=2021-07-20}}</ref> The first data center foundation stone was laid in December 2020 at Chennai, Tamil Nadu, named Chennai-1.<ref>{{Cite web|last=Apr 13|first=Sindhu Hariharan / TNN / Updated:|last2=2021|last3=Ist|first3=07:55|title=Flipkart partners with Adani Group for data centre in Chennai {{!}} Chennai News - Times of India|url=https://timesofindia.indiatimes.com/city/chennai/flipkart-partners-with-adani-group-for-data-centre-in-city/articleshow/82036926.cms|access-date=2021-07-20|website=The Times of India|language=en}}</ref>
The subsidiary launched in collaboration with EdgeConneX to develop a 1 gigawatt (GW) network of hyperscale data centers in India, starting with [[Chennai]], [[Navi Mumbai]], [[Noida]], [[Visakhapatnam]], and [[Hyderabad]].<ref>{{Cite web|date=2021-02-23|title=Adani Enterprises, EdgeConneX form JV to develop data centers in India|url=https://www.financialexpress.com/industry/adani-enterprises-edgeconnex-form-jv-to-develop-data-centers-in-india/2200104/|access-date=2021-07-20|website=The Financial Express|language=en-US}}</ref><ref>{{Cite news|title=Adani Group forms equal JV with US company to build data centre parks in 6 Indian cities|work=The Economic Times|url=https://economictimes.indiatimes.com/tech/information-tech/adani-group-forms-equal-jv-with-us-company-to-build-data-centre-parks-in-6-indian-cities/articleshow/81165220.cms|access-date=2021-07-20}}</ref> The first data center foundation stone was laid in December 2020 at Chennai, Tamil Nadu, named Chennai-1.<ref>{{Cite web|last1=Apr 13|first1=Sindhu Hariharan / TNN / Updated|last2=2021|last3=Ist|first3=07:55|title=Flipkart partners with Adani Group for data centre in Chennai {{!}} Chennai News - Times of India|url=https://timesofindia.indiatimes.com/city/chennai/flipkart-partners-with-adani-group-for-data-centre-in-city/articleshow/82036926.cms|access-date=2021-07-20|website=The Times of India|language=en}}</ref>


=== Adani Defence & Aerospace ===
=== Adani Defence & Aerospace ===


It is a defense manufacturing arm of the company. It manufactures with armed drones such as [[Hermes 900]] UAV<ref>{{Cite news|others=Special Correspondent|date=2018-12-15|title=Adani opens UAV facility|language=en-IN|work=The Hindu|url=https://www.thehindu.com/business/adani-opens-uav-facility/article25752067.ece|access-date=2021-07-20|issn=0971-751X}}</ref> and small arms such as [[IWI Negev]] , [[Tavor TAR-21]], and [[IWI ACE]].<ref>{{Cite news|last=Pubby|first=Manu|title=Adani Defence to focus on small arms and ammo, anti-drone systems|work=The Economic Times|url=https://economictimes.indiatimes.com/news/defence/adani-defence-to-focus-on-small-arms-and-ammo-anti-drone-systems/articleshow/80718551.cms|access-date=2021-07-20}}</ref> As a part of a joint venture between [[Elbit Systems]] from Israel and Adani Defence and Aerospace, a manufacturing facility for [[unmanned aerial vehicle]] have been set up at Hyderabad, Telangana, inaugurated in 2019.<ref>{{Cite web|last=Rao|first=Ch Sushil|last2=Bharadwaj|first2=Swati|last3=Oct 4|first3=Swati Rathor / TNN / Updated:|last4=2020|last5=Ist|first5=13:21|title=Hyderabad adding muscle to India's armed forces {{!}} India News - Times of India|url=https://timesofindia.indiatimes.com/india/hyderabad-adding-muscle-to-indias-armed-forces/articleshow/78474137.cms|access-date=2021-07-20|website=The Times of India|language=en}}</ref><ref>{{Cite web|last=Lasania|first=Yunus Y.|date=2018-12-14|title=Adani Elbit UAV complex inaugurated in Hyderabad|url=https://www.livemint.com/Technology/EXlKtDL4Vo2aqQr8lLIjkK/Adani-Elbit-Unamanned-Aerial-Vehicles-complex-inaugurated-in.html|access-date=2021-07-20|website=mint|language=en}}</ref> In April 2020, Adani Defence Systems and Technologies acquired Alpha Design Technologies Pvt Ltd., an organization involved in the design, development, and manufacture of defense electronics and avionics.<ref>{{Cite web|last=PTI|title=Adani Enterprises arm acquires Alpha Design Technologies|url=https://www.thehindubusinessline.com/companies/adani-enterprises-arm-acquires-alpha-design-technologies/article26899360.ece|access-date=2021-07-20|website=@businessline|language=en}}</ref> Further, in September 2020, Adani acquired a 51 percent stake in PLR Systems Private Ltd which was incorporated in 2013 and engages in manufacturing and supply of indigenously built defense equipment to the armed forces.<ref>{{Cite news|last=Reporter|first=B. S.|date=2020-09-11|title=Adani's defence subsidiary acquires majority stake in PLR Systems|work=Business Standard India|url=https://www.business-standard.com/article/companies/adani-defence-subsidiary-acquires-majority-stake-in-plr-systems-120091101525_1.html|access-date=2021-07-20}}</ref>
It is a defense manufacturing arm of the company. It manufactures with armed drones such as [[Hermes 900]] UAV<ref>{{Cite news|others=Special Correspondent|date=2018-12-15|title=Adani opens UAV facility|language=en-IN|work=The Hindu|url=https://www.thehindu.com/business/adani-opens-uav-facility/article25752067.ece|access-date=2021-07-20|issn=0971-751X}}</ref> and small arms such as [[IWI Negev]] , [[Tavor TAR-21]], and [[IWI ACE]].<ref>{{Cite news|last=Pubby|first=Manu|title=Adani Defence to focus on small arms and ammo, anti-drone systems|work=The Economic Times|url=https://economictimes.indiatimes.com/news/defence/adani-defence-to-focus-on-small-arms-and-ammo-anti-drone-systems/articleshow/80718551.cms|access-date=2021-07-20}}</ref> As a part of a joint venture between [[Elbit Systems]] from Israel and Adani Defence and Aerospace, a manufacturing facility for [[unmanned aerial vehicle]] have been set up at Hyderabad, Telangana, inaugurated in 2019.<ref>{{Cite web|last1=Rao|first1=Ch Sushil|last2=Bharadwaj|first2=Swati|last3=Oct 4|first3=Swati Rathor / TNN / Updated|last4=2020|last5=Ist|first5=13:21|title=Hyderabad adding muscle to India's armed forces {{!}} India News - Times of India|url=https://timesofindia.indiatimes.com/india/hyderabad-adding-muscle-to-indias-armed-forces/articleshow/78474137.cms|access-date=2021-07-20|website=The Times of India|language=en}}</ref><ref>{{Cite web|last=Lasania|first=Yunus Y.|date=2018-12-14|title=Adani Elbit UAV complex inaugurated in Hyderabad|url=https://www.livemint.com/Technology/EXlKtDL4Vo2aqQr8lLIjkK/Adani-Elbit-Unamanned-Aerial-Vehicles-complex-inaugurated-in.html|access-date=2021-07-20|website=mint|language=en}}</ref> In April 2020, Adani Defence Systems and Technologies acquired Alpha Design Technologies Pvt Ltd., an organization involved in the design, development, and manufacture of defense electronics and avionics.<ref>{{Cite web|last=PTI|title=Adani Enterprises arm acquires Alpha Design Technologies|url=https://www.thehindubusinessline.com/companies/adani-enterprises-arm-acquires-alpha-design-technologies/article26899360.ece|access-date=2021-07-20|website=@businessline|language=en}}</ref> Further, in September 2020, Adani acquired a 51 percent stake in PLR Systems Private Ltd which was incorporated in 2013 and engages in manufacturing and supply of indigenously built defense equipment to the armed forces.<ref>{{Cite news|last=Reporter|first=B. S.|date=2020-09-11|title=Adani's defence subsidiary acquires majority stake in PLR Systems|work=Business Standard India|url=https://www.business-standard.com/article/companies/adani-defence-subsidiary-acquires-majority-stake-in-plr-systems-120091101525_1.html|access-date=2021-07-20}}</ref>


=== Adani Mining ===
=== Adani Mining ===

Revision as of 02:59, 24 July 2021

Adani Enterprises Limited
Company typeHolding
Public
BSE512599
NSEADANIENT
ISININE423A01024
Founded1993; 31 years ago (1993)
FounderGautam Adani
Headquarters,
Area served
India
ParentAdani Group
SubsidiariesAdani Airports
Adani Cement
Adani Datacenters
Adani Defence & Aerospace
Adani Mining
Adani Road Transport
Adani Solar
Adani Water
Adani Wilmar
Websitewww.adanienterprises.com

Adani Enterprises Limited (NSEADANITENT, BSE512599) is the holding company of Adani Group, headquartered in Ahmedabad, India. It mainly deals with the group's integrated resources management, power trading, and natural resources businesses on a standalone basis.[1]

History

The holding company was incorporated in 1993 under the name Adani Exports Limited.[2] Its general purpose is to act as an in-house incubator for the Adani Group till the companies get listed in the stock exchanges.[3][4]

It is a publicly listed company encompassing the following businesses: solar PV module manufacturing,[5] water infrastructure,[6] data centers,[7] agri-output storage and distribution,[8] defence and aerospace,[9] bunkering,[10] rail and metro infrastructure,[11] real estate,[12] financial services,[13] oil exploration,[14] petrochemicals,[15] and cement.[16]

Subsidiaries

Adani Airport

Adani Airport Holdings is the airport management and operations subsidiary of Adani Enterprises. It is the majority stakeholder in Mumbai International Airport Limited (MIAL), which owns the Chhatrapati Shivaji Maharaj International Airport and the under-construction Navi Mumbai International Airport. In addition, the company has 50-year lease on Ahmedabad, Guwahati, Jaipur, Lucknow, Mangalore and Thiruvananthapuram airports, starting January 2021. It will operate, manage and develop all six airports for 50 years.[17][18]

Adani Cement

It is a wholly-owned subsidiary that has yet to commence its business operations. The group has plans to set up a cement plant in Maharashtra which will have an initial capacity of 5 million tonnes per annum with an approximate investment of ₹900-1,000 crore.[19] The group has also proposed a 10-million tonnes per annum Lakhpat cement plant but it is on hold for some time.[20]

Adani Datacenters

The subsidiary launched in collaboration with EdgeConneX to develop a 1 gigawatt (GW) network of hyperscale data centers in India, starting with Chennai, Navi Mumbai, Noida, Visakhapatnam, and Hyderabad.[21][22] The first data center foundation stone was laid in December 2020 at Chennai, Tamil Nadu, named Chennai-1.[23]

Adani Defence & Aerospace

It is a defense manufacturing arm of the company. It manufactures with armed drones such as Hermes 900 UAV[24] and small arms such as IWI Negev , Tavor TAR-21, and IWI ACE.[25] As a part of a joint venture between Elbit Systems from Israel and Adani Defence and Aerospace, a manufacturing facility for unmanned aerial vehicle have been set up at Hyderabad, Telangana, inaugurated in 2019.[26][27] In April 2020, Adani Defence Systems and Technologies acquired Alpha Design Technologies Pvt Ltd., an organization involved in the design, development, and manufacture of defense electronics and avionics.[28] Further, in September 2020, Adani acquired a 51 percent stake in PLR Systems Private Ltd which was incorporated in 2013 and engages in manufacturing and supply of indigenously built defense equipment to the armed forces.[29]

Adani Mining

Adani Enterprises operates its mines in India, Indonesia and Australia, and supplies coal to Bangladesh, China, and some countries in Southeast Asia. It has a coal mine in Bunyu, North Kalimantan, Indonesia, which produced 3.9 Mt of coal in 2016–17. The Group has made the largest investment by an Indian company in Australia at the controversial Carmichael coal mine in the Galilee Basin, Queensland, but development of this mine is as of 2020 the subject of a court challenge to the Australian Government over its lack of adherence to environmental legislation.[30]

In 2020, Adani Australia, the controversial Australian mining arm of Adani Enterprises was rebranded as Bravus Mining & Resources.[31][32][33] The new subsidiary is responsible for developing Carmichael coal mine in Central Queensland.[34]

Adani Road Transport

Adani Road Transport undertakes construction, operations and maintenance of roads, highways, expressways and tollways.[35] The company has NHAI projects in the states of Chhattisgarh,[36] Gujarat,[35] Kerala,[37] Madhya Pradesh,[38] Odisha,[39] Telangana,[40] and West Bengal.[41]

Adani Solar

It is the Solar PV manufacturing company and one of the key subsidiaries of Adani Enterprises Ltd. It has set up the world’s largest single-location greenfield project with 1.5 GW capacity in the Mundra Special Economic Zone (SEZ) as in 2020.[42]

Adani Water

It was founded as a subsidiary in December 2018, with a focus on water infrastructure construction. It is currently involved in wastewater treatment, recycle and reuse projects at Prayagraj under the National Mission for Clean Ganga Framework.[43]

Adani Wilmar

Incorporated in 1999, Adani Wilmar is a food processing company and a joint venture between Adani Enterprises and Wilmar International. In November 2000, Adani Wilmar launched its flagship brand "Fortune" under which it produces and sells edible oil, flour, rice, pulses, sugar, soya nuggets and instant food mixes.[44] The company also makes personal care products like soaps, handwash and hand sanitizers under "Alife" brand.[45]

Former subsidiaries Adani Ports & SEZ, Adani Power and Adani Transmission were demerged from Adani Enterprises in 2015,[46] whereas Adani Green Energy and Adani Gas were demerged in 2018.[47][48] 

References

  1. ^ Reporter, S. I. (2021-06-04). "Adani Enterprises becomes second-most valuable Adani Group firm". Business Standard India. Retrieved 2021-07-20.
  2. ^ "Adani Enterprises Ltd". Business Standard India. Retrieved 2021-07-20.
  3. ^ "Adani Enterprises Limited - CARE Ratings Analyst Report" (PDF). CARE Ratings. 30 September 2020. Retrieved 20 July 2021.
  4. ^ Dhir, Sanjay; Sushil (2019-04-16). Cases in Strategic Management: A Flexibility Perspective. Springer. ISBN 978-981-13-7064-9.
  5. ^ "Adani Green arm transfers 74% stake held in Mundra Solar Energy to Adani Enterprises". India Infoline. Retrieved 1 June 2021.
  6. ^ "Adani Enterprises incorporates subsidiary - Prayagraj Water". Business Standard India. 2018-12-27. Retrieved 1 June 2021.
  7. ^ "Adani Enterprises, EdgeConneX form new data center JV, AdaniConneX". mint. 2021-02-23. Retrieved 1 June 2021.
  8. ^ Singh, Ruchira (2015-01-21). "Adani in slow, strategic bid to stay ahead in agriculture". mint. Retrieved 1 June 2021.
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