Adani Group
| 200pxx | |
| Company type | Public |
|---|---|
| Industry | Trading, Power, Oil and Gas, Infrastructure, ports & SEZ, Logistics, FMCGs, Mining, Agro business, Education, Call Center |
| Founded | 1988 |
| Headquarters | Adani House, Ahmedabad |
Key people | Gautam Adani, Founder, Chairman |
| Revenue | US$ 6.4 billion (2010) |
Number of employees | more than 10000 (2009) |
| Website | [1] |
The Adani Group is a Gujrat based Indian conglomerate with the industrialist Gautam Adani as its CMD and promoter.[2] The core business of the group is Commodities Trading, edible oil Manufacturing, Mundra port operations and distribution of Natural Gas. Adani group has more than 50 companies under it. The various companies under the group are:
- Adani Enterprises Ltd.
- Adani Power Ltd.
- Adani Retail Ltd.
- Adani Wilmar Ltd.
- Gujarat Adani Energy Ltd.
- Adani Mining ltd.
- Gujarat Adani Port Limited
- iCall India Limited
- Mundra Port and Special Economic Zone limited
- Adani Agri Logistics Limited
- Adani Agri Fresh Limited
- Adani Properties ltd
- Adani Welspun ltd.
The corporate headquarters of the company are in the city of Ahmedabad, India.
Adani is now in the power sector, too, coming up with a 4620MW thermal power project in Mundra, Kutch district, the first 2 units of 660MW have been completed as reported by March 2010. It has plans to set up a whole total of 13000MW by 2014 and 20000MW by 2020. If completed, Adani Power will be the largest private company having largest power production on coal-based power. Adani Energy the one of the largest natural gas distributors in India.
The GAPL and the SEZ venture was merged before IPO so GAPL does stand as an entity now. GAPL is also in talk with Orissa government for setting up an all weather port near POSCO project. MPSEZ is the largest private port in India and growth shows it will be the no. 1 port by cargo handling by 2020.
Adani Wilmer is the largest manufacturer of edible oil in India with a market share of about 45%. Adani Enterprises is the largest trading house of india in importing coal with a market share above 50%. It also supplies coal to NTPC, India. ADANI group manages one management college namely AIIM and a medical college, GAIIM at Ahmedabad.
Due to high growth, its flagship company, Adani Enterprises, was placed among the top 50 Asian Companies by Forbes Asia in the year 2009 and its rank is 1865 in Forbes Global 2000 for 2010.
External links
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