Table of Contents
Introduction
Adani Business List – Last year, the Adani Group chairman Gautam Adani overtook Reliance Industries chairman Mukesh Ambani to become the wealthiest Indian billionaire. He also became the third richest man in the world after beating the likes of Warren Buffett and Jeff Bezos. The business tycoon is ruling several industrial sectors in India, with his companies expanding to different segments. From a private port company to spearheading various functions in the field of real estate business, the list of companies run by Gautam Adani is ever-evolving.
The Adani Group chairman recently came under the radar for an alleged scam. An American short-selling firm, Hindenburg Research, reported that Adani’s Company had conducted the “biggest con in corporate history.” The Report is titled Adani Group. How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History was published on 24 January 2023, after which the Adani Group also lost billions of dollars in the market.
Gautam Adani Profile
Gautam Adani was born in Gujrat state of India on 24 June 1962. His full name is Gautam Shantilal Adani. Gautam Adani is currently the chairman and creator of Adani Group, a large conglomerate. Gautam Adani’s first business was related to diamonds, but after cracking a big deal with a diamond merchant in Japan, he expanded his business empire to many folds. He joined his brother in the plastic business and expanded it to exporting and importing Company, and now this Company is known as Adani Enterprise. Currently, Adani is diversified in many business areas, such as port operating, airport operating, metal business, power generation business, green energy business, cement business, and many more.
Adani Business List
Per the information available on adani.com, Mr. Adani has diversified his business with many forward and backward integration businesses. Whenever he starts a business, he also supplies the resources through his own companies. Because of this thinking, his group generates and delivers goods for its use and supply. Only the finished business, such as the airport and the FMCG business, directly deals with customers, and the rest of the business supplies and manufactures the products for in-house use. Currently, he and his group are very active in the following businesses.
Energy Generation Business
The Energy Generation business is one of the oldest businesses under the Adani group. Under this business, Adani Group generates thermal and green energy. In earlier years, it only focused on thermal energy, but in recent years, it has also diversified to green energy sources such as wind and solar energy. Adani Power and Adani green energy head this business.
Energy Distribution and Transmission Business
After generating energy, the group also needs a company to transmit the power to different parts of the country and some to the outside. He diversified in the energy distribution and transmission business to fulfill these needs.
Natural Resources Business
Under this business, he is very active in coal and natural gas mining. This business was created to fulfill the needs of thermal energy requirements.
Solar Manufacturing Business
Under this business, Adani Group manufactures the solar panels required to generate solar energy. To fulfilling the needs of its solar energy business, it diversified to the solar manufacturing business.
Transportation and Logistics Business
The transportation and logistics business is one of the oldest businesses in the Adani group. As you know, the Adani group owns many ports and airports in India through which many materials are transported outside India, and many materials are imported into India, so it started this business to fulfill the needs of goods transportation.
Road, Port, and Airport Business
As you know, Adani is very active in the port and airport business; it all started when he took land in Gujrat for lease and transformed it into a good port. In earlier times, he was only employed in the port business. Still, in current times, he is also used in the airport business by winning the auction conducted by government agencies.
Real Estate Business
He is also very active in the real estate business. As you know, he is the king of the port and airport business, which ultimately affects the surrounding areas of it. Of the effects of ports and airports, the land of the nearby regions also gets developed, and the prices get skyrocketed, so to reap the benefits of this, he started a real estate business.
Housing Finance Business
Adani Group’s housing finance business is not a big business currently. Still, in my thinking, in the upcoming years, it can be an excellent revenue-generating business for the Adani group.
FMCG Business
Adani is very active in the FMCG business in the name of Adani Wilmar company. This Company is very active in the edible oil business, and along with this, adani wilmar is also getting bigger and bigger day by day because of its diversification in various products.
Agricultural Business
This business supports the FMCG business of adani wilmar by supplying raw materials such as edible oil seeds and other agricultural products required in its FMCG business.
Financial Service Business
At the current time, this business is at a very early age. It is only financing the group companies and not the other companies.
Defense and Aerospace Business
Adani Group is also getting contracts for defense equipment from the government of India.
Diamond Business
The diamond business is the oldest business of the Adani group. Mr. Gautam Adani started his business journey through this business. The details of this business are already written in earlier paragraphs.
List of Adani Companies
Below is the list of the Adani group of companies in the stock market.
Adani Enterprise
It is an essential Company for the whole group. Adani Enterprises also works as the parent company of many Adani companies. Adani Enterprise was incorporated in the year of 1993 by Gautam Adani Ji. This Company currently deals in Solar Manufacturing, Natural Resources, Defence and Aerospace, Airports, Water, Road, Metro, Rail, Data centers, etc.
Adani Green Energy
Adani Green Energy is the biggest Company in the green energy sector of India. This Company generates green energy through solar energy and wind energy. After achieving success in thermal power, he started this business in 2015 and is now the country’s most significant green energy company.
Adani Ports and SEZ
Adani Ports and SEZ is the largest private operator of Sea Ports in India. Along with this, The Company also becomes the first to operate in an overseas market. This Company deals in the businesses of Agri Logistics, Ports and Terminals, Logistics and Industrial Land, etc.
Adani Transmission
This Company deals in energy transmission in the whole of India. According to adani.com, This Company connects the energy grid with India Grid.
Adani Total Gas
Adani Total Gas is a rising City Gas Distribution (CGD) Network that supplies Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. It is a green energy company with minimum carbon emissions.
Adani Power
Adani Power is the oldest energy company in the group. This Company deals in thermal power generation. Its distribution channels gave power to commercial, domestic, and other entities. It was founded in the year of 1996 and majorly operates in the state of Gujarat, Maharashtra, Rajasthan, Karnataka, Chhattisgarh, and Madhya Pradesh.
Adani Wilmar
Adani wilmar is the FMCG arm of the adani group. The flagship product of this Company is Fortune edible oil. This Company recently got listed on the stock market at an IPO price, but the share price skyrocketed within months.
Ambuja Cement
Ambuja Cement is an Indian cement company built in Mumbai. It is India’s foremost manufacturer of grey cement, ready-mix concrete, and white cement, with an installed capacity of 70 million tonnes annually. Gautam Adani recently acquired this Company to provide resources to its infra projects within the Adani group.
ACC Cement
ACC Limited is India’s foremost cement and ready-mixed concrete manufacturer with a countrywide network of factories and marketing offices. Along with Ambuja, this Company is also acquired by Adani in the same year.
NDTV
NDTV Group is one of the leading news media giants in the country. The Adani Group recently acquired this Company in the year 2022.
Gautam Adani Net Worth
As we know, Gautam Adani is one of the known Businessmen from India and has multiple businesses ranging from Green Energy to Ports. He was the 2nd Richest person on the earth, but now he slipped down to the 13th position due to a loss in Market Shares of his Company. All this happened suddenly after the Hindenburg Report was released in the past week, showing many anomalies in his Company Audit. Now all of you must be excited to know Gautam Adani Net Worth, currently at Rs 5.95 Lakh Crores in Indian Rupees.
The Stock Value of Adani Enterprises increased to 450%, which is now up to 250%, within two days of the release of the Report. However, the Adani group released their Clarification regarding the Report and explained that it is misleading. The Company will address all these issues, and clarifications will be given to the Stakeholders. You can check the Gautam Adani Biography, Family Details, and Net Worth in USD.
Work Done By Gautam Adani
Apart from running a list of companies, business tycoon Gautam Adani also believes in contributing to the world. In 2020, the Company donated INR 100 crore (US $13 million) to the PM CARES Fund to fight the COVID-19 pandemic. Further, they contributed to the Gujarat CM Relief Fund and the Maharashtra CM Relief Fund. The Company also reimbursed the expenses the employees and their families incurred for the COVID-19 vaccination.
The Adani Group also procured 48 cryogenic tanks to combat the second wave of COVID-19 in India. Last year in June, Adani and his family pledged to donate US $7.7 billion (INR 60,000 crore) for social causes.