Saturday, July 23, 2022

Understanding Gautam Adani’s rise: a story on how to generate wealth via hope, equity and of course debit.

 

  • Gautam Adani, the richest person in India, went from being a college dropout to building a nearly $200 billion empire.
  • The Adani Group’s business consists of dirty energy like coal mining and natural gas distribution, to the hope of the future, renewable energy.
  • In between these, the group also dabbles in ports, food and now cement and media businesses.
  • But what is propelling the Adani Group to the top of the echelon of business houses in India? We try to understand this phenomenon.