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GOUTAM ADANI |
GOUTAM ADANI:
Nationality: Indian
Sun Sign: Cancer
Also Known As Gautam Shantilal Adani
Born In: Ahmedabad
Famous As: Founder Of Adani Group
Family:
Spouse/Ex-: Priti Adani
Father: Shantilal Adani
Mother: Shantaben Adani
Siblings: Mahasukh Adani, Rajesh Shantilal Adani, Vasant S. Adani, Vinod Adani
Children: Jeet Adani, Karan Adani
Childhood & Early Life:
Gautam Adani was born on 24 June 1962, in Ahmedabad, Gujarat, India, into a Bania family, to Shantilal and Shanta Adani. He has seven siblings. His family was involved in the textile business.
He was ambitious and determined from a young age. He had little interest in academics and dropped out of school as a teenager. He later attended the Gujarat University but did not stay to complete his degree. While he was interested in business, he had no intention of joining his father’s textile unit.
Career:
His entrepreneurial spirit made him leave Ahmedabad and move to Mumbai when he was 18. Possessing just a few hundred rupees, the young man was determined to make it big. He began working as a diamond sorter at Mahindra Brothers and set up his own diamond brokerage business after a couple of years.
His business did well and he became a millionaire by the time he was 20. By this time his elder brother had newly purchased a plastic factory in Ahmedabad and asked Gautam Adani to help him in running it.
Adani returned to Ahmedabad and started working with his brother. He soon began commodity trading by importing Polyvinyl Chloride (PVC), a key raw material for manufacturing plastic and visited South Korea where he made a deal for importing PVC.
In 1988, he established Adani Exports Limited (now known as the Adani Enterprises Ltd). The company initially dealt with agricultural commodities and power and eventually expanded over the years.
The liberalization and economic reforms of 1991 boosted Adani’s business and increased revenues and profits for his company. The favorable business environment allowed Adani to expand his company rapidly.
In 1993, the Government of Gujarat invited private companies to run the Mundra Port and in 1995 Adani won the contract. It was initially operated by Mundra Port & Special Economic Zone Ltd which was later expanded into the Adani Ports and Special Economic Zone Limited (APSEZ). It is today India’s largest private multi-port operator.
Awards & Achievements:
The Adani Foundation, the Corporate Social Responsibility arm of Adani Group, was awarded the 3rd Annual Greentech CSR Award in 2014.
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