look news india
The country's well-known businessman Gautam Adani had filled a form in a Mumbai college for studies in the 1970s. But the college rejected his form. Then he did not complete further education and went into business. He built an empire of $220 billion in about four decades. Now he has been invited to the same college to give a lecture to the students on the occasion of Teacher's Day.
An alumnus of Mumbai's famous Jai Hind College has been included among the richest people in the country. Introducing Adani, he said that he came to Mumbai at the age of 16 and started working as a diamond cutter. He applied for admission in the city's Jai Hind College in 1977 and 1978 but his application was rejected. He had filled the form to study in Jai Hind College because his elder brother Vinod was already studying in the same college.
When I did not get admission in college, I started a business
Gautam Adani started his work without enrolling in college and accepted it as an alternative career. After working in diamond polishing for about two years, he returned to Gujarat to run a packaging factory. This factory was run by his brother. After starting his own commodity trading company in 1998, Adani never looked back. Over the next two and a half decades, his companies ventured into sectors such as ports, mining, infrastructure, power, city gas, renewable energy, cement, real estate, data centers and media.
Today Adani has a huge business empire
Today Adani's companies are involved in various businesses. His infrastructure company also manages 13 ports and seven airports in the country. Today his group is also the largest private sector entity in the power sector. Not only this, his company is the largest energy producing company. He runs the country's largest cement company. An expressway is being built and Asia's largest slum in Dharavi is being redeveloped.
IPO came in 1994
Within two years, he became the country's biggest global businessman. In 1994, an IPO came in the name of Adani Enterprises. After this decision was successful, he moved towards solid investment.
Mundra Port of Kutch
Global commodity trader Cargill approached Gautam Adani in 1990 for a partnership to manufacture and source salt from Kutch, Gujarat. Though the partnership did not succeed, eventually 40 thousand kalan of marshland and salt was allowed to build a jetty at Mundra for private use. Subsequently, Kayakalpaathi became the country's largest port. Today, Mundra is home to the country's largest industrial complex, container terminal, power plant and edible oil refinery.
World's largest renewable energy park to be built in Kutch
According to Adani, they are now building the world's largest energy park in Kutch and redeveloping the Dharavi slum in Mumbai. He further said that, however, we have helped re-develop India's infrastructure in airports, ports, logistics, industrial parks and energy. But this is not a victory. What we have to change is the effort to face the challenges and overcome them. Which has given a beautiful shape to the journey of Adani Group.
