How Big is the Adani Group???

 

The Adani Group is a multinational conglomerate headquartered in Ahmedabad, Gujarat, India. It is one of the largest conglomerates in India, with businesses in the ports, energy, resources, and infrastructure sectors.

The Adani Group has a market capitalization of 3.93 trillion INR (as of March 2023) and employs over 23,000 people. It is the largest private port operator in India, with a portfolio of 10 ports and terminals. The group also has interests in coal mining, power generation, solar energy, and gas distribution.

In terms of revenue, the Adani Group is the fifth-largest private sector company in India. Its annual revenue for 2022-23 stood at Rs 1.37 lakh crore.

The largest shareholder of the Adani Group is the Adani family, which holds a 50.29% stake in the company. Other major shareholders include Life Insurance Corporation of India (LIC), Adani Tradeline Pvt Ltd, and Green Enterprises Investment Holding RSC Ltd.

The Adani Group is a major player in the Indian economy and has been criticized for its close ties to the government. However, the group has also been praised for its role in developing infrastructure in India.

Here are some of the key business divisions of the Adani Group:

• Adani Ports and Special Economic Zones (APSEZ) is the largest private port operator in India. It operates 10 ports and terminals across India, including Mundra Port, which is the largest port in India by cargo volume.
• Adani Power is one of India's largest private power producers. It has an installed capacity of over 11 GW and generates power from coal, gas, and solar sources.
• Adani Green Energy is one of India's largest renewable energy companies. It has an installed capacity of over 5 GW and generates power from solar, wind, and biomass sources.
• Adani Transmission is one of India's largest power transmission companies. It operates a network of over 16,000 km of transmission lines across India.
• Adani Gas is one of India's largest natural gas distribution companies. It operates a network of over 2,000 km of gas pipelines across India.

The Adani Group is a rapidly growing conglomerate and is expected to play a major role in the Indian economy in the years to come.