Being an entrepreneur is my dream job as it tests ones tenacity. I could never take orders from anyone.
Gautam Adani is a Gujarati who was born on 24 June 1962, in Ahmedabad. He is the first Billionaire from the city of Ahmedabad. He is the son of Shantilal and Shanta Adani and has seven siblings. His parents had migrated from the town of Tharad in the northern part of Gujarat. He did his schooling at the Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. He started a bachelor's degree in commerce at Gujarat University, but dropped out after the second year.
In 1988, he started Adani Enterprises Limited (formerly known as the Adani Export Ltd), the flagship company of the Adani Group, that traded in a variety of power and agricultural commodities. The 1991 economic liberalization policies fuelled the rapid growth of the Business leading to huge profitability of Adani Exports. This provided further capital to Adani to expand his Business. In 2006, Adani Exports was renamed to Adani Enterprises Limited. In 1993, the Government of Gujarat invited private companies to run the Mundra Port and in 1995 the contract was given to Adani Group. Today, Mundra Port is the largest Private Sector port in India, with capability of handling close to 210 million tonnes of cargo per annum.
The Adani Foundation was founded in 1996, and is registered under the Bombay Public Charity Trusts Act of 1950 and Society’s Registration Act 1860. Other than Gujarat, the Foundation operates in the states of Maharashtra, Rajasthan, Himachal Pradesh, Madhya Pradesh, Chhattisgarh and Odisha.
During the time of 2014 Loksabha elections of India, Adani was accused of various controversies. He was being accused of supporting Narendra Modi for his campaign in Bharatiya Janata Party. Even though claiming on national media that he has no special favors with Modi, Modi was seen traveling on Adani group's chartered planes to rallies across India. To counter this allegation, Mr Adani spoke out in an interview with CNBC and clarified that the BJP paid market price to Adani Group for using its aviation services.
In September 2016, Adani Green Energy (Tamil Nadu), the renewable wing of the Adani Group, kicked off operations in Kamuthi in Ramnathapuram in Tamil Nadu with a capacity of 648 megawatts (MW) at an estimated cost of Rs. 4,550 crore.