Adani Group

2021-07-06T05:54:26Z

2405:201:D002:39CC:E049:C85A:54E3:139: /* Controversies */

{{short description|Indian multinational conglomerate company}}
{{for|other uses or company named Adani|Adani (disambiguation)}}
{{Use Indian English|date=September 2020}}
{{Use dmy dates|date=September 2020}}
{{Infobox company
| name = Adani Group
| logo = File:Adani Group logo.svg
| logo_size = 200px
| caption =
| image =
| image_size = 250px
| image_caption = Adani group corporate office in [[Ahmedabad]], [[India]]
| type = [[Private company|Private]]
| traded_as =
| fate =
| predecessor =
| successor =
| foundation = {{Start date and age|20 July 1988}}
| founder = [[Gautam Adani]]
| defunct =
| location_city = [[Ahmedabad]], [[Gujarat]]
| location_country = India
| area_served = Worldwide
| key_people = {{plainlist|
*[[Gautam Adani]] <small>([[Chairman]])</small>
*[[Karan Adani]] <small>([[CEO]] [[Adani Ports & SEZ|APSEZ]])</small>}}
| ISIN =
| industry = [[Conglomerate (company)|Conglomerate]]
| products =
| services = {{plainlist|
*[[Energy]]
*[[Building materials]]
*[[Infrastructure]]
*[[Food processing]]
*[[Logistics]]
*[[Mining]]
*[[Arms industry|Defence]]
*[[Data center]]
*[[Financial services]]<ref name="Financials"/>}}
| revenue = {{increase}} ₹1.1 [[lakh]] [[crore]] ($15 billion)<ref name="Financials">https://www.adani.com/About-us</ref>
| revenue_year = 2020
| operating_income =
| net_income =
| assets =
| equity =
| owner = [[Gautam Adani]]
| num_employees = 17,000+ (2021)<ref name="Financials"/>
| parent =
| subsid = {{plainlist|
*[[Adani Enterprises]]
*[[Adani Ports & SEZ]]
*[[Adani Green Energy]]
*[[Adani Power]]
*[[Adani Transmission]]
* Adani Total Gas
* [[Abbot Point|North Queensland Export Terminal]]
* Sarguja Rail Corridor
*[[Adani Foundation]]
}}<ref name="AdaniSubsid"/>
| homepage = {{URL|https://www.adani.com/}}
| footnotes =
}}

'''Adani Group''' is an Indian [[Multinational corporation|multinational]] [[Conglomerate (company)|conglomerate]], headquartered in [[Ahmedabad]]. It was founded by [[Gautam Adani]] in 1988 as a [[commodity trading]] business, with the flagship company Adani Enterprises Limited (previously Adani Exports Limited). The Group's diverse businesses include [[energy]], [[resources]], [[logistics]], [[agribusiness]], [[real estate]], [[financial service]]s, [[Defense industry|defence]] and [[aerospace]].<ref>{{cite web|url=https://www.thehindubusinessline.com/companies/after-adag-adani-enters-defence-sector-signs-up-with-israeli-firm/article8414039.ece|title=After ADAG, Adani enters defence sector, signs up with Israeli firm|access-date=25 June 2018}}</ref> The group has annual revenue of over {{USD}} 13 billion<ref name="auto">{{Cite web|url=https://www.bseindia.com/xml-data/corpfiling/AttachHis/a939a85e-c702-43f5-a1f2-9a3072384ff3.pdf|title=Empowering India, Shaping a new future}}</ref> with operations at 70 locations in 50 countries.<ref>{{Cite web|url=https://theindependent.in/adani-likely-to-get-handover-of-6-airports-by-july19/|title=Adani Group likely to operate 6 airports by July'19 – The Independent.in – News, Breaking News, International News}}</ref><ref>{{cite web|url=http://www.iammadeinindia.com/?p=1024|archive-url=https://web.archive.org/web/20130601084050/http://www.iammadeinindia.com/?p=1024|url-status=dead|archive-date=1 June 2013|title=Gautam Adani – "The Gujrati Billionaire" – Made In India|date=1 June 2013|access-date=25 June 2018}}</ref> It is India's largest port developer and operator with ten ports and terminals including [[Mundra Port]], its largest.<ref>{{cite web|url=https://www.thehindubusinessline.com/economy/logistics/apsez-set-to-become-top-container-port-operator/article9801005.ece|title=APSEZ set to become top container port operator|access-date=25 June 2018}}</ref> Through a joint venture with [[Wilmar International]] in Singapore, the Group co-owns India's largest edible oil brand, Fortune Oil.<ref name="dnaindia.com">{{cite web|url=http://www.dnaindia.com/business/report-adani-to-bring-wilmar-products-to-india-1768311|title=Adani to bring Wilmar products to India|date=23 November 2012|access-date=25 June 2018}}</ref>

In April 2014, it added the fourth unit of 660 [[megawatt]]s at its [[Tiroda Thermal Power Station]], making [[Adani Power]] India's largest private power producer. In 2015, Adani was ranked India's most trusted infrastructure brand by ''[[The Brand Trust Report]]'' 2015.<ref>{{Cite book|title = The Brand Trust Report 2015|last = Chandramouli|publisher = TRA|year = 2015|isbn = 978-81-920823-8-7|page = 152}}</ref> The Group operates mines in India, Indonesia and Australia and supplies coal to Bangladesh, China, and countries in Southeast Asia. The Group handled a total cargo of 200 [[tonne|megatonnes]] (Mt) in 2018{{ndash}}19.<ref>{{cite web|url=https://www.thehindubusinessline.com/economy/logistics/apsez-handles-200-mt-of-cargo-in-fy-19/article26649698.ece|title=APSEZ handles 200 mt of cargo in FY 19|first=Our|last=Bureaus|website=@businessline}}</ref> It has a coal mine in [[Bunyu]], [[North Kalimantan]], Indonesia, which produced 3.9 Mt of coal in 2016{{ndash}}17.

The Group has made the largest investment by an Indian company in Australia at the controversial [[Carmichael coal mine]] in the [[Galilee Basin]], [[Queensland]], but development of this mine is {{as of|lc=yes|2020}} the subject of a court challenge to the [[Australian Government]] over its lack of adherence to environmental legislation.<ref name="acf2020">{{cite web | title=ACF challenges Morrison Government decision to not apply water trigger to Adani pipeline | website=Australian Conservation Foundation | date=16 March 2020| url=https://www.acf.org.au/acf_challenges_morrison_govt_decision_to_not_apply_water_trigger_to_adani_pipeline | access-date=31 August 2020}}</ref>

In January 2018, the logistics and [[SEZ]] arm of the Group, [[Adani Ports & SEZ]], added equipment and machinery to become the largest [[dredger]] fleet in India.<ref>{{cite news|url=https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/adani-ports-dredging-fleet-emerges-as-indias-largest-apsez/articleshow/62417074.cms|title=Adani Ports dredging fleet emerges as India's largest: APSEZ|date=25 June 2018|access-date=25 June 2018|newspaper=[[The Economic Times]]}}</ref> The Group was the first in India to build a high-voltage direct current ([[HVDC]]) system, commissioned in May 2012.<ref>{{cite web|url=https://www.thehindubusinessline.com/economy/adanis-dedicates-to-nation-1000-km-power-transmission-system/article23114492.ece|title=Adanis dedicates to nation 1,000-km power transmission system|first=Our|last=Bureau|website=@businessline|date=12 March 2018}}</ref><ref>{{Cite web|title=Electrical Monitor :: India's first private HVDC line dedicated|url=http://www.electricalmonitor.com/articledetails.aspx?aid=1388&sid=1|access-date=2020-11-05|website=www.electricalmonitor.com}}</ref>

In April 2021, Adani Group became the 3rd Indian conglomerate to cross USD100 billion in market capitalization.<ref>{{Cite web|title=Adani Group becomes 3rd Indian conglomerate to cross USD 100 bn in m-cap|url=https://www.etvbharat.com/english/national/state/maharashtra/adani-group-becomes-3rd-indian-conglomerate-to-cross-usd-100-bn-in-m-cap/na20210406213916914|access-date=2021-06-14|website=ETV Bharat News|language=en}}</ref>

== History ==

===First phase===
The Adani Group commenced as a commodity trading firm in 1988 and diversified into the import and export of multi-basket commodities. With a capital of ₹5 [[lakhs]], the company was established as a partnership firm with the flagship company, Adani Enterprises, previously Adani Exports.<ref>{{cite web|url=https://business.mapsofindia.com/business-leaders/gautam-adani.html|title=Gautam Adani Biography- About family, children, education, wife, age, and more|website=business.mapsofindia.com|access-date=25 June 2018}}</ref>
In 1990 the Adani Group developed its own port in [[Mundra]] to provide a base for its trading operations. It began construction at Mundra in 1995. In 1998, it became the top net foreign exchange earner for India Inc.<ref name="superbrandsindia.com">{{cite web |url=http://www.superbrandsindia.com/images/brand_pdf/business_3rd_edition_2011/ADANI.pdf |title=Adandi: Business of Success |website=superbrandsindia.com |access-date=16 December 2018 |archive-url=https://web.archive.org/web/20180501225757/http://www.superbrandsindia.com/images/brand_pdf/business_3rd_edition_2011/ADANI.pdf |archive-date=1 May 2018 |url-status=dead }}</ref> The company began coal trading in 1999 followed by a joint venture in edible oil refining in 2000 with the formation of Adani Wilmar.<ref name="dnaindia.com" />

===Second phase===
The group's second phase started with the creation of large infrastructure assets. The company established a portfolio of ports, [[power plant]]s, mines, ships and railway lines inside and outside India.

Adani handled 4 Mt of cargo at Mundra in 2002, becoming the largest private port in India. Later in 2006, the company became the largest coal importer in India with 11 Mt of coal handling.<ref name="superbrandsindia.com"/>
The company expanded its business in 2008 purchasing [[Bunyu]] Mine in Indonesia which has 180 Mt of coal reserves. In 2009 the firm began generating 330 MW of thermal power. It also built edible oil refining capacity in India of 2.2 Mt per annum.<ref name="superbrandsindia.com"/>
Adani Enterprises became the largest trading house in India importing coal with a market share 60%. It also supplies coal to NTPC, India. The Adani group became India's largest private coal mining company after Adani Enterprises won the Orissa mine rights in 2010.<ref>{{cite web |url=http://articles.economictimes.indiatimes.com/2010-10-27/news/27576926_1_coal-block-chhattisgarh-mineral-development-corporation-adani-enterprises |title=Adani bags rights to develop Orissa coal block |date=27 October 2010 |website=economictimes.indiatimes.com |archive-url=https://web.archive.org/web/20121015035046/http://articles.economictimes.indiatimes.com/2010-10-27/news/27576926_1_coal-block-chhattisgarh-mineral-development-corporation-adani-enterprises |archive-date=15 October 2012 |url-status=dead |access-date=16 December 2018}}</ref>
Operations at the [[Port of Dahej]] commenced in 2011 and ts capacity subsequently grew to 20 Mt. The company also bought Galilee Basin mine in Australia with 10.4 gigatonnes (Gt) of coal reserves. It also commissioned 60 Mt of handling capacity for the coal import terminal in Mundra, making it the world's largest.<ref>http://thepropertytimes.in/management/press-release/203-adani-group?start=2 {{dead link|date=December 2018}}</ref> In addition, in the same year, the Adani group also bought [[Abbot Point]] port in Australia with 50 Mt of handling capacity. It commissioned India's largest solar power plant with a capacity 40 MW. As the firm achieved 3,960 MW capacity, it became the largest private sector thermal power producer in India. In 2012 The company shifted its focus on three business clusters – resources, logistics and energy.<ref>{{cite web|url=https://www.thehindubusinessline.com/companies/adani-group-to-have-new-identity-logo/article23064221.ece|title=Adani Group to have new identity, logo|access-date=25 June 2018}}</ref>

Adani Power emerged as India's largest private power producer in 2014.<ref>{{cite web|url=https://www.livemint.com/Industry/Jv2Ih444FhQCbWRNfZpGkI/Adani-power-commissions-fourth-unit-of-Tiroda-power-plant.html|title=Adani Power commissions 4th unit of Tiroda power plant in Gujarat|first=Makarand|last=Gadgil|date=3 April 2014|access-date=25 June 2018}}</ref> Adani Power's total installed capacity then stood at 9,280 MW.<ref>{{cite web |url=http://articles.economictimes.indiatimes.com/2014-04-04/news/48866632_1_power-generation-capacity-power-sector-adani-power |title=Adani Power becomes India's largest private power producer |date=4 April 2014 |website=articles.economictimes.indiatimes.com |archive-url=https://web.archive.org/web/20140407064138/http://articles.economictimes.indiatimes.com/2014-04-04/news/48866632_1_power-generation-capacity-power-sector-adani-power |archive-date=7 April 2014 |url-status=dead |access-date=16 December 2018}}</ref> The Mundra Port, Adani Ports and SEZ Ltd. (APSEZ), handled 100 Mt in fiscal 2013{{ndash}}14. {{citation needed|date=December 2018}} On 16 May of the same year, Adani Ports acquired Dhamra Port on East coast of India for {{INRConvert|5500|c|lk=|year=2014}}.<ref>{{cite news|url=http://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/adani-ports-acquires-dhamra-port-on-east-coast-of-india-for-rs-5500-crore/articleshow/35206023.cms|title=Adani Ports acquires Dhamra Port on east coast of India for Rs 5,500 crore|first1=Megha|last1=Mandavia|first2=Arijit|last2=Barman|date=17 May 2014|access-date=25 June 2018|newspaper=The Economic Times}}</ref> Dhamra Port was a 50:50 joint venture between [[Tata Steel]] and [[Larsen & Toubro|L&T Infrastructure]] Development Projects, which has now been acquired by Adani Ports. The port began operations in May 2011 and handled a total cargo of 14.3 Mt in 2013{{ndash}}14.<ref>{{cite news|url=http://www.business-standard.com/article/companies/adani-acquires-dhamra-port-for-rs-5-500-crore-114051601060_1.html|title=Adani acquires Dhamra Port for Rs 5,500 crore|first=B. S.|last=Reporter|newspaper=Business Standard India|date=17 May 2014|access-date=25 June 2018|via=Business Standard}}</ref> With the acquisition of [[Dhamra Port]], the Group is planning to increase its capacity to over 200 Mt by 2020.<ref>{{cite news|url=http://www.thehindu.com/business/Industry/adani-ports-acquires-dhamra-port-for-rs5500-cr/article6017248.ece|title=Adani Ports acquires Dhamra Port for Rs.5,500 cr|newspaper=The Hindu|date=16 May 2014|access-date=25 June 2018|via=www.thehindu.com}}</ref><ref>{{cite web|url=https://www.businesstoday.in/current/deals/adani-buys-dhamra-port-from-tata-steel-l-and-t/story/206299.html|title=Adani Ports buys Dhamra Port from Tata Steel, L&T for Rs 5,500 crore|website=businesstoday.in|access-date=25 June 2018}}</ref>

[[File:Krishnapatnam port Nellore.jpg|thumb|[[Krishnapatnam Port]] in Andhra Pradesh.]]
In 2015 the Adani Group's Adani Renewable Energy Park signed a pact with the [[Government of Rajasthan|Rajasthan Government]] for a 50:50 joint venture to set up India's largest solar park with a capacity of 10,000 MW.<ref>{{cite web|url=http://www.dnaindia.com/business/report-adani-to-set-up-country-s-largest-solar-park-of-10000-mw-in-rajasthan-2095988|title=Adani to set up country's largest solar park of 10,000 MW in Rajasthan|date=16 June 2015|access-date=25 June 2018}}</ref> In November 2015, the Adani group began construction at the port in [[Vizhinjam]], [[Kerala]].<ref>{{cite web|url=https://www.marinelink.com/news/vizhinjam-kerala-adani396369|title=Adani in Pact with Kerala for Vizhinjam Port|date=18 August 2015|access-date=25 June 2018}}</ref>

Adani Aero Defence signed a pact with Elbit-ISTAR and Alpha Design Technologies to work in the field of Unmanned Aircraft Systems (UAS) in India in 2016. In April, Adani Enterprises secured approval from the [[Government of Gujarat]] to begin work on building a solar power equipment plant. In September, [[Adani Green Energy]] ([[Tamil Nadu]]), the renewable wing of the Adani Group, began operations in [[Kamuthi]] in [[Ramanathapuram]], Tamil Nadu with a capacity of 648 MW at an estimated cost of {{INRConvert|4550|c|lk=|year=2016}}. In the same month, the Adani Group inaugurated a 648 MW single-location solar power plant. It was the world's largest solar power plant at the time it was set up<ref>{{cite news|url=http://www.thehindu.com/news/national/tamil-nadu/Adani%E2%80%99s-648-MW-solar-plant-inaugurated/article14993341.ece|title=Adani's 648-MW solar plant inaugurated|first1=D. j Walter|last1=Scott|newspaper=The Hindu|date=22 September 2016|access-date=25 June 2018|via=www.thehindu.com}}</ref> In December, the Adani Group inaugurated a 100 MW solar power plant in [[Bhatinda]], the largest in [[Punjab, India|Punjab]]. The plant was built at a cost of {{INRConvert|640|c|lk=|year=2016}}.

On 22 December 2017, the Adani Group acquired the power arm of [[Reliance Infrastructure]] for {{INRconvert|18800|c|year=2017}}.<ref>{{cite web|url=http://www.livemint.com/Companies/9bKCuIrmHj5gHLINdSO7XO/Reliance-Infra-sells-Mumbai-power-business-to-Adani-Transmis.html|title=Reliance Infrastructure sells Mumbai power business to Adani Transmission for Rs18,800 crore|first=Shakti|last=Patra|date=21 December 2017|access-date=25 June 2018}}</ref>

In October 2019, French oil and gas company [[Total SA]] bought a 37.4% stake in Adani Gas for {{INRconvert|6155|c|year=2019}} and obtained joint control of the company.<ref>{{cite news |last1=Manoj |first1=P. |title=Total buys 37.4 per cent stake in Adani Gas for Rs 6,155 crore |url=https://www.thehindubusinessline.com/companies/total-buys-374-stake-in-adani-gas-for-rs-5662-crore/article29678364.ece |access-date=5 July 2021 |work=Business Line |date=14 October 2019 |language=en}}</ref> Total also invested {{USD}}510 million in a subsidiary of Adani Green Energy in February 2020.<ref>{{cite news |title=Adani Green Energy surges after signing deal with Total for $510 million |url=https://economictimes.indiatimes.com/small-biz/productline/power-generation/adani-green-energy-surges-after-signing-deal-with-total-for-510-million/articleshow/74133215.cms |access-date=6 July 2021 |work=The Economic Times}}</ref>

In May 2021, Adani Green Energy acquired SB Energy, a joint venture of [[SoftBank Group]] and [[Bharti Enterprises]], for {{USD}}3.5 billion.<ref>{{cite news |last1=Jai |first1=Shreya |title=Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 bn |url=https://www.business-standard.com/article/companies/adani-green-buys-sb-energy-from-softbank-and-bharti-firm-valued-at-3-5-bn-121051900157_1.html |access-date=5 July 2021 |work=Business Standard India |date=19 May 2021}}</ref>

== Chairman ==
[[Gautam Adani|Gautam Shantilal Adani]] is an Indian industrialist who is the Chairman and founder of the Adani Group.<ref>{{Cite web|title=Gautam Adani|url=https://www.bloomberg.com/billionaires/profiles/gautam-s-adani/|url-status=live}}</ref> Adani is the president of [[Adani Foundation]], which is led by his wife, [[Priti Adani]].<ref>{{Cite web|title=Adani Foundation {{!}} Youth4work|url=https://www.university.youth4work.com/adani-foundation|access-date=2021-07-01|website=youth4work.com|language=en}}</ref> He founded the Adani Group in 1988 and diversified his business into resources, logistics, energy, agriculture, defense and aerospace, among others.<ref>{{Cite web|last=Bureau|first=Our|title=After ADAG, Adani enters defence sector, signs up with Israeli firm|url=https://www.thehindubusinessline.com/companies/after-adag-adani-enters-defence-sector-signs-up-with-israeli-firm/article8414039.ece|access-date=2021-07-01|website=@businessline|language=en}}</ref><ref>{{Cite web|title=Gautam Adani Biography- About family, children, education, wife, age, and more|url=https://business.mapsofindia.com/business-leaders/gautam-adani.html|access-date=2021-07-01|website=business.mapsofindia.com}}</ref>

Gautam Adani was born to Shantilal and Shanti Adani in Ahmedabad, Gujarat.<ref>{{Cite web|last=Chandna|first=Himani|title=The Rise Of The Tycoon|url=http://www.businessworld.in/article/The-Rise-Of-The-Tycoon/05-02-2018-139609/|url-status=live|access-date=2021-07-01|website=BW Businessworld}}</ref> His parents migrated from the town of [[Tharad]] in the northern part of Gujarat. His father was a textile merchant.<ref>{{Cite web|last=Desk|first=India TV News|date=2012-12-03|title=Top 10 Gujarati Billionaires {{!}} IndiaTV News|url=https://www.indiatvnews.com/business/india/top-10-gujarati-billionaires-3732.html|access-date=2021-07-01|website=www.indiatvnews.com|language=en}}</ref><ref>{{Cite web|last=Mehta|first=Deep|date=2019-10-22|title=Gautam Adani Wiki, Age, Height, Wife, Net Worth, Biography, Family|url=https://www.tu13dekh.com/gautam-adani-wiki-age-height-wife-net-worth-biography-family/|access-date=2021-07-01|website=Tu 13 Dekh|language=en-US}}</ref> He was educated at Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. He enrolled in a bachelor's degree in commerce at [[Gujarat University]], but dropped out after the second year.<ref>{{Cite web|title=Gautam Adani Biography- About family, children, education, wife, age, and more|url=https://business.mapsofindia.com/business-leaders/gautam-adani.html|access-date=2021-07-01|website=business.mapsofindia.com}}</ref>

== Listed companies ==

===Adani Enterprises===
[[File:Night work at the Carmichael Mine.jpg|thumb|Work at [[Carmichael coal mine]] in Australia.]]
Adani Enterprises is a [[holding company]], which is primarily engaged in mining and trading of [[coal]] and [[iron ore]] on a standalone basis, and acts as an [[Business incubator|incubator]] for Adani Group's new business ventures.<ref>{{cite news |title=Adani Enterprises becomes second-most valuable Adani Group firm |url=https://www.business-standard.com/article/markets/adani-enterprises-now-2nd-most-valuable-adani-group-firm-up-30-in-a-week-121060400609_1.html |access-date=5 June 2021 |work=Business Standard India |date=4 June 2021}}</ref> It has three main subsidiaries: Adani Wilmar (food processing), Adani Airport Holdings (airport operations) and Adani Road Transport (road development).<ref name="AdaniSubsid">{{cite news |title=Adani Enterprises Ltd Q3 FY21 Performance Highlights |url=https://www.adanienterprises.com/-/media/Project/Enterprises/Investors/Investor-Downloads/Investors-Presentation/AEL-Q3FY21-Performance-Highlights.pdf |access-date=21 April 2021}}</ref> Through its other subsidiaries, Adani Enterprises also has business interests in [[Photovoltaic system|solar PV module]] manufacturing,<ref>{{cite news |title=Adani Green arm transfers 74% stake held in Mundra Solar Energy to Adani Enterprises |url=https://www.indiainfoline.com/article/news-top-story/adani-green-arm-transfers-74-stake-held-in-mundra-solar-energy-to-adani-enterprises-121052400237_1.html |access-date=1 June 2021 |work=India Infoline}}</ref> water infrastructure,<ref>{{cite news |title=Adani Enterprises incorporates subsidiary - Prayagraj Water |url=https://www.business-standard.com/article/news-cm/adani-enterprises-incorporates-subsidiary-prayagraj-water-118122700425_1.html |access-date=1 June 2021 |work=Business Standard India |date=2018-12-27}}</ref> [[data center]]s,<ref>{{cite news |title=Adani Enterprises, EdgeConneX form new data center JV, AdaniConneX |url=https://www.livemint.com/companies/news/adani-enterprises-edgeconnex-form-new-data-center-jv-adaniconnex-11614052245227.html |access-date=1 June 2021 |work=mint |date=2021-02-23 |language=en}}</ref> agri-output storage and distribution,<ref>{{cite news |last1=Singh |first1=Ruchira |title=Adani in slow, strategic bid to stay ahead in agriculture |url=https://www.livemint.com/Companies/FLrzHPxTLdCJdwjWPihI5K/Adani-in-slow-strategic-bid-to-stay-ahead-in-agriculture.html |access-date=1 June 2021 |work=mint |date=2015-01-21 |language=en}}</ref> defence and aerospace,<ref>{{cite news |title=Adani Enterprises gains as Airbus, Adani Defence sign MoU |url=https://www.business-standard.com/article/news-cm/adani-enterprises-gains-as-airbus-adani-defence-sign-mou-120020700337_1.html |access-date=1 June 2021 |work=Business Standard India |date=2020-02-07}}</ref> [[bunkering]],<ref>{{cite news |last1=Sood |first1=Jyotika |last2=Bhaskar |first2=Utpal |title=Adani Enterprises plans ship-fuelling business expansion |url=https://www.livemint.com/Companies/HBjJhxDsT7rOB4UYHRCjcI/Adani-Enterprises-plans-shipfuelling-business-expansion.html |access-date=7 June 2021 |work=mint |date=28 February 2017 |language=en}}</ref> rail and [[Rapid transit|metro]] infrastructure,<ref>{{cite news |last1=Prasad |first1=Rachita |title=Adani Enterprises sets up new arm for metro rail business |url=https://economictimes.indiatimes.com/industry/transportation/railways/adani-enterprises-sets-up-new-arm-for-metro-rail-business/articleshow/71634876.cms |access-date=8 June 2021 |work=The Economic Times |date=17 October 2019}}</ref> real estate,<ref>{{cite news |last1=Jog |first1=Sanjay |last2=Kamath |first2=Raghavendra |title=Adani in realty push, lines up projects |url=https://www.business-standard.com/article/companies/adani-in-realty-push-lines-up-projects-114052701395_1.html |access-date=1 June 2021 |work=Business Standard India |date=2014-05-28}}</ref> financial services,<ref>{{cite news |last1=Kurup |first1=Rajesh |title=Adani Capital acquires Essel Finance’s MSME loan business |url=https://www.thehindubusinessline.com/companies/adani-capital-acquires-essel-finances-msme-loan-business/article30623649.ece |access-date=1 June 2021 |work=Business Line |language=en}}</ref> [[oil exploration]],<ref>{{cite news |title=Adani Welspun finds gas in offshore Mumbai |url=https://www.livemint.com/industry/energy/adani-welspun-finds-gas-in-mumbai-offshore-s-tapti-daman-sector-11615782567464.html |access-date=21 June 2021 |work=Mint}}</ref> [[petrochemicals]],<ref>{{cite news |title=Adani Enterprises incorporates wholly-owned arm Mundra Petrochem Limited |url=https://economictimes.indiatimes.com/news/company/corporate-trends/adani-enterprises-incorporates-wholly-owned-arm-mundra-petrochem-limited/articleshow/82164822.cms |access-date=2 July 2021 |work=The Economic Times}}</ref> and cement.<ref>{{Cite web|title=Adani Enterprises Incorporates New Subsidiary For Cement Business|url=https://www.moneycontrol.com/news/business/adani-enterprises-incorporates-new-subsidiary-for-cement-business-7026321.html|access-date=2021-06-18|website=Moneycontrol}}</ref>

* Adani Wilmar: Incorporated in 1999, Adani Wilmar is a [[food processing]] company and a [[joint venture]] between Adani Group and [[Wilmar International]]. In November 2000, Adani Wilmar launched its flagship brand "Fortune" under which it produces and sells edible oil, flour, rice, pulses, sugar, soya nuggets and instant food mixes.<ref>{{Cite web|date=2020-11-24|title=Adani Wilmar completes 20 years of Fortune brand; to set up new plants across businesses|url=https://www.financialexpress.com/industry/adani-wilmar-completes-20-years-of-fortune-brand-to-set-up-new-plants-across-businesses/2135589/|access-date=2021-03-10|website=The Financial Express|language=en-US}}</ref> The company also makes [[personal care]] products like soaps, handwash and hand sanitizers under "Alife" brand.<ref>{{cite news |last1=Vora |first1=Rutam |title=Adani Wilmar sees food business growing 3x over oils in next five years |url=https://www.thehindubusinessline.com/companies/adani-wilmar-sees-food-business-growing-3x-over-oils-in-next-five-years/article33170588.ece |access-date=5 June 2021 |work=Business Line |language=en}}</ref>
* Adani Airport Holdings: Adani Airport Holdings is the airport management and operations subsidiary of Adani Enterprises. It is the majority stakeholder in Mumbai International Airport Limited (MIAL), which owns the [[Chhatrapati Shivaji Maharaj International Airport]] and the under-construction [[Navi Mumbai International Airport]]. In addition, the company has 50-year lease on [[Sardar Vallabhbhai Patel International Airport|Ahmedabad]], [[Lokpriya Gopinath Bordoloi International Airport|Guwahati]], [[Jaipur International Airport|Jaipur]], [[Chaudhary Charan Singh Airport|Lucknow]], [[Mangalore International Airport|Mangalore]] and [[Trivandrum International Airport|Thiruvananthapuram]] airports, starting January 2021. It will operate, manage and develop all six airports for 50 years.<ref>{{cite news |title=Adani Group completes acquisition of 23.5% stake in Mumbai Airport; to hike ownership to 74% |url=https://www.businesstoday.in/current/corporate/adani-group-completes-acquisition-of-235-stake-in-mumbai-airport-to-hike-ownership-to-74/story/430554.html |access-date=25 April 2021 |work=www.businesstoday.in}}</ref><ref>{{cite news |last1=Gandhi |first1=Forum |title=Adani takes over MIAL, Navi Mumbai airports after a 2-year tussle with GVK |url=https://www.thehindubusinessline.com/companies/gvk-in-deal-with-adani-group-for-mumbai-international-airport/article32484211.ece |access-date=5 June 2021 |work=Business Line |language=en}}</ref>
*Adani Road Transport: Adani Road Transport undertakes construction, operations and maintenance of roads, highways, expressways and tollways.<ref>{{cite news |title=Adani Enterprises road biz receives LoA from NHAI |url=https://www.business-standard.com/article/news-cm/adani-enterprises-road-biz-receives-loa-from-nhai-121031900520_1.html |access-date=2 June 2021 |work=Business Standard India |date=2021-03-19}}</ref>

Former subsidiaries Adani Ports & SEZ, Adani Power and Adani Transmission were [[demerger|demerged]] from Adani Enterprises in 2015,<ref>{{cite news |last1=Pathak |first1=Maulik |title=Adani announces mega demerger scheme, to list Adani Transmissions |url=https://www.livemint.com/Companies/FJeraNpdKs0MazN4W0qySN/Adani-board-approves-mega-demerger-scheme.html |access-date=21 April 2021 |work=mint |date=30 January 2015 |language=en}}</ref> whereas Adani Green Energy and Adani Gas were demerged in 2018.<ref>{{cite news |title=Adani Enterprises trades ex-date to spin off its renewable energy biz |url=https://www.business-standard.com/article/markets/adani-enterprises-trades-ex-date-to-spin-off-its-renewable-energy-biz-118040500237_1.html |access-date=21 April 2021 |work=Business Standard India |date=5 April 2018}}</ref><ref>{{cite news |title=Adani Gas lists at ₹72 after demerger from parent AEL |url=https://www.thehindubusinessline.com/markets/adani-gas-lists-at-72-after-demerger-from-parent-ael/article25428423.ece |access-date=21 April 2021 |work=Business Line |date=5 November 2018 |language=en}}</ref>

=== Adani Green Energy ===
[[Adani Green Energy]] is the renewable energy arm of the group with portfolio of 5,290 MW of wind and solar power plants.<ref>{{Cite news|title=Adani Green Energy arm bags 130-MW wind power project from SECI|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/energy/power/adani-green-energy-arm-bags-130-mw-wind-power-project-from-seci/articleshow/69874616.cms?from=mdr|access-date=2021-03-23}}</ref>

=== Adani Ports & SEZ ===
[[File:Adani port.jpg|thumb|A view of [[Mundra Port]] in 2017.]]
[[Adani Ports & SEZ]] (APSEZ) is the largest private port company and [[special economic zone]] in India. The company is headed by Karan Adani, CEO of APSEZ. The company's operations include Port management, [[logistics]] and the [[special economic zone]]. The company operates at the following ports: [[Mundra Port|Mundra]], [[Port of Dahej|Dahej]], and [[Hazira Port|Hazira]], Gujarat; [[Dhamra Port|Dhamra]], [[Odisha]]; [[Kattupalli]], [[Tamil Nadu]]; and [[Vizhinjam International Seaport|Vizhinjam]], [[Kerala]].

In addition, the Adani Group manages terminals at the ports of [[Mormugao Port Trust|Mormugao]], [[Kamarajar Port|Ennore]], [[Visakhapatnam Port|Vishakhapatnam]] and Kandla (Tuna Takra).
<ref>{{cite news|url=http://www.business-standard.com/company/adani-ports-special-economic-zone-ltd-21281/information/company-history|title=Adani Ports & Special Economic Zone Ltd.|newspaper=Business Standard India|access-date=25 June 2018|via=Business Standard}}</ref>
The logistics arm was initially promoted by the Mundra Port Infrastructure Development Company, an enterprise of the Government of Gujarat and Adani Port. The company began operations at the Mundra Port in October 1998. With a Concession Agreement with the Government of Gujarat and the [[Gujarat Maritime Board]] in February 2001I, the group was granted the right to operate and develop the Mundra Port situated at the Navinal Island in the [[Kutch district|Kutch]] region for 30 years.<ref>{{cite web|url=https://economictimes.indiatimes.com/adani-ports-&-special-economic-zone-ltd/infocompanyhistory/companyid-20316.cms|title=Adani Ports & Special Economic Zone History – Adani Ports & Special Economic Zone Information – The Economic Times|website=economictimes.indiatimes.com|access-date=25 June 2018}}</ref>

In August 2020, [[Mundra Port]] became the largest container port in India surpassing [[Jawaharlal Nehru Port|JNPT]].<ref>{{Cite web|date=2020-08-16|title=Mundra Port becomes largest container port in India surpassing JNPT.|url=https://biharjharkhandnewsnetwork.com/mundra-port-becomes-largest-container-port-india-surpassing-jnpt/|access-date=2021-03-05|website=Bihar Jharkhand News Network|language=en-US}}</ref>

=== Adani Power ===
[[File:Mundra thermal power station.jpg|thumb|[[Mundra Thermal Power Station]] in Gujarat.]]
[[Adani Power]] was established in August 1996.<ref>{{cite web|url=http://pressroom.today/journey-of-rajesh-adani-managing-director-adani-group/|title=Rajesh Adani: The Journey from Ahmedabad to Adani Group|website=Pressroom Today|access-date=20 April 2018|archive-url=https://web.archive.org/web/20180504012626/http://pressroom.today/journey-of-rajesh-adani-managing-director-adani-group/|archive-date=4 May 2018|url-status=dead}}</ref> The company develops and maintains power projects in India. The firm has a combined installed capacity of 10,440 MW with four thermal power projects across India.

The company runs the following subsidiaries:

* Adani Power Maharashtra Limited
* Adani Power Rajasthan Limited
* Adani Power Dahej Limited
* Mundra Power SEZ Limited
* Adani Power (Overseas) Limited<ref>{{cite web|url=http://profit.ndtv.com/stock/adani-power-ltd_adanipower/reports|title=Adani Power: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Adani Power – NDTV|website=profit.ndtv.com|access-date=25 June 2018}}</ref><ref>{{cite web|url=https://economictimes.indiatimes.com/adani-power-ltd/infocompanyhistory/companyid-23479.cms|title=Adani Power History – Adani Power Information – The Economic Times|access-date=25 June 2018}}</ref>

In 2014, Adani Power overtook Tata Power to become India's largest power producer.<ref>{{cite news|url=https://economictimes.indiatimes.com/industry/energy/power/adani-power-becomes-indias-largest-private-power-producer/articleshow/33200354.cms?intenttarget=no|title=Adani Power becomes India's largest private power producer|first=Mitul|last=Thakkar|date=4 April 2014|access-date=25 June 2018|newspaper=[[The Economic Times]]}}</ref> The third phase of Adani Power Ltd's (APL) thermal power plant at Mundra in Gujarat is the world's first coal-fired plant to receive carbon credits from the [[United Nations Framework Convention on Climate Change]] (UNFCCC)<ref>{{cite web|url=https://www.thehindubusinessline.com/companies/adanis-coal-fired-plant-at-mundra-to-earn-rs-600-cr-in-carbon-credits/article23086942.ece|title=Adanis' coal-fired plant at Mundra to earn Rs 600 cr in carbon credits|access-date=25 June 2018}}</ref>
Adani Power's Udupi Power Plant has been conferred with the Power Award by the [[Government of Karnataka]].<ref>{{cite web|url=http://www.daijiworld.com/news/newsDisplay.aspx?newsID=479055|title=Udupi: Adani UPCL honoured with Power Awards|publisher=daijiworld.com|access-date=25 June 2018}}</ref>

=== Adani Total Gas ===
Adani Total Gas is a city gas distribution company serving both industrial and residential customers in India through [[piped natural gas]] connections and [[compressed natural gas]] stations. It is a [[joint venture]] between Adani Group and the French oil and gas company [[TotalEnergies]].<ref>{{Cite news|title=Adani Gas to change name to Adani Total Gas|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/energy/oil-gas/adani-gas-to-change-name-to-adani-total-gas/articleshow/79425964.cms|access-date=2021-02-06}}</ref> Adani Total Gas has presence in 22 geographical areas (GAs) as a standalone entity as of November 2020. In addition, Indian Oil-Adani Gas Pvt. Ltd., a 50:50 joint venture between Adani Total Gas and [[Indian Oil Corporation]], operates city gas distribution networks in 19 GAs.<ref>{{cite news |title=Adani Gas gains for fifth straight day after it buys CGD biz in 3 new areas |url=https://www.business-standard.com/article/markets/adani-gas-gains-for-fifth-straight-day-after-it-buys-cgd-biz-in-3-new-areas-120110900243_1.html |access-date=6 June 2021 |work=Business Standard India |date=2020-11-09}}</ref> With a combined presence of 41 GAs in 74 [[Districts of India|districts]], Adani Total Gas is the largest city gas operator in India.<ref>{{cite news |title=Adani Gas to acquire three of Jay Madhok Energy's city gas licences |url=https://www.business-standard.com/article/companies/adani-gas-to-acquire-three-of-jay-madhok-energy-s-city-gas-licences-120110401231_1.html |access-date=6 June 2021 |work=Business Standard India |date=2020-11-04}}</ref>

=== Adani Transmission ===
Integrated in 2013, [[Adani Transmission]] handles the commissioning, operations and maintenance of electric power transmission systems.<ref>{{cite news|title=Adani Transmission Ltd.|newspaper=Business Standard India|url=http://www.business-standard.com/company/adani-transmissi-66273/information/company-history|access-date=25 June 2018|via=[[Business Standard]]}}</ref> The holding company holds, operates and maintains 8,511<ref>{{cite web|last=PTI|date=1 November 2017|title=Adani Transmission buys Reliance Infrastructure WRSSS assets for Rs1,000 crore|url=https://www.livemint.com/Companies/WM6ReKLgZiOIGyxzvgyzZM/Adani-Transmission-buys-Reliance-Infrastructure-WRSSS-assets.html|access-date=25 June 2018|publisher=[[Mint (newspaper)|Mint]]}}</ref> circuit kilometres of transmission lines that range from 400 to 765 kilovolts. The total transmission capacity of the company is 16,200 MW.<ref>{{cite web|last=Editorial|first=Reuters|title=Company Profile for ${Instrument_CompanyName}|url=https://in.reuters.com/finance/stocks/company-profile/ADAI.NS|access-date=25 June 2018|website=IN}}</ref>

==Sports==
[[File:Adani Arena Rockhampton.jpg|thumb|Adani Arena in Rockhampton, Australia]]
The Adani Group has multiple initiatives in sports.

Launched in 2016 to prepare athletes for [[2016 Summer Olympics|Rio Olympics]], Garv Hai is a nationwide programme to promote sports and support athletes in India. It has been re-launched for a second time to groom athletes for [[2020 Summer Olympics|2020 Tokyo Olympics]], [[2022 Asian Games]] and [[Commonwealth Games]]. The programme focuses on archery, shooting, athletics, boxing, and wrestling. Beneficiaries of the Garv Hai pilot project in 2016 include [[Ankita Raina]] (tennis), [[Pinki Jangra]] (boxing), [[Shiva Thapa]] (boxing), [[Khushbir Kaur]] (athletics), [[Inderjeet Singh]] (athletics), [[Mandeep Jangra]] (boxing), [[Malaika Goel]] (shooting), [[Deepak Punia (wrestler)|Deepak Punia]] (wrestling), [[K. T. Irfan|KT Irfan]] (racewalking) and [[Sanjivani Jadhav]] (athletics).<ref>{{Cite web|url=https://www.firstpost.com/sports/tokyo-olympics-2020-racewalker-kt-irfan-says-mega-events-postponement-gives-him-chance-to-train-more-8247201.html|title=Tokyo Olympics 2020: Racewalker KT Irfan says mega event's postponement gives him chance to train more|website=Firstpost|access-date=14 April 2020}}</ref><ref>{{Cite web|url=https://www.mid-day.com/articles/tokyo-olympics-deepak-punia-powers-on/22722284|title=Tokyo Olympics: Deepak Punia powers on!|date=9 April 2020|website=mid-day|language=en|access-date=10 April 2020}}</ref><ref>{{cite web|url=https://www.thequint.com/news/hot-news/adani-group-announces-training-aid-for-hidden-sports-talents|title=Adani Group announces training aid for hidden sports talents|date=27 June 2019|website=The Quint}}</ref><ref>{{cite web|url=https://www.outlookindia.com/newsscroll/adani-group-announces-training-aid-for-hidden-sports-talents/1563198|title=Adani Group announces training aid for hidden sports talents|website= www.outlookindia.com/}}</ref><ref name="sports">{{cite news |title=Adani Group launches Garv Hai project to groom potential medallists |url=https://sportstar.thehindu.com/other-sports/adani-group-garv-hai-project-sports-grooming-training-india/article28246243.ece |access-date=2 July 2021 |work=Sportstar |language=en}}</ref>

Another initiative is the Surguja Football Academy in Chhattisgarh. So far 11 players from Surguja have been selected to play for national [[India national football team|Indian football team]].<ref name="sports"/>

== Controversies ==
=== Coal mining in Australia ===
[[File:Adani's Abbot Point coal spill photos (33962498356).jpg|thumb|Coal spill at [[Abbot Point]], Australia, after [[Cyclone Debbie]] in 2017.]]
The Adani Group launched in 2014, with the support of a part of the Australian Government and Queensland, a mining and rail project ([[Carmichael coal mine]]) in Carmichael in [[Queensland]]'s Galilee Basin for $21.5 billion<ref name=DescriptionAdani90ans>ADANI, [http://www.adaniaustralia.com.au/pdf_details.php?pid=63 "Description of the mine project" by the Adani, PDF, 110 pages] {{Webarchive|url=https://web.archive.org/web/20150316183555/http://www.adaniaustralia.com.au/pdf_details.php?pid=63 |date=16 March 2015 }} (version projecting a 90-year exploitation)</ref> (over the life of the project, i.e. 60 years<ref name=DescriptionAdani90ans/>). This mine is just one of many coal mines in Queensland, Australia. Its annual capacity would be 10 Mt of thermal coal.<ref>{{Cite web|title=Carmichael Mine {{!}} Bravus Mining & Resources|url=https://www.bravus.com.au/carmichael-mine/|access-date=2021-05-18|website=Carmichael Mine {{!}} Bravus Mining & Resources|language=en}}</ref>

This project will occupy an area of {{convert|35,000|ha}}. In response to activist pressure some international banks refused to finance it,<ref>{{cite web|url=https://www.theguardian.com/environment/2014/nov/18/carmichael-mine-environmental-impact-unknown-for-years|title=Carmichael mine: environmental impact will be unknown for years|first=Oliver|last=Milman|date=17 November 2014|via=www.theguardian.com}}</ref> and in November 2018, Adani Australia announced that the Carmichael project would be 100% financed by Adani Group resources.<ref>{{Cite news|agency=Press Trust of India|date=2018-11-29|title=Adani's Carmichael mine, rail project to be financed through group's resources|work=Business Standard India|url=https://www.business-standard.com/article/pti-stories/adani-s-carmichael-mine-rail-project-to-be-financed-through-group-s-resources-118112900349_1.html|access-date=2021-05-18}}</ref> In July 2019, the project received its final approvals from the Australian Government and construction of the mine commenced.<ref>{{cite web|url=https://www.statedevelopment.qld.gov.au/coordinator-general/assessments-and-approvals/coordinated-projects/completed-projects/carmichael-coal-mine-and-rail-project.html|title=Carmichael Coal Mine and Rail Project|website=statedevelopment.qld.gov.au}}</ref>

The Australian Government has been taken to the [[Federal Court of Australia]] by the [[Australian Conservation Foundation]] twice, once in 2018 and once in March 2020 (still ongoing {{as of|lc=yes|September 2020}}), relating to its contravention and alleged contravention of the ''[[Environment Protection and Biodiversity Conservation Act 1999]]'' with respect to the impact of the mine on [[groundwater]] and the country's [[water resources]].<ref name=acf2020/>

=== Tax evasion ===
On 27 February 2010, [[Central Bureau of Investigation]] arrested Rajesh Adani, Managing Director of Adani Enterprises Ltd on charges of custom duty evasion to the tune of ₹80 [[lakh]].<ref>{{cite web|title=Adani Enterprises MD arrested for custom duty evasion – Times of India ►|url=https://timesofindia.indiatimes.com/business/india-business/Adani-Enterprises-MD-arrested-for-custom-duty-evasion/articleshow/5623927.cms|access-date=7 April 2019|website=The Times of India}}</ref>

In August 2017, [[Central Board of Excise and Customs|Indian customs]] alleged the Adani Group was diverting millions of funds from the company's books to Adani family tax havens overseas. Adani was accused of using a [[Dubai]] shell company to divert the funds.<ref>{{cite web|last=Safi|first=Michael|date=21 February 2018|title=Adani mining giant facing renewed claims of $600m fraud in India|url=https://www.theguardian.com/business/2018/feb/22/adani-mining-giant-facing-renewed-claims-of-600m-in-india|access-date=25 June 2018|website=the Guardian|language=en}}</ref> The details of $235 million diversion were obtained and published by ''[[The Guardian]]''.<ref>{{cite web|title=Adani document|url=https://www.scribd.com/document/356317230/Adani-document|access-date=25 June 2018|website=Scribd|language=en}}</ref> In 2014, the [[Directorate of Revenue Intelligence]] mapped out a complex money trail from [[India]] through [[South Korea]] and [[Dubai]], and eventually to an offshore company in [[Mauritius]] allegedly owned by Vinod Shantilal Adani, the older brother of [[Gautam Adani]].<ref>{{cite web|last=Safi|first=Michael|date=15 August 2017|title=Adani mining giant faces financial fraud claims as it bids for Australian coal loan|url=https://www.theguardian.com/world/2017/aug/16/adani-mining-giant-faces-financial-claims-as-it-bids-for-australian-coal-loan|access-date=25 June 2018|website=[[The Guardian]]|language=en}}</ref>

==Awards and recognition==
'''APSEZ'''
*[[Adani Ports & SEZ]] (APSEZ) received "India's Container Port of the Year 2016" in [[Mumbai]]. The port developer and logistics arm of the Group was awarded the same at the 7th edition of the All India Maritime and Logistics Awards (MALA).<ref>{{cite web|url=http://mala-awards.com/mala16-winners.aspx|title=MALA 2016|website=mala-awards.com|access-date=25 June 2018}}</ref><ref>{{cite web|url=http://www.supplychainlog.com/2016/10/08/adani-ports-wins-indias-container-port-of-the-year-award/|title=Adani Ports wins "India's Container Port of the year" award|date=8 October 2016|access-date=25 June 2018}}</ref>
*Adani Ports and Special Economic Zone (APSEZ) Limited won the "Non-Major Port of the Year 2015" by the All Time Maritime and Logistics Award (MALA).<ref>{{cite web|url=http://mala-awards.com/Mala15-winners.aspx |title=Rock Band |publisher=Mala-awards.com |access-date=5 February 2020}}</ref>
*Adani Ports and Special Economic Zone (APSEZ) Limited won the Emerging Company of the year 2014 at the Economic Time awards.<ref>{{cite web|url=https://economictimes.indiatimes.com/slideshows/events/et-awards-2014-meet-the-winners/lifetime-achievement-yusuf-k-hamied-chairman-cipla/slideshow/45342498.cms|title=ET Awards 2014: Meet the winners|website=The Economic Times|access-date=25 June 2018}}</ref>

'''Adani Green Energy Limited'''
*In January 2018, Adani Green Energy Limited, a division of Adani Group, entered into the global top 15 list of solar power developers by GTM Research, the market analysis and consulting arm of [[Greentech Media]].<ref>{{cite web|url=https://www.thehindubusinessline.com/companies/adani-arm-breaks-into-global-top-15-list-of-solar-power-developers/article10020414.ece|title=Adani arm breaks into global top 15 list of solar power developers|access-date=25 June 2018}}</ref>

==Philanthropy==
[[Adani Foundation]] has established cost free schools, the Adani Vidya Mandir, at 3 different locations in [[Ahmedabad]]<ref>{{cite web|url=https://indiaeducationdiary.in/adani-vidyamandir-school-ahmedabad-got-distinction-first-cost-free-school-india-get-nabet-accredited-school-certificate/|title=Adani VidyaMandir School, Ahmedabad got the distinction of being the first cost-free school in India to get NABET Accredited School certificate|first=India Education Diary Bureau|last=Admin|date=4 April 2019}}</ref> [[Bhadreshwar]]<ref>{{cite web|url=https://ahmedabadmirror.indiatimes.com/ahmedabad/others/another-feather-in-cap-for-adani-foundation/articleshow/71301165.cms|title=Another feather in cap for Adani foundation|website=Ahmedabad Mirror}}</ref> and [[Surguja]]<ref>{{cite web|url=https://indiacsr.in/dr-priti-adani-fronts-adani-vidya-mandir-surguja-chhattisgarh-educate-underprivileged/|title=Dr. Priti Adani fronts Adani Vidya Mandir at Surguja, Chhattisgarh to educate the underprivileged|date=28 February 2018}}</ref> for underprivileged children. Other schools funded by the foundation include Adani [[D.A.V. College Managing Committee|DAV Public School]], Adani Vidyalayas and Navchetan Vidyalaya. The foundation provides education to 1,00,000 children through 600 schools and balwadis.<ref>{{Cite web|url=https://exclusivenews.co.in/adani-vidya-mandir-school-ahmedabad-becomes-the-first-cost-free-school-in-india-to-get-nabet-accredited-school-certificate/|title=Adani Vidya Mandir School, Ahmedabad becomes the first cost-free school in India to get NABET Accredited School certificate}}</ref>

Set up by Gujarat Adani Institute of Medical Sciences, the GK General Hospital with 750 beds in [[Bhuj]] provides treatment to many people.<ref>{{cite web|url=https://timesofindia.indiatimes.com/city/rajkot/First-batch-of-Bhuj-Medical-college-commences/articleshow/4904224.cms|title=First batch of Bhuj Medical college commences | Rajkot News - Times of India|website=The Times of India}}</ref> The foundation has inaugurated village development works in the villages of Bada gram panchayat.<ref>{{cite web|url=http://www.daijiworld.com/news/newsDisplay.aspx?newsID=626465|title=Udupi: Adani Foundation CSR - Development works worth Rs 30.50 lac unveiled in Bada GP|website=daijiworld.com}}</ref>

The Adani Foundation has implemented System of Rice Intensification method on 4,000 acres of farmland spread across 42 villages and empowered 2,050 farmers.<ref>{{cite web|url=https://ahmedabadmirror.indiatimes.com/others/specials/art-of-giving/articleshow/58433385.cms|title=Art of Giving|website=Ahmedabad Mirror}}</ref>

In 2020, the Adani Foundation donated {{INRConvert|100|c|lk=|year=2020}} to the [[PM CARES Fund]] to fight the [[COVID-19 pandemic]].<ref>{{Cite web|url=https://www.indiatvnews.com/business/news-coronavirus-gautam-adani-donation-rs-1000-crore-pm-fund-602679|title=Gautam Adani gives Rs 100 crore to PM Fund to fight coronavirus|last=Joshi|first=Manas|date=29 March 2020|website=www.indiatvnews.com|language=en|access-date=1 April 2020}}</ref><ref>{{Cite web|url=https://www.indiagazette.com/news/264473036/covid-19-adani-foundation-contributes-rs-100-cr-to-pm-cares-fund|title=COVID-19: Adani Foundation contributes Rs. 100 Cr to PM-CARES fund|website=India Gazette|language=en|access-date=1 April 2020}}</ref> The Foundation made contributions of {{INRConvert|5|c|lk=|year=2020}} to the Gujarat CM Relief Fund and {{INRConvert|1|c|lk=|year=2020}} to Maharashtra CM Relief Fund.<ref>{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/billionaire-gautam-adani-commits-to-support-fight-against-coronavirus/articleshow/74983932.cms|title=Billionaire Gautam Adani commits to support fight against coronavirus|date=4 April 2020|work=The Economic Times|access-date=10 April 2020}}</ref> The employees of Adani Group made a contribution of {{INRConvert|4|c|lk=|year=2020}} to Adani Foundation for [[COVID-19]] relief measures.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/ahmedabad/adani-employees-contribute-rs-4-crore-to-pm-fund/articleshow/74975161.cms|title=Ahmedabad: Gautam Adani employees contribute Rs 4 crore to PM fund {{!}} Ahmedabad News - Times of India|last=4 Apr|first=TNN {{!}} Updated|last2=2020|website=The Times of India|language=en|access-date=10 April 2020|last3=Ist|first3=08:37}}</ref>

In March 2021, Adani Group announced that it will reimburse the charges incurred by the employees and their families for the [[COVID-19]] vaccination.<ref>{{Cite web|author=Staff Writer|date=2021-03-21|title=Adani Group to reimburse Covid vaccination charges to employees|url=https://www.livemint.com/news/india/adani-group-to-reimburse-covid-vaccination-charges-to-employees-11616299865627.html|access-date=2021-04-26|website=mint|language=en}}</ref>

In May 2021, Adani Group procured 48 cryogenic tanks from manufacturers in [[Thailand]], Singapore, [[Saudi Arabia]], [[United Arab Emirates|UAE]] and [[Taiwan]] for transporting medical grade liquid oxygen to combat the second wave of COVID-19 in India.<ref>{{Cite web|date=2021-05-08|title=Adani Group deploys resources for Covid fight, procures 48 oxygen carrying tanks|url=https://www.financialexpress.com/industry/adani-group-deploys-resources-for-covid-fight-procures-48-oxygen-carrying-tanks/2248324/|access-date=2021-07-01|website=The Financial Express|language=en-US}}</ref><ref>{{Cite web|title=From Amazon to Tata, Reliance to Vedanta, industry steps up to combat COVID-19 pandemic|url=https://www.msn.com/en-in/money/topstories/from-amazon-to-tata-reliance-to-vedanta-industry-steps-up-to-combat-covid-19-pandemic/ar-BB1gx932?li=AAgfW3S&srcref=rss|access-date=2021-07-01|website=www.msn.com}}</ref>

==See also==
*[[Adani Institute of Infrastructure Management]]
*[[Gujarat Adani Institute of Medical Sciences]]

==References==
{{reflist}}

==External links==
* [http://www.adani.com Official website]
{{Adani Group}}

[[Category:Adani Group| ]]
[[Category:Companies based in Ahmedabad]]
[[Category:Indian companies established in 1988]]
[[Category:1988 establishments in Gujarat]]
[[Category:Adani family]]

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