Highlights
- Gautam Adani becomes the third Indian to have $100 Billion capital
- Their market comprises every industry imaginable
- Adani Green focuses on greener projects and eco-friendly goods.
Even in the given states of the Indian economy, it seems the ones who deserved to win a profit have earned it during the period of lockdown. Gautam Adani has become among the third Indian to cross the 100 billion USD market in the world of market capitalization. The Adani Empire has been built over the last two decades with several airports, data centers, and several other areas like gas stations and defense.
Gautam Adani Crossing The 100 Billion USD Mark
The total market capitalization for the Adani groups has been estimated as 7.84 lakh crore rupees or 106.8 billion USD. This data is presented in the stock market venues and it is certainly one of the most impressive amounts earned by a single group.
Adani groups are among the third Indian conglomerates that have been able to cross the milestone of 100 billion USD. It ranks behind the Tata Industries and Reliance Group. The amount is certainly a great achievement for an organization that did not start long ago.
The Journey Of The Adani Team
Gautam Adani began as a simple commodities trader in the early 1980s. The keen ideas of entrepreneurship and business models have helped him to reach the place he is in now. The empire that he has built contains almost everything from the data centers to the power plants. For the last two years, his team has also gained contracts for building seven prestigious airports and they have control over 25% of the air traffic. This speaks heights about the extent of power this company holds over the privatized assets of the nation.
In the last few weeks, another prestigious project has landed in the hands of the Adani team. They have been offered to monitor and regulate the wind-powered mills in Gujarat. The pact has been signed to produce about 1 gigawatt of data from the data center under its control in India. About 30% of the port industry is controlled by the Adani group and the team is also focusing on greener sources of energy. The total capital has also increased simultaneously with these projects in hand.
Adani Green And Adani Power
Both Adani Green and Adani Power are capable of bringing some of the best chances in the world of energy usage. They have been noted for the use of eco-friendly means to develop the technology. It is expected that with the environment-friendly products, they will gain even more popularity.