Gautam Adani

Having established his business empire in 1988, Gautam Adani built Adani Group from a commodity trading firm into a $32bn (revenue) conglomerate that consists of 10 publicly listed companies with interests in ports, airports, power generation and transmission and green energy, among others.

Earlier in June, Adani said the group is well positioned to capitalise on opportunities in India’s booming infrastructure sector as spending is expected to surge. The group is betting on the country’s infrastructure spending, which is expected to grow at a compounded annual growth rate of 20-25 per cent.

Adani Group reportedly plans to invest $15.6bn in the 2024-25 fiscal year ending March, with its renewable energy arm, Adani Green Energy, expected to invest $4.1bn to add six gigawatts of capacity.

The group’s corporate social responsibility arm, Adani Foundation, runs pan-India initiatives in critical sectors of education, healthcare, sustainable livelihoods, and community infrastructure development that touch more than 3.4 million lives annually.