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Adani Group: Too Big To Fail

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New Delhi

Typifying the entrepreneurial journey of resilience – Gautam Adani – began over three decades ago during which time this first-generation entrepreneur has built a $105 billion MCap diversified conglomerate.

Focused on sustainable and long-term value creation, the Group continues to work with the twin objectives of further deleveraging and looking at opportunities to expand and grow. The Group’s core strength lies in mega-scale infrastructure project execution capabilities and infrastructure is increasingly becoming central to India’s growth.

Even the Hindenburg report failed to dent his reputation as an industrialist whose business acumen has helped to modernize India. The investors’ confidence that took a hit after the Hindenburg report got a boost after investments by big names like GQG’s Rajiv Jain.

On his investment in the Adani Group, Jain had said in an interview with The Australian Financial Review that it was a safe bet because the conglomerate is irreplaceable as about 25 per cent of India’s air traffic passes through their airports and 25 to 40 per cent of India’s cargo volume goes through their ports.

In his message to shareholders in July this year, Adani said, Our balance sheet, assets, and operating cash flows continue to get stronger and are now healthier than ever before. The Group’s strategy has always been to align itself with the Indian growth story, irrespective of who is in power at the Centre, and this has positioned us very strongly for future growth.

The banking partners continue to remain aligned with this and look at us as a long-term partner in this journey. Our infrastructure assets generate stable revenues and contribute over four-fifth of the group’s Ebitda.

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