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The Adani Group is a multinational conglomerate with its headquarters in India. The Adani Group includes seven publicly traded companies. Adani Group was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises. The Adani Group's business portfolio includes port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure.
The Adani Group has its headquarters in Ahmedabad. The conglomerate is positioned as the market leader in its transport logistics and energy utility portfolio businesses by focusing on large-scale infrastructure development in India.
Adani Enterprises Limited (AEL) is the flagship company of the Adani Group and is one of the largest business organisations in India. The conglomerate began as Adani Exports Limited, a commodity trading firm, in 1988 and diversified into the import and export of various commodities.
In 1990, Adani Group developed its own port in Mundra, Gujarat to serve as a base for its trading operations. Operations at Mundra port commenced in 1995. The company began coal trading in 1999, and it was followed by a joint venture in edible oil refining in 2000 through a joint venture with Wilmar, Singapore. The company expanded its business in 2008 by purchasing the Bunyu Mine in Indonesia.
The Adani group further became India's largest private coal mining company after Adani Enterprises won the rights to the Orissa mine in 2010. Two years later, the company shifted focus to three primary businesses: resources, logistics and energy.
Adani Renewable Energy Park signed a pact with the Rajasthan Government in 2015 for a 50:50 joint venture to set up India's largest solar park. In 2016, 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 May 2022, the Adani Group acquired Ambuja Cements, making the Adani Group the second-largest cement maker in India.
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