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<span>Subsidiaries</span> </div> </a> <button aria-controls="toc-Subsidiaries-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Subsidiaries subsection</span> </button> <ul id="toc-Subsidiaries-sublist" class="vector-toc-list"> <li id="toc-Adani_Agri_Fresh" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Agri_Fresh"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1</span> <span>Adani Agri Fresh</span> </div> </a> <ul id="toc-Adani_Agri_Fresh-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Airport_Holdings" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Airport_Holdings"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.2</span> <span>Adani Airport Holdings</span> </div> </a> <ul id="toc-Adani_Airport_Holdings-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Cement" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Cement"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.3</span> <span>Adani Cement</span> </div> </a> <ul id="toc-Adani_Cement-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-AdaniConneX" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#AdaniConneX"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.4</span> <span>AdaniConneX</span> </div> </a> <ul id="toc-AdaniConneX-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Defence_&_Aerospace" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Defence_&_Aerospace"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.5</span> <span>Adani Defence & Aerospace</span> </div> </a> <ul id="toc-Adani_Defence_&_Aerospace-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Digital_Labs" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Digital_Labs"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.6</span> <span>Adani Digital Labs</span> </div> </a> <ul id="toc-Adani_Digital_Labs-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Mining" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Mining"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.7</span> <span>Adani Mining</span> </div> </a> <ul id="toc-Adani_Mining-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_New_Industries" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_New_Industries"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.8</span> <span>Adani New Industries</span> </div> </a> <ul id="toc-Adani_New_Industries-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Road_Transport" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Road_Transport"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.9</span> <span>Adani Road Transport</span> </div> </a> <ul id="toc-Adani_Road_Transport-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Shipping" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Shipping"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.10</span> <span>Adani Shipping</span> </div> </a> <ul id="toc-Adani_Shipping-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Solar" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Solar"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.11</span> <span>Adani Solar</span> </div> </a> <ul id="toc-Adani_Solar-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Water" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Water"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.12</span> <span>Adani Water</span> </div> </a> <ul id="toc-Adani_Water-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Welspun_Exploration" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Welspun_Exploration"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.13</span> <span>Adani Welspun Exploration</span> </div> </a> <ul id="toc-Adani_Welspun_Exploration-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Adani_Wilmar" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Adani_Wilmar"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.14</span> <span>Adani Wilmar</span> </div> </a> <ul id="toc-Adani_Wilmar-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-AMG_Media_Networks" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#AMG_Media_Networks"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.15</span> <span>AMG Media Networks</span> </div> </a> <ul id="toc-AMG_Media_Networks-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Kutch_Copper" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Kutch_Copper"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.16</span> <span>Kutch Copper</span> </div> </a> <ul id="toc-Kutch_Copper-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Former_subsidiaries" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Former_subsidiaries"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Former subsidiaries</span> </div> </a> <ul id="toc-Former_subsidiaries-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Investments" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Investments"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Investments</span> </div> </a> <ul id="toc-Investments-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Controversies" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Controversies"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Controversies</span> </div> </a> <button aria-controls="toc-Controversies-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Controversies subsection</span> </button> <ul id="toc-Controversies-sublist" class="vector-toc-list"> <li id="toc-Opposition_to_Carmichael_mine" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Opposition_to_Carmichael_mine"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.1</span> <span>Opposition to Carmichael mine</span> </div> </a> <ul id="toc-Opposition_to_Carmichael_mine-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Allegations_of_stock_manipulation" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Allegations_of_stock_manipulation"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.2</span> <span>Allegations of stock manipulation</span> </div> </a> <ul id="toc-Allegations_of_stock_manipulation-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button 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<div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Indian multinational holding company</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Adani Enterprises Limited</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Adani_logo_2012.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Adani_logo_2012.svg/200px-Adani_logo_2012.svg.png" decoding="async" width="200" height="71" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Adani_logo_2012.svg/300px-Adani_logo_2012.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Adani_logo_2012.svg/400px-Adani_logo_2012.svg.png 2x" data-file-width="113" data-file-height="40" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Formerly</th><td class="infobox-data nickname">Adani Exports Limited (1993–2006)</td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"> <ul><li><a href="/wiki/Bombay_Stock_Exchange" title="Bombay Stock Exchange">BSE</a>: <a rel="nofollow" class="external text" href="https://www.bseindia.com/stock-share-price/x/y/512599/">512599</a></li> <li><a href="/wiki/National_Stock_Exchange_of_India" title="National Stock Exchange of India">NSE</a>: <a rel="nofollow" class="external text" href="https://www.nseindia.com/get-quotes/equity?symbol=ADANIENT">ADANIENT</a></li> <li><a href="/wiki/NIFTY_50" title="NIFTY 50">NSE NIFTY 50 Constituent</a></li></ul> </div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/International_Securities_Identification_Number" title="International Securities Identification Number">ISIN</a></th><td class="infobox-data"><span class="plainlinks"><a class="external text" href="https://isin.toolforge.org/?language=en&isin=INE423A01024">INE423A01024</a></span></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">2 March 1993<span class="noprint">; 31 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">2 March 1993</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Founder</th><td class="infobox-data agent"><a href="/wiki/Gautam_Adani" title="Gautam Adani">Gautam Adani</a></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="/wiki/Ahmedabad" title="Ahmedabad">Ahmedabad</a>, <a href="/wiki/Gujarat" title="Gujarat">Gujarat</a></div>, <div class="ib-company-country country-name">India</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">Worldwide</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><a href="/wiki/Gautam_Adani" title="Gautam Adani">Gautam Adani</a> (<a href="/wiki/Chairman" class="mw-redirect" title="Chairman">Chairman</a>) <br /> Rajesh Adani (<a href="/wiki/Managing_Director" class="mw-redirect" title="Managing Director">MD</a>)</td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><div class="hlist"><ul><li><a href="/wiki/Mining" title="Mining">Mining</a></li><li><a href="/wiki/Airport#Management" title="Airport">Airport operations</a></li><li><a href="/wiki/Food_processing" title="Food processing">Food processing</a></li><li><a href="/wiki/Road#Construction" title="Road">Road infrastructure</a></li><li><a href="/wiki/Photovoltaic_system" title="Photovoltaic system">Solar PV system manufacturing</a></li><li><a href="/wiki/Data_center" title="Data center">Data centers</a></li><li><a href="/wiki/Water_infrastructure" class="mw-redirect" title="Water infrastructure">Water infrastructure</a></li><li><a href="/wiki/Aerospace" title="Aerospace">Aerospace</a></li><li><a href="/wiki/Defense_industry" class="mw-redirect" title="Defense industry">Defence</a></li><li><a href="/wiki/Railway_infrastructure_manager" title="Railway infrastructure manager">Rail infrastructure</a></li><li><a href="/wiki/Bunkering" title="Bunkering">Bunkering</a></li><li><a href="/wiki/Hydrocarbon_exploration" title="Hydrocarbon exploration">Hydrocarbon exploration</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>98,281 crore</span> (US$12 billion) (2024)<sup id="cite_ref-FY23_1-0" class="reference"><a href="#cite_note-FY23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Consolidated_FY23_2-0" class="reference"><a href="#cite_note-Consolidated_FY23-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>4,925 crore</span> (US$590 million) (2024) <sup id="cite_ref-EBIT_FY23_3-0" class="reference"><a href="#cite_note-EBIT_FY23-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>3,240 crore</span> (US$390 million) (2024)<sup id="cite_ref-FY23_1-1" class="reference"><a href="#cite_note-FY23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> <sup id="cite_ref-Consolidated_FY23_2-1" class="reference"><a href="#cite_note-Consolidated_FY23-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>160,732 crore</span> (US$19 billion)<sup id="cite_ref-fy_4-0" class="reference"><a href="#cite_note-fy-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> (2024)</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>44,186 crore</span> (US$5.3 billion)<sup id="cite_ref-fy_4-1" class="reference"><a href="#cite_note-fy-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> (2024)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">26,932 (including 19,756 workers) (2024)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Adani_Group" title="Adani Group">Adani Group</a></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data">See <a href="#Subsidiaries">list</a></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.adanienterprises.com">www<wbr />.adanienterprises<wbr />.com</a></span> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q107646415#P856" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></td></tr><tr><td colspan="2" class="infobox-below"><b>Footnotes / references</b><br /><sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup></td></tr></tbody></table> <p><b>Adani Enterprises Limited (AEL)</b> is an Indian <a href="/wiki/Multinational_corporation" title="Multinational corporation">multinational</a> publicly-listed <a href="/wiki/Holding_company" title="Holding company">holding company</a> and a part of <a href="/wiki/Adani_Group" title="Adani Group">Adani Group</a>. It is headquartered in <a href="/wiki/Ahmedabad" title="Ahmedabad">Ahmedabad</a> and primarily involved in mining and trading of <a href="/wiki/Coal_mining" title="Coal mining">coal</a> and <a href="/wiki/Iron_mining" class="mw-redirect" title="Iron mining">iron ore</a>. Through its various subsidiaries, it also has business interests in <a href="/wiki/Airport#Management" title="Airport">airport operations</a>, <a href="/wiki/Cooking_oil" title="Cooking oil">edible oils</a>, road, rail and water infrastructure, <a href="/wiki/Data_centers" class="mw-redirect" title="Data centers">data centers</a>, and solar manufacturing, among others. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The company was incorporated in 1993 under the name Adani Exports Limited.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> It mainly deals with the group's integrated resources management, power trading, and natural resources businesses on a standalone basis.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> Its general purpose is to act as an in-house <a href="/wiki/Business_incubator" title="Business incubator">incubator</a> for <a href="/wiki/Adani_Group" title="Adani Group">Adani Group</a>'s new businesses until they become self-sustainable.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p><p>Through its various subsidiaries, Adani Enterprises is involved in <a href="/wiki/Edible_oils" class="mw-redirect" title="Edible oils">edible oils</a> and staple foods,<sup id="cite_ref-wilmar_10-0" class="reference"><a href="#cite_note-wilmar-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> airport operations,<sup id="cite_ref-tussle_11-0" class="reference"><a href="#cite_note-tussle-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Photovoltaic_system" title="Photovoltaic system">solar PV</a> manufacturing,<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> road infrastructure,<sup id="cite_ref-loa_nhai_13-0" class="reference"><a href="#cite_note-loa_nhai-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> water infrastructure,<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Data_center" title="Data center">data centers</a>,<sup id="cite_ref-ag1_15-0" class="reference"><a href="#cite_note-ag1-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> agri-output storage and distribution,<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> defence and aerospace,<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Bunkering" title="Bunkering">bunkering</a>,<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> shipping,<sup id="cite_ref-shipping_19-0" class="reference"><a href="#cite_note-shipping-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> rail and <a href="/wiki/Rapid_transit" title="Rapid transit">metro</a> infrastructure,<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Oil_exploration" class="mw-redirect" title="Oil exploration">oil exploration</a>,<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Petrochemicals" class="mw-redirect" title="Petrochemicals">petrochemicals</a>,<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Mass_media" title="Mass media">mass media</a>,<sup id="cite_ref-amg_23-0" class="reference"><a href="#cite_note-amg-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Green_hydrogen" title="Green hydrogen">green hydrogen</a>,<sup id="cite_ref-energy_24-0" class="reference"><a href="#cite_note-energy-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> cement,<sup id="cite_ref-moneycontrol.com_25-0" class="reference"><a href="#cite_note-moneycontrol.com-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> copper,<sup id="cite_ref-copper_26-0" class="reference"><a href="#cite_note-copper-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> aluminium,<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> and online services.<sup id="cite_ref-digital_28-0" class="reference"><a href="#cite_note-digital-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Subsidiaries">Subsidiaries</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=2" title="Edit section: Subsidiaries"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Notable subsidiaries and jointly-controlled companies of Adani Enterprises include: </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Agri_Fresh">Adani Agri Fresh</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=3" title="Edit section: Adani Agri Fresh"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Adani Agri Fresh is involved in procurement, packaging, logistics and marketing of apples produced by farmers in <a href="/wiki/Himachal_Pradesh" title="Himachal Pradesh">Himachal Pradesh</a>, as well as and other Indian fruits, under <i>Farm-Pik</i> brand.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> It also imports fruits from other countries and sells them in the Indian market.<sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Airport_Holdings">Adani Airport Holdings</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=4" title="Edit section: Adani Airport Holdings"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Chhatrapati_Shivaji_International_Airport_3.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8e/Chhatrapati_Shivaji_International_Airport_3.jpg/220px-Chhatrapati_Shivaji_International_Airport_3.jpg" decoding="async" width="220" height="124" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8e/Chhatrapati_Shivaji_International_Airport_3.jpg/330px-Chhatrapati_Shivaji_International_Airport_3.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8e/Chhatrapati_Shivaji_International_Airport_3.jpg/440px-Chhatrapati_Shivaji_International_Airport_3.jpg 2x" data-file-width="4160" data-file-height="2340" /></a><figcaption><a href="/wiki/Chhatrapati_Shivaji_Maharaj_International_Airport" title="Chhatrapati Shivaji Maharaj International Airport">Chhatrapati Shivaji Maharaj International Airport</a> in Mumbai.</figcaption></figure> <p>Adani Airport Holdings is the airport management and operations subsidiary. It is the majority stakeholder in Mumbai International Airport Limited (MIAL), which owns the <a href="/wiki/Chhatrapati_Shivaji_Maharaj_International_Airport" title="Chhatrapati Shivaji Maharaj International Airport">Chhatrapati Shivaji Maharaj International Airport</a> and the under-construction <a href="/wiki/Navi_Mumbai_International_Airport" title="Navi Mumbai International Airport">Navi Mumbai International Airport</a>.According to <a href="/wiki/Media_(communication)" title="Media (communication)">media</a> <a href="/wiki/Reports" class="mw-redirect" title="Reports">reports</a> as of 2023, Adani Enterprises operates seven airports, acquired during the government's initial privatization initiative. These include <a href="/wiki/Mumbai" title="Mumbai">Mumbai</a>, <a href="/wiki/Ahmedabad" title="Ahmedabad">Ahmedabad</a>, <a href="/wiki/Lucknow" title="Lucknow">Lucknow</a>, <a href="/wiki/Thiruvananthapuram" title="Thiruvananthapuram">Thiruvananthapuram</a>, <a href="/wiki/Jaipur" title="Jaipur">Jaipur</a>, <a href="/wiki/Guwahati" title="Guwahati">Guwahati</a>, and <a href="/wiki/Mangaluru" class="mw-redirect" title="Mangaluru">Mangaluru</a>.<sup id="cite_ref-Mukul_2022_p689_31-0" class="reference"><a href="#cite_note-Mukul_2022_p689-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Cement">Adani Cement</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=5" title="Edit section: Adani Cement"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Adani Cement or Adani Cement Industries Limited (ACIL) is a cement company based in <a href="/wiki/Gujarat" title="Gujarat">Gujarat</a>, <a href="/wiki/India" title="India">India</a>. It was incorporated by Adani Group on June 11, 2021.<sup id="cite_ref-moneycontrol.com_25-1" class="reference"><a href="#cite_note-moneycontrol.com-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> Adani Cement is wholly-owned subsidiary of Adani Enterprises and has not begun its business operations.<sup id="cite_ref-32" class="reference"><a href="#cite_note-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup> It was reported in June 2021 that the Adani Group planned to set up a cement plant in <a href="/wiki/Maharashtra" title="Maharashtra">Maharashtra</a> which will have an initial capacity of 5-Million tonnes per annum with an approximate investment of ₹900-1,000 crore.<sup id="cite_ref-:0_34-0" class="reference"><a href="#cite_note-:0-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> The Group has proposed a 10-million tonnes per annum <a href="/wiki/Lakhpat" title="Lakhpat">Lakhpat</a> cement plant, but later put the plans for that plant on hold.<sup id="cite_ref-:0_34-1" class="reference"><a href="#cite_note-:0-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="AdaniConneX">AdaniConneX</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=6" title="Edit section: AdaniConneX"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>AdaniConneX was launched in 2021 as a 50:50 joint venture with EdgeConneX to develop a network of hyperscale <a href="/wiki/Data_center" title="Data center">data centers</a> in India, starting with <a href="/wiki/Chennai" title="Chennai">Chennai</a>, <a href="/wiki/Navi_Mumbai" title="Navi Mumbai">Navi Mumbai</a>, <a href="/wiki/Noida" title="Noida">Noida</a>, <a href="/wiki/Visakhapatnam" title="Visakhapatnam">Visakhapatnam</a> and <a href="/wiki/Hyderabad" title="Hyderabad">Hyderabad</a>.<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> In 2022, AdaniConneX announced that it was building a hyperscale data center in <a href="/wiki/Kolkata" title="Kolkata">Kolkata</a>'s Bengal Silicon Valley tech hub.<sup id="cite_ref-ag1_15-1" class="reference"><a href="#cite_note-ag1-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Defence_&_Aerospace"><span id="Adani_Defence_.26_Aerospace"></span>Adani Defence & Aerospace</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=7" title="Edit section: Adani Defence & Aerospace"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>It is a defense manufacturing arm of the company. It manufactures with armed drones such as <a href="/wiki/Drishti-10_Starliner" class="mw-redirect" title="Drishti-10 Starliner">Drishti 10 Starliner</a> UAV<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup> and small arms such as <a href="/wiki/IWI_Negev" title="IWI Negev">IWI Negev</a>, <a href="/wiki/Tavor_TAR-21" class="mw-redirect" title="Tavor TAR-21">Tavor TAR-21</a>, and <a href="/wiki/IWI_ACE" class="mw-redirect" title="IWI ACE">IWI ACE</a>.<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup> As a part of a joint venture between <a href="/wiki/Elbit_Systems" title="Elbit Systems">Elbit Systems</a> from Israel and Adani Defence and Aerospace, a manufacturing facility for <a href="/wiki/Unmanned_aerial_vehicle" title="Unmanned aerial vehicle">unmanned aerial vehicle</a> have been set up at <a href="/wiki/Hyderabad_(India)" class="mw-redirect" title="Hyderabad (India)">Hyderabad</a>, <a href="/wiki/Telangana" title="Telangana">Telangana</a>, inaugurated in 2019.<sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup> In April 2020, Adani Defence Systems and Technologies acquired Alpha Design Technologies Pvt Ltd., an organization involved in the design, development, and manufacture of defense electronics and avionics.<sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup> </p><p>In September 2020, Adani acquired a 51 percent stake in PLR Systems Private Ltd which was incorporated in 2013 and engages in manufacturing and supply of indigenously built defense equipment to the armed forces.<sup id="cite_ref-43" class="reference"><a href="#cite_note-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup> In May 2022, Adani Defence Systems and Technologies, a wholly-owned subsidiary of Adani Enterprises, signed a definitive agreement to acquire a 50% stake in Bengaluru-based General Aeronautics.<sup id="cite_ref-44" class="reference"><a href="#cite_note-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> The company is involved with DRDO in <a href="/wiki/DRDO_Glide_Bombs#Long_Range_Bomb_-_Gaurav" title="DRDO Glide Bombs">Long-range Guided Bomb</a>, <a href="/wiki/VSHORAD_(India)" title="VSHORAD (India)">VSHORAD</a>, UAV launched Precision Guided Munition (ULPGM), <a href="/wiki/NASM-SR" title="NASM-SR">NASM-SR</a> and <a href="/wiki/Rudram-1" class="mw-redirect" title="Rudram-1">Rudram-1</a>.<sup id="cite_ref-45" class="reference"><a href="#cite_note-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-46" class="reference"><a href="#cite_note-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup> </p><p>In February 2024, Adani Defence & Aerospace inaugurated two ammunition and missile manufacturing facilities in the Uttar Pradesh Defence Corridor at Kanpur. Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the Ammunition & Missiles Complex, marking the first phase of the state’s defence corridor. These facilities are designed to produce various calibres of ammunition and missiles for the Indian armed forces and police. The complex spans 500 acres and will produce 150 million rounds of small-calibre ammunition,covering 25% of India’s annual requirement.<sup id="cite_ref-g697_47-0" class="reference"><a href="#cite_note-g697-47"><span class="cite-bracket">[</span>47<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-n745_48-0" class="reference"><a href="#cite_note-n745-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup> </p><p>In June 2024, Adani signed an agreement with <a href="/wiki/Thales_Group" title="Thales Group">Thales Group</a> to locally manufacture 70 mm calibre <a href="/wiki/FZ275_LGR" title="FZ275 LGR">FZ275 LGR</a> rockets for Indian attack helicopters like <a href="/wiki/HAL_Rudra" title="HAL Rudra">HAL Rudra</a> and <a href="/wiki/HAL_Prachand" title="HAL Prachand">HAL Prachand</a>.<sup id="cite_ref-49" class="reference"><a href="#cite_note-49"><span class="cite-bracket">[</span>49<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-50" class="reference"><a href="#cite_note-50"><span class="cite-bracket">[</span>50<span class="cite-bracket">]</span></a></sup> </p><p>In June 2024, Adani Defence and Aerospace and <a href="/wiki/EDGE_Group" title="EDGE Group">EDGE Group</a>, a <a href="/wiki/UAE" class="mw-redirect" title="UAE">UAE</a>-based technology and defence organisation, entered a cooperation agreement. The collaboration covers missiles, weapons, unmanned systems, air defence products, and electronic warfare technologies with potential R&D and production facilities in India and the UAE.<sup id="cite_ref-x997_51-0" class="reference"><a href="#cite_note-x997-51"><span class="cite-bracket">[</span>51<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Digital_Labs">Adani Digital Labs</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=8" title="Edit section: Adani Digital Labs"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Adani Digital Labs was incorporated in September 2021 as a wholly-owned subsidiary of Adani Enterprises, to build a digital platform for the consumers of Adani Group's <a href="/wiki/B2C" class="mw-redirect" title="B2C">B2C</a> businesses.<sup id="cite_ref-digital_28-1" class="reference"><a href="#cite_note-digital-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-52" class="reference"><a href="#cite_note-52"><span class="cite-bracket">[</span>52<span class="cite-bracket">]</span></a></sup> In December 2022, the company made the <a href="/wiki/Alpha_release" class="mw-redirect" title="Alpha release">alpha release</a> of the <a href="/wiki/Mobile_app" title="Mobile app">mobile app</a>, named "Adani One", with the integration of the group's airport vertical.<sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">[</span>53<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Mining">Adani Mining</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=9" title="Edit section: Adani Mining"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Blogskale_20220412-ccm-404.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Blogskale_20220412-ccm-404.jpg/220px-Blogskale_20220412-ccm-404.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Blogskale_20220412-ccm-404.jpg/330px-Blogskale_20220412-ccm-404.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Blogskale_20220412-ccm-404.jpg/440px-Blogskale_20220412-ccm-404.jpg 2x" data-file-width="1334" data-file-height="1000" /></a><figcaption><a href="/wiki/Carmichael_coal_mine" title="Carmichael coal mine">Carmichael coal mine</a> in Australia.</figcaption></figure> <p>Adani Enterprises operates its mines in India, Indonesia and Australia, and supplies coal to Bangladesh, China, and some countries in Southeast Asia. It has a coal mine in <a href="/wiki/Bunyu" title="Bunyu">Bunyu</a>, <a href="/wiki/North_Kalimantan" title="North Kalimantan">North Kalimantan</a>, Indonesia, which produced 3.9 Mt of coal in 2016–17. The Group has made the largest investment by an Indian company in Australia at the controversial <a href="/wiki/Carmichael_coal_mine" title="Carmichael coal mine">Carmichael coal mine</a> in the <a href="/wiki/Galilee_Basin" title="Galilee Basin">Galilee Basin</a>, <a href="/wiki/Queensland" title="Queensland">Queensland</a>. Development of this mine is as of 2020<sup class="plainlinks noexcerpt noprint asof-tag update" style="display:none;"><a class="external text" href="https://en.wikipedia.org/w/index.php?title=Adani_Enterprises&action=edit">[update]</a></sup> the subject of a court challenge to the <a href="/wiki/Australian_Government" title="Australian Government">Australian Government</a> over its lack of adherence to environmental legislation.<sup id="cite_ref-acf2020_54-0" class="reference"><a href="#cite_note-acf2020-54"><span class="cite-bracket">[</span>54<span class="cite-bracket">]</span></a></sup> </p><p>In 2020, Adani Australia, the controversial Australian mining arm of Adani Enterprises was rebranded as <a href="/wiki/Bravus_Mining_%26_Resources" class="mw-redirect" title="Bravus Mining & Resources">Bravus Mining & Resources</a>.<sup id="cite_ref-55" class="reference"><a href="#cite_note-55"><span class="cite-bracket">[</span>55<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-56" class="reference"><a href="#cite_note-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-57" class="reference"><a href="#cite_note-57"><span class="cite-bracket">[</span>57<span class="cite-bracket">]</span></a></sup> The new subsidiary is responsible for developing <a href="/wiki/Carmichael_coal_mine" title="Carmichael coal mine">Carmichael coal mine</a> in <a href="/wiki/Central_Queensland" title="Central Queensland">Central Queensland</a>.<sup id="cite_ref-58" class="reference"><a href="#cite_note-58"><span class="cite-bracket">[</span>58<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_New_Industries">Adani New Industries</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=10" title="Edit section: Adani New Industries"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Adani New Industries was incorporated in January 2022 as a wholly-owned <a href="/wiki/Renewable_energy" title="Renewable energy">new energy</a> subsidiary of Adani Enterprises. It undertakes <a href="/wiki/Green_hydrogen" title="Green hydrogen">green hydrogen</a> projects such as <a href="/wiki/Low-carbon_power" class="mw-redirect" title="Low-carbon power">low-carbon power</a> generation, as well as the manufacture of <a href="/wiki/Hydrogen_fuel_cell" class="mw-redirect" title="Hydrogen fuel cell">hydrogen fuel cells</a>, <a href="/wiki/Wind_turbine" title="Wind turbine">wind turbines</a>, <a href="/wiki/Solar_module" class="mw-redirect" title="Solar module">solar modules</a> and batteries.<sup id="cite_ref-energy_24-1" class="reference"><a href="#cite_note-energy-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-59" class="reference"><a href="#cite_note-59"><span class="cite-bracket">[</span>59<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Road_Transport">Adani Road Transport</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=11" title="Edit section: Adani Road Transport"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:National_Highway-4_kolhapur.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/80/National_Highway-4_kolhapur.jpg/220px-National_Highway-4_kolhapur.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/80/National_Highway-4_kolhapur.jpg/330px-National_Highway-4_kolhapur.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/80/National_Highway-4_kolhapur.jpg/440px-National_Highway-4_kolhapur.jpg 2x" data-file-width="600" data-file-height="450" /></a><figcaption>The <a href="/wiki/Kagal" title="Kagal">Kagal</a>–<a href="/wiki/Satara_(city)" title="Satara (city)">Satara</a> stretch of <a href="/wiki/National_Highway_48_(India)" title="National Highway 48 (India)">NH48</a> to be six-laned under <a href="/wiki/Bharatmala" title="Bharatmala">Bharatmala</a>'s <a href="/wiki/Build-operate-transfer" class="mw-redirect" title="Build-operate-transfer">build-operate-transfer</a> agreement.</figcaption></figure> <p>Adani Road Transport undertakes construction, operations and maintenance of roads, highways, expressways and tollways.<sup id="cite_ref-loa_nhai_13-1" class="reference"><a href="#cite_note-loa_nhai-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> The company has <a href="/wiki/National_Highways_Authority_of_India" title="National Highways Authority of India">NHAI</a> projects in the states of Andhra Pradesh,<sup id="cite_ref-60" class="reference"><a href="#cite_note-60"><span class="cite-bracket">[</span>60<span class="cite-bracket">]</span></a></sup> Chhattisgarh,<sup id="cite_ref-61" class="reference"><a href="#cite_note-61"><span class="cite-bracket">[</span>61<span class="cite-bracket">]</span></a></sup> Gujarat,<sup id="cite_ref-loa_nhai_13-2" class="reference"><a href="#cite_note-loa_nhai-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> Kerala,<sup id="cite_ref-62" class="reference"><a href="#cite_note-62"><span class="cite-bracket">[</span>62<span class="cite-bracket">]</span></a></sup> Madhya Pradesh,<sup id="cite_ref-63" class="reference"><a href="#cite_note-63"><span class="cite-bracket">[</span>63<span class="cite-bracket">]</span></a></sup> Maharashtra,<sup id="cite_ref-64" class="reference"><a href="#cite_note-64"><span class="cite-bracket">[</span>64<span class="cite-bracket">]</span></a></sup> Odisha,<sup id="cite_ref-65" class="reference"><a href="#cite_note-65"><span class="cite-bracket">[</span>65<span class="cite-bracket">]</span></a></sup> Telangana,<sup id="cite_ref-66" class="reference"><a href="#cite_note-66"><span class="cite-bracket">[</span>66<span class="cite-bracket">]</span></a></sup> and West Bengal.<sup id="cite_ref-67" class="reference"><a href="#cite_note-67"><span class="cite-bracket">[</span>67<span class="cite-bracket">]</span></a></sup> </p><p>In December 2021, it won the contract to build a 464 km stretch of the 594 km-long <a href="/wiki/Ganga_Expressway" title="Ganga Expressway">Ganga Expressway</a> in Uttar Pradesh.<sup id="cite_ref-68" class="reference"><a href="#cite_note-68"><span class="cite-bracket">[</span>68<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Shipping">Adani Shipping</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=12" title="Edit section: Adani Shipping"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Incorporated in 2006, Adani Shipping is a <a href="/wiki/Singapore" title="Singapore">Singapore</a>-based step-down subsidiary which operates a fleet of <a href="/wiki/Bulk_carrier" title="Bulk carrier">bulk carriers</a>. In 2011, it began transporting coal from the group's mines in Indonesia and Australia.<sup id="cite_ref-shipping_19-1" class="reference"><a href="#cite_note-shipping-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-69" class="reference"><a href="#cite_note-69"><span class="cite-bracket">[</span>69<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Solar">Adani Solar</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=13" title="Edit section: Adani Solar"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Adani Solar is the <a href="/wiki/Solar_PV" class="mw-redirect" title="Solar PV">solar PV</a> manufacturing and EPC subsidiary of Adani Enterprises. As of November 2020, it is the largest integrated solar cell and module manufacturer in India.<sup id="cite_ref-70" class="reference"><a href="#cite_note-70"><span class="cite-bracket">[</span>70<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Water">Adani Water</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=14" title="Edit section: Adani Water"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>It was founded as a subsidiary in December 2018, with a focus on water infrastructure construction. It is currently involved in wastewater treatment, recycle and reuse projects at <a href="/wiki/Prayagraj" title="Prayagraj">Prayagraj</a> under the <a href="/wiki/Pollution_of_the_Ganges#National_Mission_for_clean_Ganga" title="Pollution of the Ganges">National Mission for Clean Ganga Framework</a>.<sup id="cite_ref-71" class="reference"><a href="#cite_note-71"><span class="cite-bracket">[</span>71<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Welspun_Exploration">Adani Welspun Exploration</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=15" title="Edit section: Adani Welspun Exploration"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Adani Welspun Exploration is a 65:35 joint venture between <a href="/wiki/Adani_Group" title="Adani Group">Adani Group</a> (through Adani Enterprises) and <a href="/wiki/Welspun_Group" class="mw-redirect" title="Welspun Group">Welspun Enterprises</a>. It is involved in <a href="/wiki/Oil_and_gas_exploration" class="mw-redirect" title="Oil and gas exploration">oil and gas exploration</a>.<sup id="cite_ref-72" class="reference"><a href="#cite_note-72"><span class="cite-bracket">[</span>72<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Adani_Wilmar">Adani Wilmar</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=16" title="Edit section: Adani Wilmar"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Adani_Wilmar" title="Adani Wilmar">Adani Wilmar</a></div> <p>Incorporated in 1999, <a href="/wiki/Adani_Wilmar" title="Adani Wilmar">Adani Wilmar</a> is a <a href="/wiki/Food_processing" title="Food processing">food processing</a> company and a <a href="/wiki/Joint_venture" title="Joint venture">joint venture</a> between Adani Enterprises and <a href="/wiki/Wilmar_International" title="Wilmar International">Wilmar International</a>. In November 2000, Adani Wilmar launched its flagship brand "Fortune" under which it produces and sells <a href="/wiki/Edible_oil" class="mw-redirect" title="Edible oil">edible oils</a> including <a href="/wiki/Sunflower_oil" title="Sunflower oil">sunflower oil</a>, <a href="/wiki/Palm_oil" title="Palm oil">palm oil</a>, <a href="/wiki/Soybean_oil" title="Soybean oil">soybean oil</a>, <a href="/wiki/Mustard_oil" title="Mustard oil">mustard oil</a>, <a href="/wiki/Rice_bran_oil" title="Rice bran oil">rice bran oil</a>, <a href="/wiki/Cottonseed_oil" title="Cottonseed oil">cottonseed oil</a>, <a href="/wiki/Groundnut_oil" class="mw-redirect" title="Groundnut oil">groundnut oil</a> and <a href="/wiki/Dalda" title="Dalda">vanaspati</a>. Apart from edible oils, it sells flour, rice, pulses, sugar, soya nuggets and instant food mixes.<sup id="cite_ref-73" class="reference"><a href="#cite_note-73"><span class="cite-bracket">[</span>73<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-74" class="reference"><a href="#cite_note-74"><span class="cite-bracket">[</span>74<span class="cite-bracket">]</span></a></sup> The company makes <a href="/wiki/Personal_care" class="mw-redirect" title="Personal care">personal care</a> products like soaps, handwash and hand sanitizers under "Alife" brand.<sup id="cite_ref-wilmar_10-1" class="reference"><a href="#cite_note-wilmar-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> It makes industrial use products comprising <a href="/wiki/Oleochemicals" class="mw-redirect" title="Oleochemicals">oleochemicals</a>, <a href="/wiki/Castor_oil" title="Castor oil">castor oil</a> and <a href="/wiki/Lecithin" title="Lecithin">lecithin</a>.<sup id="cite_ref-75" class="reference"><a href="#cite_note-75"><span class="cite-bracket">[</span>75<span class="cite-bracket">]</span></a></sup> </p><p>The company went public in January 2022 with an <a href="/wiki/Initial_public_offering" title="Initial public offering">initial public offering</a>, after which Adani Enterprises and Wilmar International continued to hold a combined 88% stake in Adani Wilmar.<sup id="cite_ref-76" class="reference"><a href="#cite_note-76"><span class="cite-bracket">[</span>76<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="AMG_Media_Networks">AMG Media Networks</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=17" title="Edit section: AMG Media Networks"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>AMG Media Networks was incorporated in April 2022 as a wholly-owned media and publishing subsidiary of Adani Enterprises.<sup id="cite_ref-amg_23-1" class="reference"><a href="#cite_note-amg-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> In May 2022, AMG Media Networks announced the acquisition of a 49% stake in Quintillion Business Media Ltd, which operates <a href="/wiki/BQ_Prime" title="BQ Prime">BQ Prime</a>, for an undisclosed amount. Adani Enterprises had previously acquired an unspecified minority stake in the company in March 2022.<sup id="cite_ref-77" class="reference"><a href="#cite_note-77"><span class="cite-bracket">[</span>77<span class="cite-bracket">]</span></a></sup> In August 2022, AMG Media Networks announced the acquisition of a 29.18% stake in <a href="/wiki/NDTV" title="NDTV">NDTV</a> through its subsidiary.<sup id="cite_ref-78" class="reference"><a href="#cite_note-78"><span class="cite-bracket">[</span>78<span class="cite-bracket">]</span></a></sup> In December 2022, it acquired an additional 8.27% stake via a <a href="/wiki/Tender_offer" title="Tender offer">tender offer</a><sup id="cite_ref-79" class="reference"><a href="#cite_note-79"><span class="cite-bracket">[</span>79<span class="cite-bracket">]</span></a></sup> and 27.26% stake from the promoters <a href="/wiki/Radhika_Roy" title="Radhika Roy">Radhika Roy</a> and <a href="/wiki/Prannoy_Roy" title="Prannoy Roy">Prannoy Roy</a>, to raise its total shareholding in NDTV to over 64%.<sup id="cite_ref-80" class="reference"><a href="#cite_note-80"><span class="cite-bracket">[</span>80<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Kutch_Copper">Kutch Copper</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=18" title="Edit section: Kutch Copper"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Kutch Copper is a wholly-owned subsidiary of Adani Enterprises which was incorporated in March 2021 to manufacture copper <a href="/wiki/Cathode" title="Cathode">cathodes</a>, copper rods and other copper products.<sup id="cite_ref-copper_26-1" class="reference"><a href="#cite_note-copper-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> In 2022, the company was reported to be setting up a <a href="/wiki/Greenfield_project" title="Greenfield project">greenfield</a> copper refinery complex at <a href="/wiki/Mundra" title="Mundra">Mundra</a> with 1 million tonnes per annum (MTPA) capacity, expected to commence production in 2024.<sup id="cite_ref-81" class="reference"><a href="#cite_note-81"><span class="cite-bracket">[</span>81<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Former_subsidiaries">Former subsidiaries</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=19" title="Edit section: Former subsidiaries"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Former subsidiaries <a href="/wiki/Adani_Ports_%26_SEZ" title="Adani Ports & SEZ">Adani Ports & SEZ</a>, <a href="/wiki/Adani_Power" title="Adani Power">Adani Power</a> and <a href="/wiki/Adani_Transmission" class="mw-redirect" title="Adani Transmission">Adani Transmission</a> were <a href="/wiki/Demerger" title="Demerger">demerged</a> from Adani Enterprises in 2015.<sup id="cite_ref-82" class="reference"><a href="#cite_note-82"><span class="cite-bracket">[</span>82<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Adani_Green_Energy" title="Adani Green Energy">Adani Green Energy</a> and Adani Gas were demerged in 2018.<sup id="cite_ref-83" class="reference"><a href="#cite_note-83"><span class="cite-bracket">[</span>83<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-84" class="reference"><a href="#cite_note-84"><span class="cite-bracket">[</span>84<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Investments">Investments</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=20" title="Edit section: Investments"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2021, Adani Enterprises acquired a 20% stake in the online travel company <a href="/wiki/Cleartrip" title="Cleartrip">Cleartrip</a>.<sup id="cite_ref-85" class="reference"><a href="#cite_note-85"><span class="cite-bracket">[</span>85<span class="cite-bracket">]</span></a></sup> Adani Enterprises acquired a 49% stake in Maharashtra Border Check Post Network, a subsidiary of the publicly-listed <a href="/wiki/Sadbhav_Engineering" title="Sadbhav Engineering">Sadbhav Infrastructure Projects</a>.<sup id="cite_ref-86" class="reference"><a href="#cite_note-86"><span class="cite-bracket">[</span>86<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Controversies">Controversies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=21" title="Edit section: Controversies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Opposition_to_Carmichael_mine">Opposition to Carmichael mine</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=22" title="Edit section: Opposition to Carmichael mine"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Keep_Australia_Beautiful!_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_(45203181425).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/63/Keep_Australia_Beautiful%21_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_%2845203181425%29.jpg/220px-Keep_Australia_Beautiful%21_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_%2845203181425%29.jpg" decoding="async" width="220" height="147" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/63/Keep_Australia_Beautiful%21_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_%2845203181425%29.jpg/330px-Keep_Australia_Beautiful%21_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_%2845203181425%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/63/Keep_Australia_Beautiful%21_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_%2845203181425%29.jpg/440px-Keep_Australia_Beautiful%21_Stop_Adani%27s_coal_mine_-_-climatestrike_Melbourne_IMG_3469_%2845203181425%29.jpg 2x" data-file-width="5184" data-file-height="3456" /></a><figcaption>A protest in Melbourne.</figcaption></figure> <p>The <a href="/wiki/Carmichael_coal_mine" title="Carmichael coal mine">Carmichael coal mine</a> project has faced <a href="/wiki/Environmental_movement" title="Environmental movement">environmental protests</a> across Australia since the mine was proposed in 2010.<sup id="cite_ref-87" class="reference"><a href="#cite_note-87"><span class="cite-bracket">[</span>87<span class="cite-bracket">]</span></a></sup> The pressure from environmental groups forced international banks and financial institutions to not lend to the project, and resulted in a long delay in securing environmental clearances.<sup id="cite_ref-88" class="reference"><a href="#cite_note-88"><span class="cite-bracket">[</span>88<span class="cite-bracket">]</span></a></sup> In 2018, Adani Group scaled down the mine's capacity and self-financed the project.<sup id="cite_ref-89" class="reference"><a href="#cite_note-89"><span class="cite-bracket">[</span>89<span class="cite-bracket">]</span></a></sup> An <a href="/wiki/Indigenous_Australians" title="Indigenous Australians">indigenous group</a> of the region went to court seeking invalidation of the <a href="/wiki/Indigenous_land_use_agreement" class="mw-redirect" title="Indigenous land use agreement">indigenous land use agreement</a> which was approved by its representatives, but the appeal was dismissed by the <a href="/wiki/Federal_Court_of_Australia" title="Federal Court of Australia">Federal Court</a> in 2019.<sup id="cite_ref-90" class="reference"><a href="#cite_note-90"><span class="cite-bracket">[</span>90<span class="cite-bracket">]</span></a></sup> The mine made its first coal shipment in December 2021.<sup id="cite_ref-91" class="reference"><a href="#cite_note-91"><span class="cite-bracket">[</span>91<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Allegations_of_stock_manipulation">Allegations of stock manipulation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=23" title="Edit section: Allegations of stock manipulation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On 24 January 2023, <a href="/wiki/Hindenburg_Research" title="Hindenburg Research">Hindenburg Research</a> published the findings of a two-year investigation claiming that Adani had engaged in <a href="/wiki/Market_manipulation" title="Market manipulation">market manipulation</a> and accounting malpractices.<sup id="cite_ref-report_92-0" class="reference"><a href="#cite_note-report-92"><span class="cite-bracket">[</span>92<span class="cite-bracket">]</span></a></sup> Hindenburg also disclosed that it was holding <a href="/wiki/Short_(finance)" title="Short (finance)">short positions</a> on Adani Group companies.<sup id="cite_ref-report_92-1" class="reference"><a href="#cite_note-report-92"><span class="cite-bracket">[</span>92<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-93" class="reference"><a href="#cite_note-93"><span class="cite-bracket">[</span>93<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-94" class="reference"><a href="#cite_note-94"><span class="cite-bracket">[</span>94<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-95" class="reference"><a href="#cite_note-95"><span class="cite-bracket">[</span>95<span class="cite-bracket">]</span></a></sup> Bonds and shares of companies associated with Adani experienced a decline in value after the accusations.<sup id="cite_ref-96" class="reference"><a href="#cite_note-96"><span class="cite-bracket">[</span>96<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-97" class="reference"><a href="#cite_note-97"><span class="cite-bracket">[</span>97<span class="cite-bracket">]</span></a></sup> Adani denied the fraud allegations as unfounded and ill-intentioned. On 26 January 2023, Adani Group expressed its intention of taking legal action against Hindenburg.<sup id="cite_ref-98" class="reference"><a href="#cite_note-98"><span class="cite-bracket">[</span>98<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=24" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-FY23-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-FY23_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-FY23_1-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.businesstoday.in/markets/company-stock/story/adani-enterprises-q4-results-net-profit-rises-138-to-rs-722-cr-firm-declares-rs-12-dividend-380034-2023-05-04">"Adani Enterprises Q4 results: Net profit rises 138% to Rs 722 cr; firm declares Rs 1.2 dividend"</a>. <i>Business Today</i>. 4 May 2023<span class="reference-accessdate">. Retrieved <span class="nowrap">7 May</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Business+Today&rft.atitle=Adani+Enterprises+Q4+results%3A+Net+profit+rises+138%25+to+Rs+722+cr%3B+firm+declares+Rs+1.2+dividend&rft.date=2023-05-04&rft_id=https%3A%2F%2Fwww.businesstoday.in%2Fmarkets%2Fcompany-stock%2Fstory%2Fadani-enterprises-q4-results-net-profit-rises-138-to-rs-722-cr-firm-declares-rs-12-dividend-380034-2023-05-04&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> <li id="cite_note-Consolidated_FY23-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-Consolidated_FY23_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Consolidated_FY23_2-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.moneycontrol.com/financials/adanienterprises/consolidated-profit-lossVI/AE13#AE13">"AEL financials"</a>. <i>Moneycontrol</i>. 6 June 2023<span class="reference-accessdate">. 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Retrieved <span class="nowrap">13 April</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Adani+Group&rft.atitle=Adani+Enterprises+Limited+-+Annual+Report&rft_id=https%3A%2F%2Freports.adani.com%2FAdani-Enterprises-Limited-Annual-Report%2Findex.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.business-standard.com/company/adani-enterp-4244/information/company-history">"Adani Enterprises Ltd"</a>. <i>Business Standard India</i><span class="reference-accessdate">. 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Retrieved <span class="nowrap">25 January</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+New+York+Times&rft.atitle=A+Short+Seller+Takes+Aim+at+an+Indian+Corporate+Giant&rft.date=2023-01-25&rft.aulast=Sorkin&rft.aufirst=Andrew+Ross&rft.au=Mattu%2C+Ravi&rft.au=Warner%2C+Bernhard&rft.au=Kessler%2C+Sarah&rft.au=Merced%2C+Michael+J.+de+la&rft.au=Hirsch%2C+Lauren&rft.au=Livni%2C+Ephrat&rft_id=https%3A%2F%2Fwww.nytimes.com%2F2023%2F01%2F25%2Fbusiness%2Fdealbook%2Fshort-seller-hindenburg-adani.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> <li id="cite_note-95"><span class="mw-cite-backlink"><b><a href="#cite_ref-95">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLockett2023" class="citation news cs1">Lockett, Hudson (25 January 2023). <a rel="nofollow" class="external text" href="https://www.ft.com/content/4aedaaf9-9ee8-4334-945c-12ac08429d6a">"Adani shares take $10.8bn hit after Hindenburg bets against group"</a>. <i><a href="/wiki/Financial_Times" title="Financial Times">Financial Times</a></i><span class="reference-accessdate">. Retrieved <span class="nowrap">25 January</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Financial+Times&rft.atitle=Adani+shares+take+%2410.8bn+hit+after+Hindenburg+bets+against+group&rft.date=2023-01-25&rft.aulast=Lockett&rft.aufirst=Hudson&rft_id=https%3A%2F%2Fwww.ft.com%2Fcontent%2F4aedaaf9-9ee8-4334-945c-12ac08429d6a&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> <li id="cite_note-96"><span class="mw-cite-backlink"><b><a href="#cite_ref-96">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLee2023" class="citation news cs1">Lee, Jihye (25 January 2023). <a rel="nofollow" class="external text" href="https://www.cnbc.com/2023/01/25/adani-group-hindenburg-short-position.html">"Adani shares fall as short seller firm Hindenburg announces short position"</a>. <i><a href="/wiki/CNBC" title="CNBC">CNBC</a></i><span class="reference-accessdate">. Retrieved <span class="nowrap">25 January</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=CNBC&rft.atitle=Adani+shares+fall+as+short+seller+firm+Hindenburg+announces+short+position&rft.date=2023-01-25&rft.aulast=Lee&rft.aufirst=Jihye&rft_id=https%3A%2F%2Fwww.cnbc.com%2F2023%2F01%2F25%2Fadani-group-hindenburg-short-position.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> <li id="cite_note-97"><span class="mw-cite-backlink"><b><a href="#cite_ref-97">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKayVishnoiJoshi2023" class="citation news cs1">Kay, Chris; Vishnoi, Abhishek; Joshi, Ashutosh (25 January 2023). <a rel="nofollow" class="external text" href="https://www.bloomberg.com/news/articles/2023-01-25/adani-group-stocks-drop-after-hindenburg-takes-short-position">"Hindenburg Targets Asia's Richest Man, Triggering Adani Selloff"</a>. <i><a href="/wiki/Bloomberg_News" title="Bloomberg News">Bloomberg News</a></i><span class="reference-accessdate">. Retrieved <span class="nowrap">25 January</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Bloomberg+News&rft.atitle=Hindenburg+Targets+Asia%27s+Richest+Man%2C+Triggering+Adani+Selloff&rft.date=2023-01-25&rft.aulast=Kay&rft.aufirst=Chris&rft.au=Vishnoi%2C+Abhishek&rft.au=Joshi%2C+Ashutosh&rft_id=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2023-01-25%2Fadani-group-stocks-drop-after-hindenburg-takes-short-position&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> <li id="cite_note-98"><span class="mw-cite-backlink"><b><a href="#cite_ref-98">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1 cs1-prop-location-test"> Written at <a href="/wiki/New_Delhi" title="New Delhi">New Delhi</a>. "What nex for Adani?". <i><a href="/wiki/India_Today" title="India Today">India Today</a></i>. India. 3 February 2023.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=India+Today&rft.atitle=What+nex+for+Adani%3F&rft.date=2023-02-03&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAdani+Enterprises" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Adani_Enterprises&action=edit&section=25" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="official-website"><span class="url"><a rel="nofollow" class="external text" href="http://www.adanienterprises.com">Official website</a></span></span> <span class="mw-valign-text-top" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q107646415#P856" title="Edit this at Wikidata"><img alt="Edit this at 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href="/wiki/Adani_Group" title="Adani Group">Adani Group</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;"><a href="/wiki/Adani_Ports_%26_SEZ" title="Adani Ports & SEZ">Adani Ports & SEZ</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Dhamra_Port" title="Dhamra Port">Dhamra Port</a></li> <li><a href="/wiki/Hazira_Port" title="Hazira Port">Hazira Port</a></li> <li><a href="/wiki/Kamarajar_Port" title="Kamarajar Port">Kamarajar Port</a></li> <li><a href="/wiki/Krishnapatnam_Port" title="Krishnapatnam Port">Krishnapatnam Port</a></li> <li><a href="/wiki/Mormugao_Port" title="Mormugao Port">Mormugao Port</a></li> <li><a href="/wiki/Mundra_Port" title="Mundra Port">Mundra Port</a></li> <li><a href="/wiki/Port_of_Dahej" class="mw-redirect" title="Port of Dahej">Port of Dahej</a></li> <li><a href="/wiki/Vizhinjam_International_Seaport" class="mw-redirect" title="Vizhinjam International Seaport">Vizhinjam International Seaport</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;"><a href="/wiki/Adani_Power" title="Adani Power">Adani Power</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Kawai_Thermal_Power_Station" title="Kawai Thermal Power Station">Kawai Thermal Power Station</a></li> <li><a href="/wiki/Mundra_Thermal_Power_Station" title="Mundra Thermal Power Station">Mundra Thermal Power Station</a></li> <li><a href="/wiki/Tiroda_Thermal_Power_Station" title="Tiroda Thermal Power Station">Tiroda Thermal Power Station</a></li> <li><a href="/wiki/Raikheda_Thermal_Power_Station" title="Raikheda Thermal Power Station">Raikheda Thermal Power Station</a></li> <li><a href="/wiki/Udupi_Power_Plant" title="Udupi Power Plant">Udupi Power Plant</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">FMCG</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Adani_Wilmar" title="Adani Wilmar">Adani Wilmar</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Transmission</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Adani_Transmission" class="mw-redirect" title="Adani Transmission">Adani Transmission</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Gas</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=Adani_Total_Gas&action=edit&redlink=1" class="new" title="Adani Total Gas (page does not exist)">Adani Total Gas</a></li> <li>Indian Oil-Adani Gas</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Mining</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bravus_Mining_%26_Resources" class="mw-redirect" title="Bravus Mining & Resources">Bravus Mining & Resources</a></li> <li><a href="/wiki/Carmichael_coal_mine" title="Carmichael coal mine">Carmichael coal mine</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Adani Airports</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Chaudhary_Charan_Singh_International_Airport" title="Chaudhary Charan Singh International Airport">Chaudhary Charan Singh International Airport</a></li> <li><a href="/wiki/Chhatrapati_Shivaji_Maharaj_International_Airport" title="Chhatrapati Shivaji Maharaj International Airport">Chhatrapati Shivaji Maharaj International Airport</a></li> <li><a href="/wiki/Jaipur_International_Airport" title="Jaipur International Airport">Jaipur International Airport</a></li> <li><a href="/wiki/Lokpriya_Gopinath_Bordoloi_International_Airport" title="Lokpriya Gopinath Bordoloi International Airport">Lokpriya Gopinath Bordoloi International Airport</a></li> <li><a href="/wiki/Mangalore_International_Airport" title="Mangalore International Airport">Mangalore International Airport</a></li> <li><a href="/wiki/Sardar_Vallabhbhai_Patel_International_Airport" class="mw-redirect" title="Sardar Vallabhbhai Patel International Airport">Sardar Vallabhbhai Patel International Airport</a></li> <li><a href="/wiki/Thiruvananthapuram_International_Airport" title="Thiruvananthapuram International Airport">Thiruvananthapuram International Airport</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;"><a href="/wiki/Adani_Green_Energy" title="Adani Green Energy">Adani Green Energy</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Kamuthi_Solar_Power_Project" title="Kamuthi Solar Power Project">Kamuthi Solar Power Project</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;"><a class="mw-selflink selflink">Adani Enterprises</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Adani_Wilmar" title="Adani Wilmar">Adani Wilmar</a></li> <li><a href="/wiki/NDTV" title="NDTV">NDTV</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Institutions</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Adani_Foundation" class="mw-redirect" title="Adani Foundation">Adani Foundation</a></li> <li><a href="/wiki/Gujarat_Adani_Institute_of_Medical_Sciences" title="Gujarat Adani Institute of Medical Sciences">Gujarat Adani Institute of Medical Sciences</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">People</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="Current" scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Gautam_Adani" title="Gautam Adani">Gautam Adani</a></li> <li><a href="/wiki/Pranav_Adani" title="Pranav Adani">Pranav Adani</a></li> <li><a href="/wiki/Priti_Adani" class="mw-redirect" title="Priti Adani">Priti Adani</a></li> <li><a href="/wiki/Vinod_Adani" title="Vinod Adani">Vinod Adani</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <b><a href="/wiki/Category:Adani_Group" title="Category:Adani Group">Category</a></b></div></td></tr></tbody></table></div>    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