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Gautam Adani plans to step down by the early 2030s and transfer control of his empire to his sons and their cousins.
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Adani’s four heirs will be equal beneficiaries of the family trust, ensuring the business empire remains intact.
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The Adani Group will continue to expand and diversify under the next generation’s leadership.
Gautam Adani, the 62-year-old founder of the Adani Group, has reportedly mapped out a succession plan. According to a Bloomberg report, Adani plans to step down by the early 2030s and transfer control of his empire to his sons, Karan and Jeet, and their cousins, Pranav and Sagar.
Adani’s succession plan emphasizes the importance of a well-planned transition for the sustainability of the business. His four heirs have chosen to run the group as a united family, ensuring continuity and stability for the Adani Group, which boasts a market capitalization of $213 billion across ten listed entities.
The Adani Group will continue to expand and diversify under the next generation’s leadership. Karan Adani, who oversees the ports business, has ambitious plans for expansion, envisioning India as a potential alternative to global hubs like Dubai or Singapore. The group is also exploring new ventures like digital lending and collaborating with major investors for Adani Energy Solutions.