Gautam Adani On How Diversifying Across Sectors Will Drive Growth

Billionaire Gautam Adani said his group’s bets to diversify across sectors and expand in related segments in each of those businesses will drive growth.

“Whatever businesses we are now in — seaports, airports, logistics, natural resources, thermal and renewable power generation, transmission, distribution, data centres, defence, agri and food, real estate, city gas utilities, and several others — I believe all of them are individually high growth businesses,” Gautam Adani, chairman of Adani Group, said during the annual general meeting of Adani Ports & Special Economic Zones Ltd.

The group has a distinctive ‘Adani Model’ that combines the power of adjacencies and bridges business-to-business-to-consumer capability, he said, referring to expansion into related sectors and building an integrated model that covers entire chain from origin to end user. That, he said, has put the company on a path to “infinite possibilities”.

“I know of no other such growth model that offers unprecedented and ever-increasing access to an unlimited B2B (business-to-business) and B2C (business-to-consumer) market for the next several decades,” he said.

https://www.bloombergquint.com/amp/business/gautam-adani-on-how-diversifying-across-sectors-will-drive-growth