Karan Adani is an Indian businessman and heir to the Adani Group. He is best known for being the son of Gautam Adani, the Indian business tycoon and founder of the Adani Group. As of September 2022, Gautam Adani is the richest man in India and Asia, and the third richest man in the world. Karan is the Chief Executive Officer (CEO) of Adani Ports and Special Economic Zone (APSEZ). In September 2022, Karan was promoted as Chairman of ACC, a subsidiary of Ambuja Cement.
Wiki/Biography
Karan Gautam Adani was born on Tuesday, April 7, 1987, in Ahmedabad, Gujarat (35 years; as of 2022). His zodiac sign is Aries. Karan Adani graduated from Purdue University in West Lafayette, Indiana, USA in 2009, majoring in economics.
Old photo of Karan Adani (far right) with his father and brother
appearance
Height (approximately): 5′7″
Hair color: dark brown
Eye color: black
family
Karan Adani belongs to a Gujarati Jain family.
Parents and siblings
Karan Adani is the son of Indian business tycoon Gautam Adani and Indian dentist and philanthropist Priti Adani. His younger brother Jeet Adani is the Vice President Finance of the Adani Group.
Karan Adani and his father Gautam Adani
Karan Adani and his mother Preeti Adani
Karan Adani and his brother Jeet Adani
wife and children
Karan Adani married businesswoman Paridhi Shroff on February 13, 2013. Paridhi is a partner of Cyril Amarchand Mangaldas. She is the daughter of Indian corporate lawyer Cyril Shroff and the managing partner of Cyril Amarchand Mangaldas, India’s largest law firm. They have a daughter named Anuradha Karan Adani, who was born in 2016.
Karan Adani’s engagement photos
Karan Adani and his wife Paridhi Shroff Adani
Karan Adani’s wife Paridhi Shroff and daughter Anuradha Karan Adani
Karan Adani with his parents, wife and daughter
Profession
Karan Adani joined Adani Ports and Special Economic Zones Limited in 2009 as a Director. Initially, he learned about the complex port operations of Mundra Port. In 2016, Karan was appointed chief executive officer (CEO) of the company.
Karan Adani at the port
He subsequently initiated several activities aimed at expanding and developing Adani ports and terminals, industrial land and logistics. In 2018, under Karan’s leadership, APSEZ acquired a 97% stake from Larsen and Toubro, the marine infrastructure developer that operates Tamil Nadu’s Kattupalli port (a short drive from Chennai port). approximately 30 km adjacent to Ennore Port), making it the 10th port in the APSEZ network; APSEZ acquired the stake for Rs 1,950 crore.
Karan Adani after signing business agreement with Indian Oil Corporation Ltd
Talking to the media about the acquisition, Karan said:
We are grateful to the Government of Tamil Nadu and the Ministry of Commerce for granting the approval in record time. Adani Ports is committed to making Kattupalli Port one of the largest ports in South India. We will start the diversification of port freight and add 40 MMT capacity in the next three years. We believe that with our superior infrastructure and efficient cargo handling, we will be able to reduce logistics costs for the region’s industries and become one of the engines of growth. “
Over the years, the Asia-Pacific Special Economic Zone led by Callan has grown from two ports to 10 ports and terminals. In 2019, the Adani Group, in a public-private partnership with the Airports Authority of India, was awarded six contracts to modernize airports in smaller non-metro cities in India, for which Karan Adani was appointed Project leader. The airports under contract include Sardar Vallabhbhai Patel International Airport, Lokpriya Gopinath Bodoloi International Airport, Jaipur International Airport, Chaudhry Charan Singh International Airport Airport, Mangalore International Airport and Trivandrum International Airport.
Karan Adani at Expo 2020 Dubai
Known for his hands-on approach and execution capabilities, Karan played a key role in Adani Group’s acquisition of Ambuja Cement and ACC for Rs. 6.4 billion rupees. On September 16, 2022, Karan Adani was appointed as the Chairman of ACC Limited, an Indian cement manufacturer headquartered in Mumbai. Additionally, he has been appointed as a non-executive director of Ambuja Cement.
Karan Adani during business event
Facts/Trivia
- According to Karan’s Twitter account, he is a technology enthusiast and strives to create economic growth through sustainable business practices.
- Apparently, during his initial years with Adani Ports and SEZ Limited, Karan frequently traveled by train to Mundra Port in Gujarat to better understand the diverse portfolio of Mundra Port.
- In 2014, Karan won the Economic Times Emerging Company Award on behalf of Adani Ports and Special Economic Zone Limited.
- Karan considers his father to be his inspiration. In an interview, Karan revealed that his father gave him three useful pieces of advice that helped him run his business effectively. The first is to stay grounded, the second is to keep it simple, and the last is to always consider scale.
- He often participated in social activities and volunteered as a blood donor many times.
Karan Adani during blood donation camp
Categories: Biography
Source: HIS Education