Gautam Adani mentioned that he consulted his two sons and two nephews about whether they prefer to divide the Adani Group’s extensive businesses. The chairman of Adani Group, Gautam Adani, plans to step down at the age of 70, passing control to his sons in the early 2030s, according to an interview. Discussing his succession plan, Adani emphasized, “Succession is very, very important for business sustainability.”
He explained that he had left the decision to the second generation, aiming for the transition to be “organic, gradual, and very systematic.” Currently, Adani Group has a total market capitalization of $213 billion across 10 listed entities, covering sectors such as infrastructure, ports, shipping, cement, and solar energy.
Adani asked his sons, Karan and Jeet, and his nephews, Pranav and Sagar, whether they preferred to split the businesses and operate separately or stay united. They expressed their intention to run the group as a family even after he steps down.
This decision initiated a series of changes, many of which have gone unnoticed by the public. A four-way leadership structure was created, dividing management responsibilities while requiring the heirs to collaborate. Their areas of responsibility do not align neatly with specific units or listed entities, and common services like human resources, finance, and IT support have been distributed among the four.
Adani stated that joint decision-making will continue even during crises or major strategic decisions. He confidently asserted that his heirs will succeed, saying, “I am happy that all of them are hungry for growth, which is not common in the second generation. They have to work together to build a legacy.”
