The country’s well-known industrialist Gautam Adani had applied to study education at a Mumbai university in the 1970s, but the university rejected his application. After this, instead of completing further studies, he took up business and built an empire worth $220 billion in about four and a half decades.
Adani’s application was rejected.
Jai Hind College Alumni Association president Vikram Nankani, while introducing Adani, one of India’s richest people, said that he had moved to Mumbai at the age of 16 and started grading diamonds. He had applied for admission to the city’s Jai Hind College in 1977 or 1978 but his application was rejected. He had applied to Jai Hind College because his elder brother Vinod was studying in the same college. Granting ‘alumni’ status to Gautam Adani, Nankani said, “Fortunately or unfortunately, the college did not accept his application and he started working on his own and pursued an alternative career. He worked for a year grading diamonds.” After that, he returned to his home state Gujarat to run a packaging factory. His brother used to run that factory.
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Adani’s entrepreneurial journey went like this
After founding his commodities trading company in 1998, Adani never looked back. Over the next two and a half decades, his companies ventured into sectors such as ports, mines, infrastructure, power, city gas, renewables, cement, real estate, data centres and media. Today, Adani’s companies are involved in diverse businesses. His infrastructure company also operates 13 ports and seven airports in the country. Today his group is the largest private sector unit even in the energy sector. Not only this, his company is the largest producer of renewable energy, runs the second-largest cement company in the country, is building highways and redeveloping Asia’s largest slum. Some people have described him as the most aggressive among India’s new generation of entrepreneurs.
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