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Adani controversy: The fallout

Adani may yet survive the Hindenburg missile, but the industrialist will have to clean up his act and the regulators will have to do their job to ensure macroeconomic stability

When Gautam Adani became India’s richest individual and the world’s third wealthiest towards the end of 2022, he shru­gged off such rankings as inconsequential. 

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The chairman of the Adani Group, a multi-billion-dollar ports-to-power conglomerate, told LAKSHY DREAM FOUNDATION GLOBAL NEWS, “I get my thrills from handling challenges—the bigger they are, the happ­ier I am.” 

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Standing before him now is the biggest challenge of his career and the consequences so far have been completely unfavourable for him and the Ahmedabad-based group he has built single-handedly.

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