TIWN June 25, 2024
Ahmedabad, June 25 : Gautam Adani, Chairman of the Adani Group, said on Monday that with record results, robust cash positions, and the lowest debt ratios in the company's history, their path ahead is illuminated with the promise of even greater accomplishments and "the best is yet to come".
The Adani Group, India’s largest infrastructure conglomerate, began its annual week where all the listed group companies have their annual general meetings (AGM) lined up back-to-back.
The week commenced with the keynote address from Gautam Adani, speaking to his 6.7 million shareholders globally.
Gautam Adani, a first-generation entrepreneur known for building India’s largest infrastructure entity, highlighted three pivotal themes in his address - the Group’s resilience in overcoming external challenges, India’s ascent on the global stage, and the future opportunities for the conglomerate and its extensive shareholder base of 6.7 million shareholders across 11 listed companies.
Drawing from his upbringing in the deserts of Gujarat, the soft-spoken Gautam Adani underscored the value of perseverance instilled by his mother, stating: "The true measure of our success is less about our achievements and more in our ability to stand firm in the face of adversity. In my case, I picked my lessons from my mother. Growing up in the harsh deserts of Banaskantha, what I learnt from her is that true strength lies in perseverance."
"It is this perseverance that has allowed us to become one of the most admired companies in the country. And our perseverance was never more evident than that we demonstrated this past year. In the face of unprecedented attacks on our integrity, we proved our resilience," he remarked, attributing the Group’s recovery to its core values of courage, trust and commitment.
Highlighting India’s growing influence globally and its pivotal role in addressing climate change, Gautam Adani asserted: "The world is witnessing the rise of India. This is India’s moment. We are now the force for stability, cooperation and progress in a complex world. And it is India’s macroeconomic stability and ambitious growth plans that inspire our confidence."
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