India’s $213 billion conglomerate Adani Group is recovering from a short seller attack that wiped out $150 billion from its market cap in 2023, before erasing losses. Now, its 62-year-old founder, billionaire Gautam Adani, tells Bloomberg he wants to retire in the next eight to 10 years. In the span of a couple of decades, he has taken the group from a small coal trading firm to a behemoth that controls large chunks of the infrastructure that help power India’s $4 trillion economy. In a series of exclusive interviews with Bloomberg’s Anto Antony, his handpicked successors reveal their plans for green energy, real estate and global expansion — though with a more dialed-back risk appetite compared to the founder.
00:00 – 00:30 Introduction
00:30 – 01:13 Short seller attack
01:13 – 01:37 Hindenburg aftermath
01:37 – 03:11 Gautam Adani’s plan
03:11 – 04:08 The successors
04:08 – 06:15 Hindenburg’s allegations
06:15 – 09:17 Investor concerns
09:44 – 13:29 Alleged Modi connection
18:00 – 18:00 Ensuring succession’s success
18:00 – 19:30 Avoiding family feuds
19:30 – 22:24 Appetite for risk
22:24 – 24:05 Cultural values
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