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Our Journey

Turning ideas into industry-defining businesses shaping Viksit Bharat 2047

From early-stage ideas to scaled, industry-defining platforms, Adani Enterprises consistently works towards transforming vision into execution. Each step of its journey as an incubator reflects a strong focus on identifying emerging opportunities and building businesses that contribute to further bolster India’s infrastructure-led growth.

1980s

The Beginning

1988
  • Started commodity trading

1990s

Early Growth and Diversification

1994
  • Listed on BSE and NSE at ₹150/ share
  • Subscribed 25x
1995
  • Mundra Port commenced operations
1996
  • Bonus Issue 1:1
1999
  • Commencement of IRM business
  • Signed JV with Wilmar, Singapore
  • Bonus Issue 1:1

2000s

2001
  • Started the city gas distribution business
2005
  • Awarded India’s first MDO contract
2006
  • Stock- Split of AEL (10:1)
2007
  • Adani Ports and SEZ Limited IPO subscribed 116x
  • Issued ₹2,250 crore (approx.) FCCBs
  • Commissioned Green Silo Depots at seven locations
2008
  • Acquired Bunyu Mine, Indonesia
2009
  • Adani Power Limited IPO subscribed 21x
  • Bonus Issue 1:1

2010s

2010
  • Raised QIP of $850 Mn
  • Acquired the Carmichael mine, Australia
2015
  • Completed the demerger of APSEZ, APL, and ATL
2017
  • Started manufacturing solar PV panels
2018
  • Demerger of Adani Green Energy and Adani Gas
  • Fortune emerged as the largest food FMCG brand in India
2019
  • Emerged as the #2 largest IRM player in the world

2020s

2020
  • Forayed into the airports business with a portfolio of 6 airports
2021
  • Data centre JV "Adani Connex" with EdgeConnex to develop and operate data centres across India
  • Acquired 23.5% stake in Mumbai International Airport
2022
  • Completed acquisition of Mumbai and Navi Mumbai airports
  • Adani Wilmar Limited IPO subscribed 17x
2023
  • First data centre commissioned at Chennai
  • Completed acquisition of NDTV by media arm AMG Media
  • Launched “Adani One” app for consumers
2024
  • India’s first and largest monocrystalline ingot and wafer plant commissioned with 2 GW capacity
  • India's largest 5.2 MW wind turbine made operational with 1.5 GW capacity
  • Single location Phase I Copper Unit made operational with 500 KTPA capacity
2025
  • ANIL WTG manufacturing capacity expanded to 2.25 GW with offerings of four WTG models
  • Raised QIP of ₹4,500 crore (approx.) through QIP (Qualified Institutional Placement)
  • Raised ₹800 crore through maiden public issuance of NCDs