India’s largest conglomerate Adani Group lost $118 billion in capitalization in a week

How the Adani Group works

The group includes assets from various industries – from energy and transport to the food industry and media. The group includes Adani Enterprises (holding company), Adani Ports & SEZ (India’s largest private port operator, 10 ports, including the world’s largest coal terminal Mundra), Adani Green Energy (wind and solar power plants, including India’s largest and 12- Kamuthi Solar Power Project), Adani Power (mainly coal-fired), Adani Transmission (largest grid operator in the country – 18,500 km of transmission lines), Adani Total Gas (gas network operator), Adani Wilmar (food production – oil , wheat flour, rice, beans and sugar), Ambuja Cements (building materials), ACC (cement), NDTV (3 TV channels), North Queensland Export Terminal (Abbot Point coal port in Australia), Sarguja Rail Corridor (rail logistics) and Adani Foundation. Adani Group also owns majority shares of Mumbai and Navi Mumbai Airports.