Synopsis
In 2018, Adani Group faced a setback when it lost the bid for Ruchi Soya to Patanjali amid allegations of conflict of interest. Cut to 2024, Adani Group has made over a dozen acquisitions under the Insolvency and Bankruptcy Code (IBC), strengthening its leadership across various sectors. By strategically acquiring distressed assets such as power plants of Lanco and Essar Power, and real-estate properties like Aditya Estates and TEN BKC, Adani has significantly transformed its portfolio. As India’s second-largest cement manufacturer, Adani now continues to explore additional IBC opportunities in cement to repeat what it did with ports, power and real estate.
How Adani is strengthening its leadership across sectors Adani has…
