It's task cut out for Karan Adani
Business Standard|September 19, 2022
Karan Adani, the elder son of billionaire Gautam Adani, is taking over as the Chair of ACC- the cement major with ₹16,151 crore revenue.
DEV CHATTERJEE
It's task cut out for Karan Adani

This comes at a time when the industry is expected to witness intense competition and smaller as well as weaker players are being acquired by the stronger ones.

Karan, 35, is known for his hands-on approach and execution skills and played an important role in the acquisition of Ambuja Cements and ACC by the Adani family for a $6.4-billion all-cash deal.

Currently, the chief executive officer (CEO) of Adani Ports, Karan takes over the 86-year-old company and succeeds doyens of Corporate India, including late Nani Palkhivala and late Pallonji Mistry.

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