Capital required for solidifying the presence of Adani Group is no longer a constraint for the conglomerate, according to its Chairman. The group recently declared plans to raise $2 billion by exiting the Adani Wilmar Ltd. joint venture.
While the financial position has never been more robust, the focus is not on numbers but on the foundation the ports-to-power conglomerate is laying for the future, billionaire Gautam Adani said in a message to the group’s employees.
“Capital is no longer our constraint. Our true challenge lies in deploying our capital effectively,” the chairman said in his address. “To overcome this, we must prioritize the two Ts that serve as the most sustainable differentiators in today’s world — technology and talent.”
Scaling effectively demands more than just implementing software tools, he said. “This is not optional — it is essential. And it begins with our top 100 leaders setting the tone. In the race of relevance, technology is the racetrack, and leadership is the stride that ensures we (Adani Group) finish first.”
On the talent front, it is not about mere resumes or credentials and is about the drive to adapt, innovate and lead. “This year, we are doubling down on our commitment to building a powerhouse of potential.”
The group’s flagship, Adani Enterprises Ltd., earlier this week, announced that it will exit Adani Wilmar Ltd. by divesting its entire 44% stake in the joint venture Adani Wilmar Ltd. which will raise over $2 billion.
The proceeds shall be utilised to turbocharge the growth of the Adani Group flagship in the core infrastructure businesses — energy and utility, transport and logistics, along with primary industry-adjacent businesses, the company said in a press release.
‘Fearless Fighters’
Adani described the organisation as “fearless fighters” in his New Year message. He said the group’s resilience and ability to overcome challenges were key to its progress and evolution.
“Our transformation is an outcome of navigating challenges that define us. At our core, we are fearless fighters, and it is through these battles that we continue to evolve and excel., Adani said.
He called on employees to rise to this moment with vision and courage, contributing to the transformation of the nation. Concluding his message, Adani expressed gratitude for their efforts and optimism for the journey ahead.
“Together, we will not merely navigate the challenges of tomorrow but transform them into milestones of success,” he said.
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. Read more on Business by NDTV Profit.Adani called on employees to rise to this moment with vision and courage, contributing to the transformation of the nation. Read MoreBusiness, Markets, Notifications
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