Pranav Adani Explained

Pranav Adani
Nationality:Indian
Occupation:Director, Adani Enterprises Limited
Chairman and Managing Director, Adani Agri Fresh Limited
Spouse:Namrata Adani
Relatives:Vinod Adani (Father)
Gautam Adani (uncle)
Priti Adani (aunt)
Karan Adani (first-cousin)

Pranav Vinod Adani is an Indian businessman and the director of Adani Enterprises. He is a member of the National Council of the Confederation of Indian Industry.[1] [2] [3] [4]

Early life

Adani was born into a Jain family. He is the son of Vinod Shantilal Adani, elder brother of Gautam Adani. He was graduated from Boston University in business management studies.[5] After that, he attended the Owner/President Management Program of Harvard Business School.[1]

Personal life

Pranav Adani is married to Namrata,[6] who runs a non-governmental organization called 'Abhisar.[7]

Career

He led a business venture with Singapore's agribusiness group Wilmar International Limited. The Adani Wilmar joint venture owns India's oil brand Fortune. The company hosts upwards of 450 manufacturing plants and a distribution network that spans more than 50 countries including India, Indonesia and China.[1]

Adani became the director of Agro at Adani Enterprises Ltd.[1] As chairman of Adani Agri Logistics Ltd, he also invested in grain storage technology and agricultural logistics. This model is being considered by state and central governments for nationwide adoption.

He is a director of Adani Group's Oil and Gas and City Gas Distribution vertical, Adani Welspun Joint Venture.[8] In August 2009, Adani became a director of Adani Gas Limited, the largest private city gas distribution company in India. He is now its chairman. He has implemented city gas distribution projects in Ahmedabad, Vadodara, Faridabad, and Khurja.

He has ventures in the real estate industry in the cities of Ahmedabad, Mumbai, and Gurgaon. He is involved in building a 600-acre project in Ahmedabad township under the Adani Real Estate Company. He also heads the global coal business of the Adani Group.[9] The project has upcoming expansions in Mumbai and Gurgaon.[10]

In April 2015, Adani was appointed as an additional director of Adani Enterprises. He serves as a member of the Confederation of Indian Industry's National Council on Agriculture and National Council on Fast Moving Consumer Goods.

In January 2018, he addressed the Bengal Global Business Summit alongside Mamata Banerjee. He stated that the Adani Wilmar Limited will invest ₹750 crores ($108.3 million US) in the state.[11]

In March 2022, he spearheaded the listing of Adani Wilmar at the Bombay Stock Exchange and National Stock Exchange.[12]

He currently holds the following positions at the Adani Group companies:

Philanthropy

Pranav introduced the 'Garv Hai initiative to promote sports and support athletes in India to compete in international tournaments including the 2016 Rio Olympics. A few candidates across India were selected and assisted. In 2015 the campaign supported Indian shot-putter Inderjeet Singh, then Asia's best,[13] for the Asian Championships in China. The list included others like Khushbir Kaur and Shiva Thapa.

The Meadows, a part of the Shantigram, houses a football field in the centre lit by flood lights to promote football.[14] [15] [16] [17]

Garv Hai has been re-launched for a second time as a long-term incubation programme to discover and support athletes in archery, shooting, boxing, wrestling and athletics for 2020 Summer Olympics, 2022 Asian Games and Commonwealth Games.[18]

Awards and recognition

External links

Notes and References

  1. Web site: Adani Enterprises Ltd . bloomberg.com . 5 April 2019.
  2. Web site: Pranav Adani Chairman/Managing Director, Adani Agri Fresh Ltd . bloomberg.com . 5 April 2019.
  3. Web site: Pranav Vinodbhai Adani - Biography. MarketScreener. www.marketscreener.com. 28 January 2019.
  4. Web site: Adani Group now too big to be a one-man show: How fast can Gautam Adani professionalise?. Dibeyendu. Ganguly. 22 June 2012. The Economic Times. 28 January 2019.
  5. News: Umarji . Vinay . 2014-11-12 . Pranav Adani: Powering ahead . Business Standard India . 2022-05-15.
  6. Web site: 2019-12-07. 26/11 Stories of Strength: A night to remember at Gateway of India. 11 July 2020. The Indian Express. en.
  7. Web site: Life in a bubble . Ahmedabad Mirror. 3 March 2020 . 20 December 2020.
  8. Web site: Pranav Adani: Powering ahead. Vinay. Umarji. 12 November 2014. Business Standard. 28 January 2019.
  9. Web site: Meet the young man behind the success of Adani Group. rediff.com. 28 January 2019.
  10. News: Gujarat CM inaugurates 5th edition of 'TOI-Adani Shantigram T20 Soccer' . 4 September 2016. The Times of India. 28 January 2019.
  11. Web site: Thank You, Mamata Banerjee Tells Adani Junior At Bengal Global Business Summit . ndtv.com . 5 April 2019.
  12. Web site: Adani Wilmar IPO Kicks Off Pranav Adani, Adani Group . 2022-05-15 . www.timesnownews.com . en.
  13. Web site: Inderjeet Singh, The Best Shot Putter in Asia Struggles to Fina a Job in His Own Country, India . 5 April 2019 . scoopwhoop.com. 22 July 2015 .
  14. Web site: 20 July 2017 . Gujarat Fortune Giants owners: All you need to know about them . www.sportskeeda.com . 28 January 2019.
  15. Web site: 12 July 2017 . Pro Kabaddi League 2017: Team Gujarat FortuneGiants' maiden official jersey unveiled . www.sportskeeda.com . 28 January 2019.
  16. Web site: 16 July 2017 . Adani announces 4 fold increase in Pro Kabaddi prize money to Rs 8 crore . DeshGujarat . 28 January 2019.
  17. Web site: Gujarat Fortunegiants make The Arena by TransStadia their home . 5 April 2019 . indiansportsnews.com. 13 August 2017 .
  18. Web site: IANS . 2019-06-27 . Adani Group announces training aid for hidden sports talents . 11 July 2020 . TheQuint . en.
  19. Web site: AsiaOne Global Asian of the Year. asiaone.co.in. 28 January 2019.
  20. News: Adani Enterprises-Mining once again recognized amongst Top 50 Great Mid-size Workplaces in India by Great Place to Work® Institute.