When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.
GAUTAM ADANIThe commencement of coal mining at Parsa Kente is a milestone event in coal mining sector.
More Gautam Adani Quotes
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I don’t like politics. I am not aligned to any political party. I have friends in all political parties.
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Modi government has not flouted any rule or regulation to help anyone.
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Dealing with the government does not mean you have to give a bribe.
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I analyse in my own way, in very simple, no-jargon language. If somebody is talking in very complicated way, I never like that.
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Any commodity that sees its price going higher will see new mines opening up.
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Either you sit on the pile of cash, or you continue to grow.
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Being an entrepreneur is my dream job, as it tests ones tenacity.
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Adani Enterprises is well on track to realize its aim of emerging as India’s largest private sector energy and logistics conglomerate.
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We are the cheapest solution provider for end users.
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Mundra Port remains committed towards setting up of world-class port infrastructure and facilities in India.
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I’m a school dropout. So, at the age of 16, I moved to Mumbai to try my luck on some business.
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I am not attracted to those politicians who are short on vision and only want to make money. I like those who have vision.
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My investment strategy, which is to focus on sectors that are a national priority for India, hasn’t changed.
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From my experience in working with bureaucrats and politicians, if you are a credible business group, they will definitely help you.
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The upward revision of import duty, from 1 per cent to over 4 per cent on steam coal imports, will adversely impact the industry, as it will lead to increase in cost of power generation.
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