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.
GAUTAM ADANIFrom my experience in working with bureaucrats and politicians, if you are a credible business group, they will definitely help you.
More Gautam Adani Quotes
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Either you sit on the pile of cash, or you continue to grow.
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Along with opportunities, there also exist many other tricky and complex issues to be managed in India. These include tackling both policy-level challenges and infrastructure challenges.
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Any commodity that sees its price going higher will see new mines opening up.
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Either you are extrovert or introvert, and so I am an introvert in that sense. I’m not a social person that wants to go to parties.
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Business is all about risk taking and managing uncertainties and turbulence.
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The commencement of coal mining at Parsa Kente is a milestone event in coal mining sector.
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Infrastructure sector is all about building assets for the country. It is part of nation building.
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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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I don’t like politics. I am not aligned to any political party. I have friends in all political parties.
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One of the strengths of Adani is that, because we are controlling mines, ships, ports and logistics.
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Being an entrepreneur is my dream job, as it tests ones tenacity.
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When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.
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When you are in the infrastructure sector, you’ve to work along with the government.
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Investor confidence in Adani is fairly high, and most of our investors are long-term investors.
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At the end of the day, they, too, want development of their constituency, state or country.
GAUTAM ADANI