When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.
GAUTAM ADANIModi government has not flouted any rule or regulation to help anyone.
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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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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Business is all about risk taking and managing uncertainties and turbulence.
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Being an entrepreneur is my dream job, as it tests ones tenacity.
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The commencement of coal mining at Parsa Kente is a milestone event in coal mining sector.
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Either you sit on the pile of cash, or you continue to grow.
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We are the cheapest solution provider for end users.
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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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Any commodity that sees its price going higher will see new mines opening up.
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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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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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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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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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At the end of the day, they, too, want development of their constituency, state or country.
GAUTAM ADANI