Pranav Adani

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Pranav Adani
NationalityIndian
OccupationDirector, Adani Enterprises Limited
MD and Chairman, Adani Agri Fresh Limited

Pranav Adani is an Indian businessman known for his contributions to various companies within the Adani Group. He is a member of the Governing Council of the and the National Council of the Confederation of Indian Industry.[1][2][3][4]

He also serves as the Managing Director of the Agro, Oil & Gas, Coal Trading & Bunkering divisions at Adani Enterprises Limited.[3]

Early life[]

Pranav is a graduate in Business Administration from Boston University, Boston, USA. He is also an alumnus of the Owner/President Management Program of Harvard Business School also in Boston.[1]

Career[]

He led a successful business venture with Singapore's leading agribusiness group Wilmar International Limited. The Adani Wilmar joint venture currently owns India's prominent 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.[5]

He is the director of Adani Group's Oil and Gas and City Gas Distribution vertical, Adani Welspun Joint Venture.[6]

On August 8, 2009, Adani became the 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. Adani also served as a director of Mundra Power SEZ Ltd., Kutch Power Generation Ltd., and Adani Power Dahej Ltd. until March 2011.[1]

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.[5] The project has upcoming expansions in Mumbai and Gurgaon. Under his leadership Adani Real Estate has six projects in Shantigram Township: The North Park, La Marina, Water Lily, Elysium, The Meadows, and Aangan.[7][failed verification]

On April 1, 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 was the only industrialist to address 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.[8] He currently holds the following positions at the Adani Group companies:

  • Chairman of the Board and Managing Director - Adani Agri Fresh Limited
  • Chairman of the Board - Adani Logistics Limited
  • Director - Adani Port Infrastructure Private Limited
  • Member of the Board of Directors - Adani Mining Private Limited (2009–Present)
  • Director - Adani Gas Limited (2015–Present)
  • Executive Director - Adani Enterprises Limited

Personal life[]

Pranav Adani is married to Namrata,[9] who runs a non-governmental organization called 'Abhisar'.[10]

Awards and recognition[]

  • In 2018, Pranav Adani received an Asia's Greatest Leader (2018) nomination from Asia One, reviewed by PWC. The title was presented at Asia's Greatest Brands & Leaders Event in Singapore.[11]
  • On 19 July 2019, Pranav Adani-led Adani Enterprises received the India's Great Place to Work certification in Mumbai. The award is presented annually by the Great Place to Work Institute in the Mid-Size organisation category. It is the only mining company in the list of top 50 organisations to have won the award for two consecutive years.[12]

Philanthropy/CSR[]

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.

In 2017, the Adani introduced the pro kabaddi team the Fortune Giants through Adani Wilmar. Adani chose to support kabaddi instead of cricket to present opportunities for new sports persons. In the same year, he announced a fourfold increase in the prize money to ₹8 crores ($1.15 million US) for the season. 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]

In 2017, Adani pioneered the first marathon in Ahmedabad which is dedicated to the Indian Armed Forces. On 26 November around 8,000 people participated in the Adani Ahmedabad Marathon. It consisted of two categories: full (10 km) and half (5 km). The runners included about 1,000 members from the Indian Army, Air Force and the Navy. The marathon collected ₹25 Lakh and the company donated another ₹25 lakhs to present a total of ₹50 Lakh (roughly $70,000 US) to the Armed Forces of India.[18]

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.[19]

References[]

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

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