Pranav Adani
Quick Facts
Biography
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 Ahmedabad Management Association and the National Council of the Confederation of Indian Industry.
He also serves as the Managing Director of the Agro, Oil & Gas, Coal Trading & Bunkering divisions at Adani Enterprises Limited.
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.
Career
In 1999, Pranav began working for the Adani Group headed by his uncle Gautam Adani. 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.
Adani became the director of Agro at Adani Enterprises Ltd. 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 the director of Adani Group's Oil and Gas and City Gas Distribution vertical, Adani Welspun Joint Venture.
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.
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. 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.
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 the CII's 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. 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 is married to the daughter of the Managing Director of Rotomac.
Awards & 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.
- 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.
Philanthropy/CSR
Pranav introduced the #GarvHai 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, for the Asian Championships in China. The list included others like Khushbir Kaur and Shiva Thapa and more.
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.
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.
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 Tokyo Olympics, 2022 Asian Games and Commonwealth Games.