One of the largest business groups in India, Adani Group, is now preparing for a change in leadership. In an exclusive interview with Fortune India, Group Chairman Gautam Adani has informed about his succession plans. Gautam Adani, 64, will hand over full control of the group to four family members in due course in the coming years. According to Gautam Adani, the next generation will not get leadership just by being a member of the family, but they will have to prove their mettle. He said that the next generation does not get leadership but inherits the responsibility to achieve it.
This plan of Adani Group is also important because the company’s business has now spread across sectors such as ports, airports, power, cement, gas, logistics, renewable energy and many others. Gautam Adani has chosen four family members for the future of his business empire. Including two sons and two nephews. All four are already holding key responsibilities in different businesses of the group. Let us also tell you about these four…
Pranav Adani: Responsibility from real estate to gas business
- Pranab Adani is the eldest among the four heirs. He is the son of Gautam Adani’s elder brother Vinod Adani. His age is 48 years.
- He is the Director of Adani Enterprises and Managing Director of Agro, Oil and Gas Business. Apart from this, he is also responsible for businesses like real estate, urban infrastructure, city gas distribution, sports and natural resources.
- Pranav started his leadership journey in 1999 with the Adani Group. He also played an important role in Adani Wilmar’s business. Currently, he is running the business of Adani Realty.
- The company is working on projects in markets like Ahmedabad, Mumbai, Navi Mumbai and NCR. He studied Business Administration from Boston University and has also been a part of Harvard Business School’s Honors/President’s Management Program.
Karan Adani: Command of port and cement business
Karan Adani is the elder son of Gautam Adani. The 39-year-old Karan is playing an important role in the group’s port, logistics, transportation and cement businesses. He started his career in 2009 from Mundra Port. In 2016, he was made the CEO of Adani Ports and Special Economic Zone (APSEZ). In January 2024, he became the managing director of the company. Under his leadership, Adani Ports network has grown to 20 ports and terminals in India and abroad.
During Karan’s tenure, the group also expanded significantly in the cement sector. Holcem’s Indian business was acquired in 2022, followed by several other cement companies. Recently, Adani Ports acquired Europe’s leading liquid storage operator Evos for 2.56 billion euros.
Sagar Adani: Responsibility for Power and Renewable Energy
- Sagar Adani is the son of Gautam Adani’s brother Rajesh Adani. 32-year-old Sagar is playing an important role in Adani Group’s energy business.
- He is the Executive Director of Adani Green Energy. He joined the group in 2015 after completing his studies in economics from Brown University.
- Sagar has been instrumental in developing Adani Green Energy’s solar and wind energy portfolio.
- Apart from this, he also oversees businesses related to Adani Energy Solutions, Adani Power and Adani New Industries. He also has significant responsibility in matters related to financial management, strategic investment and capital allocation of the group.
Jeet Adani: Focus on AI and defense from airports
- Jeet Adani is the younger son of Gautam Adani. The 29-year-old Jeet is one of the new generation faces of the group, who is being given responsibility for the future of the business.
- He is the director of Adani Airport Holdings Limited. The company operates and develops eight airports in the country.
- Jeet joined the Adani Group in 2019. He studied at the University of Pennsylvania’s School of Engineering and Applied Science.
- He began his career in the Group CFO office, where he gained experience in capital markets, risk management, governance and strategic finance.
- Now his responsibilities also include futuristic businesses like Artificial Intelligence (AI), Data Center, Defence, Petrochemicals and Metals.
Around Rs. 3 lakh crore revenue, market cap Rs. More than 17 lakh crores
The Adani Group has grown from a trading company to one of the largest business groups in the country over the past four decades. Gautam Adani started with coal business. After this the group expanded into sectors like power, ports, logistics, cement, renewable energy, gas and airports.
As reported by Fortune India, the group is active in more than 2 dozen business sectors. The group’s revenue in FY 2025-26 was around Rs 3 lakh crore. The group’s dozen listed companies have a total market cap of Rs. 17 lakh crore is more than. Gautam Adani’s personal wealth is estimated to be over $105 billion.
What did Gautam Adani expect from his successors?
Gautam Adani has made it clear that it is not enough for the next generation to just take over the existing business. They have to demonstrate the ability to take risks in new areas, make quick decisions and formulate long-term business strategies. According to him, successors should have three main qualities. The first of which is that it is very important to have the courage to take risks. He says that one must have courage to start a business in a difficult and new field. Secondly, the ability to learn is also very important, one should understand how to learn from the experience and advice of others. Third, it is important to understand that no individual or family is greater than any institution. Gautam Adani wants the next generation to not only carry forward the business he built, but also make it stronger, more reliable and sustainable for a long time.
Will all four run the Adani Group together?
What is most remarkable about this succession plan is that Gautam Adani has not chosen just one family member for leadership. He has built a team of four people, who are experts in different businesses. Pranab Adani has experience in real estate and gas business. Karan handles port and cement business. Sagar is active in energy and finance related matters, while Jeet is working in airports and new technology based businesses. The exact date on which full control of the group will be handed over has not yet been announced. Overall, the Adani Group’s succession plan is not just a leadership change in the family, but about Rs. There is also a strategy for the future of a business empire with an annual revenue of Rs 3 lakh crore. It remains to be seen how these four together will take the group in the next decade.





