Meet Karan Adani, eldest son of Gautam Adani set takeover as chair of ACC

Karan, who holds a degree in Economics from Purdue University, started his corporate career at Mundra port -- the first mega project undertaken by the Adani group

Karan Adani
Premium

Karan Adani

BS Reporter Mumbai
Karan Adani, the elder son of billionaire Gautam Adani, is taking over as the Chair of ACC — the cement major with Rs 16,151-crore revenue.

This comes at a time when the industry is expected to witness intense competition and smaller as well as weaker players are being acquired by the stronger ones.

Karan, 35, is known for his hands-on approach and execution skills and played an important role in the acquisition of Ambuja Cements and ACC by the Adani family for a $6.4-billion all-cash deal.

Currently, the chief executive officer (CEO) of Adani Ports, Karan takes over the 86-year-old

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 18 2022 | 12:45 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com