In the early 1990s, a well-established Gujarati businessman from Ahmedabad walked along the shores of a sleepy fishing village called Mundra. Small boats bobbed up and down in the tiny harbour as the languid waves of the Gulf of Kutch splattered onto swampy, salt-encrusted wastelands. These barren beaches were not worth a second look for a businessman pondering his future and fired with entrepreneurial energy. But what Gautam Adani saw was different. His inner eye visualised towering cranes and the biggest cargo ships of the world docked alongside.
Quick to seize an opportunity embedded in a liberalising Indian economy, the
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