Business is all about risk taking and managing uncertainties and turbulence.
Adani Enterprises is well on track to realize its aim of emerging as India's largest private sector energy and logistics conglomerate.
Mundra Port remains committed towards setting up of world-class port infrastructure and facilities in India.
Along with opportunities, there also exist many other tricky and complex issues to be managed in India. These include tackling both policy-level challenges and infrastructure challenges.
Infrastructure sector is all about building assets for the country. It is part of nation building.
Modi government has not flouted any rule or regulation to help anyone.
When you are in the infrastructure sector, you've to work along with the government.
One of the strengths of Adani is that, because we are controlling mines, ships, ports and logistics, we are the cheapest solution provider for end users.
Any commodity that sees its price going higher will see new mines opening up. When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.
Every economic opinion is associated with a set of assumptions.
Investor confidence in Adani is fairly high, and most of our investors are long-term investors.
The upward revision of import duty, from 1 per cent to over 4 per cent on steam coal imports, will adversely impact the industry, as it will lead to increase in cost of power generation.