Gautam Adani Commits Rs 60,000 Crore For Charity To Mark His 60th Birthday

Gautam Adani Commits Rs 60,000 Crore For Charity To Mark His 60th Birthday

by Swarajya Staff - Thursday, June 23, 2022 07:28 PM IST
Gautam Adani Commits Rs 60,000 Crore For Charity To Mark His 60th BirthdayGautam Adani, Chairman of Adani Group (@gautam_adani/Twitter)

Gautam Adani, chairman of infrastructure major Adani Group, has committed Rs 60,000 crore as a donation for social causes, particularly in healthcare, education, and skill development.

The record donation was announced to mark the 60th birthday of Gautam Adani on Friday (24 June).

“On the year of the centenary birth anniversary of Gautam Adani’s father Shantilal Adani, and Gautam Adani’s own 60th birthday, the Adani Family has committed a donation of Rs 60,000 crore to a range of social causes. This corpus will be administered by the Adani Foundation,” the company said.

“At a very fundamental level, programs related to all these three areas (healthcare, education, and skill development) should be seen holistically and they collectively form the drivers to build an equitable and future-ready India. Our experience in large project planning and execution and the learnings from the work done by the Adani Foundation will help us uniquely accelerate these programs,” Gautam Adani said.

“This contribution from the Adani Family intends to draw upon some of the brightest minds that have a passion to make a difference in the Adani Foundation’s journey to do more towards fulfilling our ‘Growth with Goodness’ philosophy,” he added.

According to the company, the Adani Foundation today covers 3.7 million people in 2,409 villages across 16 states in India.

With a market cap of over $166.24 billion as of Thursday (23 June), Adani Group comprises seven publicly traded companies with a transport and utility infrastructure portfolio with a pan-India presence.

Headquartered in Ahmedabad of Gujarat, Adani Group has positioned itself as the market leader in its transport logistics and energy utility portfolio businesses, focusing on large-scale infrastructure development in India.

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