Gautam Adani said that his company takes up projects only through transparent bidding.
New Delhi:
The world’s third richest man, Gautam Adani has told India TV in an exclusive interview that criticism that his close ties with Prime Minister Narendra Modi have boosted his fortune has been refuted as he works with several opposition-ruled states. We do. “We want to invest maximum in every state… Adani group is really happy that today it is operating in 22 states, and all these states are not BJP ruled… I can say that we have no problem with this No state government. We are working in Left ruled Kerala, Mamta didi’s West Bengal, Naveen Patnaik ji’s Odisha, Jaganmohan Reddy’s state, even KCR’s state.
Mr. Adani appeared your courtHosted by Rajat Sharma. The 60-year-old said, “I want to tell you that you can never get personal help from Modi ji. You can talk to him about policies in the interest of the country, but when a policy is made, it is for everyone.” it occurs.” Not only for the Adani group,” he said.
Mr. Adani also said that there is There is a misconception about his multi-billion-dollar conglomerate that he is being heavily leveraged, leaving the savings of banks and common people vulnerable. “In the last seven-eight years, our income has increased by 24 per cent, while our debt has increased by 11 per cent,” he said, adding, “Our assets are four times more than our borrowings.”
Mr Adani explained on the 90-minute show that he believes opposition leader Rahul Gandhi’s repeated allegations of crony capitalism against him are “part of the business of politics”. He gave the example of Rajasthan, which is ruled by Mr. Gandhi’s Congress party.
“Investments are our usual programme. I went to the Rajasthan Investors’ Summit on the invitation of Chief Minister Ashok Gehlot. Later, even Rahul (Gandhi)ji praised our investments in Rajasthan. I know Rahul’s The policies are not anti-development.” he added, referring to his Rs 68,000 crore investment in the desert state.
Adani said critics who say that his relationship with PM Modi has benefitted him, ignore the fact that his success began when the Congress was in charge of the country.
“I got three big breaks in my life. First, in 1985 during Rajiv Gandhi’s regime, when the Exim policy allowed our company to become a global trading house. Second, in 1991, when P.V. Narasimha Rao and Dr. Manmohan Singh opened up the economy, and we entered the public-private partnership mode,” he said.
“And thirdly, during Narendra Modi’s 12-year-long rule in Gujarat… I can proudly say that it was a very good experience.” He said that he wanted to emphasize that “Gujarat is investor friendly, not Adani friendly”.
In the last year, Mr Adani’s wealth has grown higher than that of any other billionaire, His conglomerate is worth $200 billion and includes green energy, ports, mines, airports and huge infrastructure projects. Mr. Adani said that his company has never done any deal without bidding and hence, there is no question of it getting special treatment.
“We have not got a single project without bidding. It is our Adani group principle that no project should be taken up without bidding, be it ports, airports, roads or power houses. There is not a single allegation That we ‘succeeded’.” to bid. Even Rahul ji has not made any allegation of tampering in the bidding process.
When Mr Adani was asked to reveal his formula for success he kept it simple: “labor, labor, labor(Work hard, work hard, work hard).”
Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.