Adani Group Chairman Plans Succession to Sons

Gautam Adani, Chairman of the Adani Group, has announced his intention to step down at age 70 and transition control of the conglomerate to his sons by the early 2030s.

Gautam Adani, the 62-year-old Chairman of the Adani Group, has disclosed plans to retire from his position at the age of 70.

In an exclusive interview with Bloomberg News, Adani revealed that he intends to hand over the reins of his extensive business empire to his sons by the early 2030s.

This succession plan marks a significant shift in the leadership of one of India's most influential conglomerates.

(With inputs from agencies.)