Gautam Adani Quotes


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.


Citations

Adani, Gautam. Interview by Peter Ker. "Adani Backs Coal Despite Price Plunge." The Sydney Morning Herald, Fairfax Media, 11 June 2014.

Related Quotes

Manava Dharma Shastra. Ancient Hindu India had what may well have been the most regulated mercantile economy of any society in history. All prices for all goods were to be set by the king. In order to prevent the stultifying effect of price controls, the Hindus required that the prices be reset very frequently to reflect various market conditions. It was a highly regulated form of capitalism. This text is a part of the Hindu Holy Texts. Hindus believe that Manu was a prophet whose text is revealed or inspired.


Gautam Adani
Gautam Adani
  • Born: June 24, 1962
  • Nationality: Indian
  • Profession: Chairman, Adani Group, President, Adani Foundation

Gautam Shantilal Adani is an Indian billionaire industrialist who is the chairman and founder of the Adani Group -- an Ahmedabad-based multinational conglomerate involved in port development and operations in India. Adani is the president of the Adani Foundation, which is primarily led by his wife, Priti Adani.