Gautam Adani, India’s second richest person, has set in motion his next big plan. According to various media reports, preparations have begun for a Rs 25,500-29,200 crore IPO of Adani Airports Holdings as part of a plan to separate the group’s airport business from the holding company.
The new development is being seen as the new master plan of the “infra king of India” as he further diversifies from his initial coal empire comprising mines, ports and power plants into newer domains that include, apart from airports, defence and data centres.
