Adani Group Restructuring: New Three-Layer Structure to Speed Up Decision-Making

Billionaire Gautam Adani’s conglomerate is undertaking a sweeping overhaul of its operating structure, aiming to speed up decision-making and sharpen execution as India’s infrastructure and energy investment boom intensifies competition among corporate giants.

In a speech to employees on Labour Day, Gautam Adani said the group will adopt a leaner three-layer organisational structure with fewer decision-makers and a stronger focus on liquidity and access to capital. The group did not disclose detailed changes to the new hierarchy.

“The three-layer model aims to flatten the organization so that responsibility is clear and decisions can be made quickly,” Adani said in his speech.

The restructuring marks the group’s second major organisational reset since 2015, when it carved out and separately listed its ports and power businesses — a move that simplified the conglomerate’s structure and helped unlock shareholder value by giving investors direct exposure to operating companies.

The latest shake-up comes as India’s rapid economic expansion fuels an aggressive capex cycle across infrastructure, logistics, energy transition and consumer businesses, prompting conglomerates to move faster and operate with tighter control over capital and execution.

The Adani Group operates India’s largest private-sector ports and airports network and has more than 700 operational sites spread across 24 states. The conglomerate says it engages nearly 400,000 employees, partners and contractors.

The group has also been diversifying its funding base. Chief Financial Officer Jugeshinder Singh had previously said the conglomerate raised $2 billion from domestic markets last year and plans to scale that up to $10 billion over the next three years.

Alongside the operational overhaul, the group is expanding worker infrastructure. Adani Group said it has started building accommodation facilities for 50,000 workers across key project locations and is investing about 50 billion rupees ($527 million) in a township spread over 175 acres in Mundra, Gujarat.

The conglomerate has simultaneously accelerated its investment plans, aiming to deploy $100 billion over the next five to six years instead of over a decade, as outlined earlier.

Separately, Adani Enterprises on Thursday approved plans to raise up to 150 billion rupees through a share sale. The flagship company had reported a quarterly loss in its latest earnings, potentially complicating the group’s ambitious capital expenditure roadmap.

The conglomerate is also navigating operational and legal challenges. Its $1.2 billion copper smelter in Kutch has faced a series of engineering and technical setbacks since commissioning around 10 months ago, raising concerns over a project seen as strategically important for boosting copper supply outside China.

Bloomberg News reported earlier this week that the plant has yet to produce meaningful volumes and was shut in late March for repair work.

The group is also seeking dismissal of a US fraud case involving founder Gautam Adani before fully reviving overseas fundraising efforts. The case stems from allegations by the US Securities and Exchange Commission that the Adanis violated US securities laws. Lawyers representing Adani last month argued the SEC lacked the jurisdiction required to pursue the case.