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Adani Group Merges Its Step-Down Subsidiaries to Streamline Its Business Operations

It will ensure that there is enhanced synergy in the groupu2019s business. The conglomerate will also be able to earn an enhanced revenue from its business operations and step into new business ventures. It will no longer have to deal with the constant allegations of Adani Crisis.

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Adani Group Merges Its Step-Down Subsidiaries to Streamline Its Business Operations

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  1. Adani Group Merges Its Step-Down Subsidiaries to Streamline Its Business Operations

  2. The Adani Group has recently merged two of its step-down subsidiaries, Adani Infrastructure Private Limited and Mundra Solar Technology Limited with Adani New Industries Limited. This is a strategic move taken up by the Adani Group towards further enhancing its business operations. It will ensure that there is enhanced synergy in the group’s business. The conglomerate will also be able to earn an enhanced revenue from its business operations and step into new business ventures. It will no longer have to deal with the constant allegations of Adani Crisis.

  3. Adani’s Plan to Merge Its Step-Down Subsidiaries: The Adani Group is known to be one of the most successful business ventures. Time and again, the business group has taken up a lot of initiatives which are directly aimed at ensuring that our country’s business operations experience significant growth. It has also been driven by enhanced business strategies which has allowed it to overcome the controversies of Adani Crisis. So, as a part of its recent business strategy, the group has taken up the decision to amalgamate Adani Infrastructure Private Limited and Mundra Solar Technology Limited with Adani New Industries Limited.

  4. Adani New Industries Limited is a wholly-owned subsidiary of Adani Enterprises, the flagship company of the Adani Group. Adani Infrastructure and Developers mainly operate the real estate company’s solar power projects. It is also responsible for constructing and developing thermal and solar power projects. It also offers techno-commercial, engineering, project management, and control and commissioning services to its highly versatile client-based.

  5. Mundra Solar Technology is a relatively new company. It is less than 3 years old and is directly involved in the production, collection, and distribution of electricity. Adani New Industries is a subsidiary of Adani Enterprises Limited. The company mainly undertakes low-carbon projects. It undertakes manufacturing of wind turbines and solar modules. It is also responsible for managing the green hydrogen projects. The company also serves various important business sectors including logistics, transportation, energy, and utility incubation.

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