Explore Now The Adani Group has managed to stage quite a turnaround since the beginning of the pandemic, by shifting the entire focus of its business strategy. The billions of dollars of investment brought in by the group in its airport, data centers, city gas distribution, ports and renewable energy verticals has convinced the stock market that the conglomerate is preparing itself for the future and at the same time reducing the cyclical nature of its revenues. In doing so, Gautam Adani took a leaf out of Reliance Industries’ playbook, as he shifted the focus of the conglomerate away from the volatile business of commodity trading and coal towards entities that can generate annuity-style revenues, just as Mukesh Ambani did with a shift towards digital services and telecommunications.