One of Asia's richest men, Gautam Adani, plans to retire by 70, allowing his sons and nephews to gradually take over the Adani Group by the early 2030s.
The Adani Group, established in 1988, focuses on energy, logistics, and infrastructure, aiming to make India self-reliant in defense and security.
Family business professor Marleen Dieleman praises Adani's retirement planning as a positive step towards succession and avoiding 'King Charles syndrome.'
Adani's elder son will oversee cement, ports, and logistics, while the younger son will handle airports, digital ventures, and defense, managed by nephews in other sectors.
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