Ambani vs Adani

The dispute between Ambani and Adani intensifies after the announcement that Ambani is entering the renewable energy business. So far, neither of them have stepped straight into each other's business.

Renewal Energy:

Ambani:

• On June 24th, when India's richest man, Mukesh Ambani, announced his clean energy business.
• Reliance Industries announced a massive Rs75,000 crore worth of investments in green energy over the next three years
• RIL will create a capacity of producing solar power of 100 Gw in 10 years.
• Reliance is expanding its base in domestic manufacturing of solar cells, modules and battery storage, among other things, and this will strengthen India's contribution to clean energy

Adani:

• Adani Group consists of five large companies: Adani Enterprises, Adani Green Energy, Adani Gas, Adani Ports and SEZ and Adani Power.
• It has strong presence in this with 15,390 MW Renewable Energy Portfolio.
• Meanwhile, concerns are also growing that the two billionaires could work together to form a duopoly that could be difficult to break.

Retail:

Ambani:

• Reliance Retail ranked as the fastest growing retail store in the world.
• Ranks 53rd on the Top Global Retailers list and is the only Indian retailer to be included in the top 100.
• It is the largest and most profitable retailer in India with the greatest reach.
• Reliance Retail has more than 150 million loyal customers shopping in all of its formats. The company had more than 640 million customer visits in all of its stores in fiscal year 20. With over 100,000 transactions per hour, Reliance Retail operated 12,711 stores in over 7,000 cities with over 33.8 million square feet of retail space.

Adani:

• Walmart Inc. e-commerce unit signed a pact with tycoon Gautam Adani to build one of the largest retail warehouses in India as the US giant prepares to battle Amazon.com Inc. and domestic rivals in the country.
• Adani Logistics Ltd., a unit of Adani Ports & Special Economic Zone Ltd., will build a 534,000 sq mtrs fulfilment centre in its future logistics centre in Mumbai and sell it to Walmart’s Flipkart Online Services Pvt. rent,
• This warehouse - about the size of 11 soccer fields - is expected to go into operation in the third quarter of 2022 and store 10 million storage units, the companies said.

Petrochemical:

Ambani:

• Owns the world's largest refining centre with a capacity of 1.4 million barrels per day (mmbpd)
• Reliance Petroleum has a network of more than 1,300 gas stations across the country.

Adani:

• Gautam Adani took a small step into the petrochemicals business on Saturday by becoming a wholly owned entity under Adani Enterprises Ltd.
• Total-Adani Fuels Marketing Ltd applied for licenses to offer the full bouquet of auto fuels in retail stores.
• Total bought 37.4 percent of the shares in Adani Gas, which was produced by billionaire Adani, in order to enter the world's fastest growing fuel market.
• Total-Adani Fuels Marketing Ltd, a subsidiary of Adani Gas, will offer charging facilities for natural gas, gasoline, diesel and electric vehicles.
• Joint venture applied for a license under the liberalized fuel retail system announced by the gov’t.

Digital:

Ambani:

• The fastest growing start up / 4G operator.
• More than 90,000 4 G LTE towers installed
• The network of fibre optic is believed to be 2.5 lakh kilometres across the country.
• Jio is the first and last Exabyte telecom arranger in the world, providing over 100 crore GB of information each month.

Adani:

• The Adani Group is ready for a foray into the digital world as the chairman in his first in-house meeting with employees at Adani Digital Labs, the arm of the Adani-controlled conglomerate.
• Said "We have to be the Ferrari of the digital world," said the chairman in front of around 80 young employees.
• We have to develop the app for every person in India in the huge ecosystem.
• It took him less than 30 minutes to decide that they have to be a player in this area, the group has 400 million consumers engaging with multiple levels of Adani products and services.

 Some interesting facts about Ambani and Adani:

Ambani:

• Dropped out of his MBA
• He is owner of the largest refinery in the world
• It accounts for 5% of the country's GDP
• Reliance Fresh consists of over 700 stores
• His house is the most expensive
• He has a custom made bus van

Adani:

• A school dropout
• He paved his own path to growth
• Closed a deal for 6,000 crore within 100 hours
• His company is the country's largest private electricity producer
• With his port project, he has fulfilled his childhood dream
• He is the head behind India's port-rail link policy

 Its interesting to see how this rivalry would turn in future, ultimately the consumers should  win in long run but its important to not ignore the fact that this would create a duopoly in some businesses.