Gautam Adani is overhauling his conglomerate, from Apple-style vendors to less hierarchy and more talent grooming

“It is encouraging to see major conglomerates in India making a similar strategic shift with increased confidence and knowledge,” said Monish G Chatrath, managing partner of risk management consultancy firm MGC Global Risk Advisory. But Chatrath cautioned that such models also carry risk implications. He said it has become more difficult to ensure sound corporate governance in a decentralized ecosystem of contractors and service providers.