Essar Group, founded by Shashi Ruia and Ravi Ruia, in 1969, as a construction company, later diversified into various core sectors, to become one of India's biggest multinationalconglomerates.
Essar Group?
Essar House ( Headquarters) , Mumbai
Type
PrivateIndustryConglomerateFounded1969; 50 years agoFounderShashi Ruia
Ravi RuiaHeadquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Shashi Ruia( Chairman)
Ravi Ruia ( Vice-Chairman)
Prashant Ruia ( Group CEO) Products
Fuel
Coalbed methane
Power
Bulk/General Cargo Handling
Coal Mining
Shipping
IT Services
Revenue? US$12 billion( 2018) [1]
Number of employees
50, 000 ( 2017) [1]SubsidiariesEssar Oil UK, Essar Oil & Gas Exploration & Production, Essar Ports, Essar Shipping, AGC NetworksWebsite http://www.essar.com
Essar Global Fund Limited ( EGFL) controls a number of assets across the core sectors of Energy ( Oil Refining, Oil & Gas Exploration & Production, Power) , Infrastructure ( Ports, Projects) , Metals & Mining, and Services ( Shipping, Oilfield Services, IT) . EGFL holds near 100% stake in all its investments