Essar Groupis an Indianmultinationalconglomeratewith investments in the sectors of steel, energy, infrastructurandservices.
Essar began as a construction company in 1969 and diversified into manufacturing, services and retail.
Essar began its first operation with the construction of an outer breakwater in Chennai port. The name Essar is derived bycombining the first letter of the Chairmans and Vice-Chairmans names – Shashi and Ravi, i.e. S plus R sounds like Essar.