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Essar Group
Official logo
Essar House (Headquarters), Mumbai, India
Company type
Private
Industry
Conglomerate
Founded
1969; 55 years ago (1969)
Founder
Shashi Ruia
Ravi Ruia
Headquarters
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 Cargo handling
Coal mining
Shipping
IT Services
Revenue
₹120,000 crore (US$15 billion) (2022)[1]
Total assets
₹64,000 crore (US$8.0 billion) (2022) [1]
Number of employees
7,000+[1]
Subsidiaries
Essar Energy
Essar Shipping (estb. 1945)
Essar Oil UK
Essar Oil & Gas Exploration & Production
Essar Ports
Essar Power
Essar Projects
Black Box Corporation
Website
www.essar.com
Essar Group[2] is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a variety of assets in the core sectors of energy (oil refining, oil and gas exploration and production, power), infrastructure & logistics (ports, projects), metals & mining, technology, and retail (oilfield services, information technology, and food retail). EGFL holds a nearly 100% stake in all its investments.[3]
Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects.
^ abc"How Essar Group is reorganizing itself". 2 June 2023.
^"Essar - Businesses Across Energy, Construction, Mining & IT Industry". Essar. Retrieved 24 March 2023.
^"Essar Group - Company Profile and News". www.bloomberg.com. Retrieved 26 September 2020.
Vodafone India (formerly Vodafone Essar, Hutchison Essar) was the Indian subsidiary of UK-based Vodafone Group and was a provider of Telecommunications...
Essar Steel was a common name of the steel manufacturing companies of the EssarGroup of Companies. Its main subsidiary was Essar Steel India Limited...
businesses. Headquartered in Port Louis, Mauritius and subsidiary of EssarGroup, the firm has interests in both the power generation and petroleum industries...
Exchange. Headquartered in Mumbai, it operates as a subsidiary of the EssarGroup. The company's fleet handles a daily average of eight million barrels...
"United Brewery Ltd". The Economic Times. The Times Group. "Corporate profile - About us - Essar". EssarGroup. 23 June 2010. Archived from the original on 10...
EssarGroup for US$ 1.63 billion, continuing operations as a subsidiary known as Essar Steel Algoma Inc. It was purchased again in 2017, by a group of...
to as the Ruia Brothers, are Indian billionaires, and the owners of EssarGroup, founded in 1969. In 2012, Forbes named the Ruia brothers as the world's...
allegedly leaked from the systems of the Indian business conglomerate EssarGroup. The leaked records allegedly contain evidence of politician-corporate...
most complex refineries. Construction of the refinery started in 1996 by Essar Oil. The refinery project was delayed several times due to environmental...
Acquitted on 21 December 2017 by a special CBI Court. Position: Vice-chair, EssarGroup Charges: Criminal conspiracy (Section 120 B) and cheating (Section 420)...
In July 2005, he sold his 64 per cent stake in BPL Communications to EssarGroup for US$1.1 bn. Chandrasekhar founded Jupiter Capital in 2005, with an...
is a part of the multinational conglomerate, the EssarGroup. The company was an initiative of Essar Steel, a 14 MTPA steel producer and one of India's...
Vodafone India. In May 2011, Vodafone Group Plc bought the remaining shares of Vodafone Essar from EssarGroup Ltd for $5 billion. In October 2013, it...
computer, Padma Shri winner Ravi Ruia, vice chairperson & co-founder of EssarGroup S. Somasegar, former senior vice president, Microsoft Srinivasaraghavan...
Connect was created. AGC Networks Limited was created in 2010 after EssarGroup purchased Avaya Global Connect from Avaya Inc. Transcend United Technologies...
ingredients Black Box Corporation Technology Internet Navi Mumbai 1975 Part of EssarGroup Blue Star Industrials Electronic & electrical equipment Mumbai 1943 Home...
helicopters on behalf of 50 Indian corporates such as Reliance Industries and EssarGroup. Their Mumbai centre is the authorised customer service centre to support...
like Aditya Birla Group, EssarGroup of Companies, Ispat Industries, Reliance Petroleum, Vedanta Group, Indorama Group and Welspun Group in various senior...
joint venture between Hindalco Industries Ltd, India and Essar Energy Plc, of the EssarGroup, an Indian multinational conglomerate partly floated on London...
politics since 2009. Prior to that, he was the corporate head of the EssarGroup. He married Anamika Gautam from Patna (Bihar) in the year 2000. He holds...
CK Birla Group DMart Dalmia GroupEssarGroupEssar Shipping Essel Essel Propack Zee Entertainment Enterprises Emami Flipkart Future Group India Infoline...
Stanlow Refinery is an oil refinery owned by Essar Energy in Ellesmere Port, North West England. Until 2011 it was owned by Shell UK. The refinery is...
Bird Group of Companies Bharti Enterprises Chettinad Group CK Birla Group Dalmia Group Dabur Group Elecon Group Emami Enso Group Escorts Limited Essar Group...
Global Information
₹120,000 crore (US$15 billion) (2022)[1]