Essar Group
Essar Group is an Indian multinational conglomerate and construction company, founded by Shashi Ruia and Ravi Ruia in 1969. Essar Global Fund Limited (EGFL) controls a number of assets across the core sectors of energy (oil refining, oil and gas exploration and production, power), infrastructure (ports, projects), metals and mining, and services (shipping, oilfield services, IT). EGFL holds nearly 100% stake in all its investments.[2]
 Official logo | |
 | |
| Type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1969 |
| Founder | |
| Headquarters | , |
Area served | Worldwide |
Key people |
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| Products | |
| Revenue |  US$14 billion (2020)[1] |
Number of employees | 7,000+[1] |
| Subsidiaries |
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| Website | www |
History
In 1969, Shashi Ruia won a major contract worth Rs. 2.3 crore for construction of outer breakwater for Chennai port, thus laying the foundation of Essar Group. In 1976, Essar purchased India's first private tanker for US$ 2 million. [3]
See also
- Category:Conglomerate companies of India
References
- "Archived copy". Essar Group. 23 June 2020. Archived from the original on 10 August 2013. Retrieved 11 July 2020.
{{cite web}}: CS1 maint: archived copy as title (link) - "Essar Group - Company Profile and News". www.bloomberg.com. Retrieved 26 September 2020.
- "Made in India, Built by Essar". archive.essar.com. Retrieved 13 September 2021.
External links
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