Essar Group
Indian Multinational Conglomerate / From Wikipedia, the free encyclopedia
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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]
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Quick Facts Company type, Industry ...
Company type | Private |
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Industry | Conglomerate |
Founded | 1969; 55 years ago (1969) |
Founder | |
Headquarters | , |
Area served | Worldwide |
Key people |
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Products | |
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 |
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Website | www |
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Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects.