Essar Group

Essar Group
Company typePrivate
IndustryConglomerate
Founded1969 (1969)
Founder
Headquarters,
Area served
Worldwide
Key people
Products
Revenue 120,000 crore (US$14 billion) (2022)
Total assets 64,000 crore (US$7.6 billion) (2022)
Number of employees
7,000+
Subsidiaries
  • Essar Energy
  • Essar Shipping (est. 1945)
  • Essar Oil UK
  • Essar Oil & Gas Exploration & Production
  • Essar Ports
  • Essar Power
  • Essar Projects
  • Black Box Corporation
Websitewww.essar.com

Essar Group 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.

Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects.