The Essar group operates a number of world-class assets diversified across the core sectors of energy, metals & mining, infrastructure (comprising ports and EPC businesses) and services (primarily comprising shipping, telecom retail, technology and outsourcing businesses). These assets are controlled by Essar Global Fund Limited, an investment fund managed by its investment manager, Essar Capital Limited. The fund is a global investor and its portfolio companies have combined revenues of US$35 Billion. The group employs over 60,000 people across five continents and 29 countries, and has adopted international standards in health, safety, environmental protection and corporate governance. Over the last four decades, Essar has grown through strategic global acquisitions and partnerships, or through greenfield and brownfield development projects, capturing new markets and discovering new raw material sources. Today, the company has expanded its global footprint, focusing on markets in Asia, Africa, North America and Europe. Essar invests significantly in the latest technology to drive forward and backward integration in its businesses, and to leverage synergies between these businesses. It also focuses on in-house research and innovation to be a low-cost manufacturer with high quality products and innovative customer offerings. In its commitment towards social responsibility, Essar’s initiatives across plant locations, focuses on education, healthcare, environmental and agricultural development, and self-employment. Essar is committed to sustainable business practices. Its ‘Health, Safety and Environment’ management system is at par with global standards. Essar is widely regarded as a responsible and conscientious global employer. It has experience in managing businesses in different geographies with a culturally diverse workforce.
Sector: Oil & Energy
Year Established: 1969