The Essar Group is a multinational conglomerate and a leading player in the sectors of steel, oil and gas, power, communications, shipping, ports and logistics, projects and minerals.
With operations in more than 20 countries across five continents, the group employs 75,000 people, with revenues of US$17 billion.
Essar Group is an Indian multinational conglomerate with investments in the sectors of steel, energy (oil & gas and power), infrastructure (ports, projects & concessions) and services (shipping, telecom, realty and outsourcing and technology solutions). With operations in more than 25 countries across five continents, Essar employs over 73,000 people and has revenues of $39 billion.
Ravikant Nand Kishore Ruia was born on 1949, and is the Vice-Chairman of Essar Group, founded in 1969 by Ruia and his brother Shashi Ruia.
In 2012, Forbes named Brothers Shashi and Ravi Ruia as the world's first richest Indians with a net worth of US$7 billion.
Ravi Ruia is a mechanical engineer by profession, with a degree from College of Engineering,Guindy - Anna University in Chennai, and has played an important role in steering the Essar Group to its pre-eminent position.
Shashi Ruia (born 1931) is an Indian businessman, the chairman and co-founder of Essar Group. He was born in India. According to Forbes, the Ruia brothers have a joint net worth of $5.6 billion, as of June 2017. Ruia lives in Mumbai.