ESSAR GROUP
Introduction
Essar Group is a multinational conglomerate corporation in the sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics as well as Construction head quartered at Mumbai, India. With operations in more than 20 countries across five continents.
Founder of Essar group
The Essar Group is as strong as steel, as slick as oil, and on the go over sea and the airwaves. One of the largest corporations in India, the conglomerate's holdings include the country's first independent power plant and its first private steel plant. Other operations include construction, oil and gas production, and telecommunications. Controlled by the Ruia family, which has been in business since the 1800s, the Essar Group was founded by Nand Kishore Ruia and passed to his sons Shashi and Ravi after his death in 1969. Its primary unit, Essar Steel, has manufacturing facilities in India, Indonesia, Canada, and the US, with an annual production capacity of 14 million tons.
2. Introduction
● The Essar Group was founded by Nand Kishore Ruia
● Shashi Ruia and Ravi Ruia took over the business 1969.
3. The Essar Group is a multinational conglomerate corporation in the sectors of
Steel, Energy (Oil &Gas, Power)
Communications,
Shipping Ports & Logistics
Construction head quartered at Mumbai, India.
4. Essar Group have business in more than 20 countries across five continents.
5. The Company was incorporated in June 1976 under the name of Essar Construction
Limited.
In late 1980's with the purchase of an HBI manufacturing plant in Emden, Germany.
Energy operations were transferred to Essar Oil Limited in May 1992,
Civil and mechanical construction business were transferred to Essar Projects
Limited in March 1993.
6. Introduction
Board of Directors
Mr. Shashi Ruia ( Chairman)
Mr Ravi Ruia (Vice Chairman )
Mr Prashant Ruia (Group Chief Executive)
Mr. Anshuman Ruia (Promoter Director)
Mr. J Mehra (Director)
REVENUE
US$ 17 billion (2011)
Employment provided :- 75,000 employees (2010)
7. Products deal in
● Essar Steel
Mr. Malay Mukherjee ( CEO , Steel Business)
Essar is India's largest exporter of flat products to the US and European market and to
those of South East Asia and the Middle East.
Fully integrated flat carbon steel manufacturer with capacity near about 14 million
tonnes per annum.
8. End user distribution.
Plate mill
Pipe mill
PT Essar Indonesia
12. Oil and Gas
Mr. Lalit Kumar Gupta ( Managing Director and CEO, Essar oil Ltd.)
Near 1700 Essar branded oil retail outlets across India in March 2011.
Over 2700 sq. km acreage in India. Largest CBM player in India.
Retail and Marketing
13. ● Refinery
Mr. Naren Vachharajani ( CEO, Refinery Operations and International Trade)
18 MTPA refinery on west coast of India
Global crude refining capacity 375,000 bpsd.
Controlling 50% stake in Kenya Petroleum Refinery Ltd’s 80,000 bpsd.
14. Power
Mr KVB Reddy — COO, Power Business Group
Has two gas based plants of 500 MW and 515 MW capacities in Bhander and Hazira ,
15. A 500 MW co-generation plant in Vadinar and an 85 MW plant in Algoma.
Current generation capacity of 1,600 MW to 9,670 MW.
Lowest cost power producers.
16. Ports
Mr Shashi Ruia, Chairman, Promoter, Non-Executive
Mr Anshuman Ruia, Director, Promoter, Non-Executive
Provides port and terminal services for liquid, dry bulk, break bulk and general
cargo.
Existing aggregate capacity of 88 MMTPA.
It owns a shipping fleet of 30 vessels
.
18. ● Projects
Four decades of experience in project execution and delivery.
Is a global engineering, procurement and construction (EPC) company.
EPL have also developed 1,600 MW of power projects with another 10,000
MW being under construction.
19. Communication
● Telecom:-
Mr S Subramaniam — CFO, Telecom Business Group
Presence in telecom services, telecom retail, telecom tower infrastructure and business
process outsourcing
140 million subscribers in India, Kenya, Uganda and Congo.
In Kenya, Essar created a new cellular services brand called ―yu‖, becoming the fourth
telecom operator in the country.
The MobileStore Ltd currently runs 1,300 outlets in over 200 Indian cities and towns, and
7The Electronic Store outlets.
20. BPO
Aegis Ltd.
Mr Aparup Sengupta (CEO, Aegis Ltd.)
Operate integrated IT-enabled services through the Aegis brand name.
Essar BPO has more than 50,000 employees across 50 locations in 12 countries.
Aegis vision is articulated through the acronym VIEW, which guides our thoughts, plans
and actions, a cause for our efficiency and customer focus and a trademark from the very
beginning.
22. Telecom
In Kenya
Essar Telecom Kenya limited
In 2008, Joint venture with a Zimbabwe-based Econet Wireless International.
Currently has more then 1.5million subscribers.
23. Telecom
Essar have majority stake in the telecom assets of the Dhabi Group in
Uganda and the Republic of Congo.
Essar also have joint venturing into emerging marketing Africa And South
Africa.
24. Logistics
The Logistics business provides end-to-end logistics services .
It also operates a fleet of 4,200 trucks to provide inland transportation of steel and
petroleum products
Essar Logistics Limited (ELL) provides project cargo, transhipment, lighter age and
trucking services to steel mills and oil refineries.
25. ● Hypermart
Essar Hypermart is a steel retail chain headquartered at Mumbai, India.
Essar has a steel retailing network of 520 outlets.
26. Products avaliable in Hypermart
Chequered Plates
Essar GP Products
Heavy Plates
Hot Rolled steel
Cold Rolled Steel
Pre-painted Sheet
Shot Blasted Plates
27. ● Mobile Store
Mr Himanshu Chakrawarti — CEO, The Mobile Store Ltd.
The MobileStore Limited, India's first countrywide chain of telecom retail
outlets and largest mobile retailer.
Set to introduce a pan-Indian network of retail telecom outlets.
28. News
2G scam
Essar Energy signs pact with Shell for Stanlow refinery
Piramal Healthcare to buy 5.5% in Vodafone-Essar
Essar Steel ramps up Hazira steel unit capacity to 10 MTPA
29. 'MT Smiti' – Essar's double hull, double bottom, very large crude
carrier
30. 'MT Ashna' – Essar's double hull, double bottom, very large crude
carrier
31. Social Work
The Essar Foundation’s Shakti (empowerment) scheme.
Sewing machines were distributed (Kirandul in Dantewada district of
Chhattisgarh)
Sponsored an Inter-State Cricket Tournament