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Essar is a multinational corporation with annual revenues of US$35 billion and investments in Steel, Energy, Infrastructure and Services. With operations in more than 29 countries, it employs over 60,000 people.


Essar GlobalEssar began as a construction company in 1969 and has diversified into manufacturing, services and retail over the years since then. Over the last decade, it 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, Essar continues to expand its global footprint, focusing on markets in Asia, Africa, Europe, the Americas and Australia. Essar invests significantly in the latest technology to drive forward and backward integration in its businesses, and on leveraging 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.

Essar Global Fund Limited (“Essar Fund”) is an investment fund managed by its investment manager Essar Capital Limited. The Fund is a global investor, controlling a number of world-class assets diversified across the core sectors of energy, metals and mining, infrastructure (comprising ports and EPC businesses) and services (primarily comprising shipping and BPO businesses). The aggregated revenues of the Fund’s portfolio companies total US$35 billion. The Fund’s portfolio companies employ over 60,000 people across 29 countries, and have adopted international standards of health, safety, environmental protection and corporate governance.

Alongside its ambitious business pursuits, Essar has been committed to its social responsibility. The company runs community outreach initiatives at all of its plant locations, with a focus on education, healthcare, environmental and agricultural development, and self-employment. Essar is committed to sustainable business practices. Its Health, Safety and Environment (HSE) management system is on par with global standards.

The company is also actively undertaking climate change initiatives to reduce its carbon footprint. This includes several Clean Development Mechanism (CDM) projects that earn the company 'Certified Emission Reduction' credits. A growing number of its businesses – with new businesses joining the list every year – are certified to international environment standards, including ISO 9001 /14001, and health and safety standards, such as OHSAS 18001.

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. This is why its people practices are sensitive to cross-cultural nuances. The company's people strategy is focused on promoting a learning culture that continually enhances the professional skills of its employees.

Here’s a look at Essar's areas of business:

Essar has a significant global presence in steel and an international portfolio of iron ore and coal mines.

Essar Steel is a fully integrated flat carbon steel manufacturer – from iron ore to ready-to-market products – with a current capacity of 14 million tonnes per annum (MTPA) and a footprint in India, Canada, USA, the Middle East and Asia.. Its products find wide acceptance in highly discerning consumer sectors such as automotive, white goods, construction, engineering and shipbuilding.

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Essar Energy is a world-class, low-cost, integrated energy company focused on India and positioned to capitalize on India's rapidly growing energy demand. We have an established track-record and assets worth US$12 billion across the power and oil and gas industries. The combined assets of Essar Power and Essar Oil constitute Essar Energy.

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Essar Oil is a fully integrated oil and gas company of international scale with a strong presence across the hydrocarbon value chain – from exploration and production to oil retail. The company has access to a global portfolio of conventional and unconventional, onshore and offshore oil and gas blocks, with about 35,000 sq km available for exploration. The company is also the largest coal bed methane (CBM) player in India. Currently, Essar Oil India has over 700,000 barrels per stream day (bpsd) of global crude refining capacity at Vadinar,Gujarat, India and Stanlow, UK.

Essar Oil UK, which operates the 296,000 bpsd refinery at Stanlow in Cheshire, United Kingdom, meets 15% of UK’s  auto fuel demand.  

Essar Oil has over 1,400 Essar-branded oil retail outlets in various parts of India and about 600 more under various stages of commissioning

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Essar Power is among India's top private sector power producers with a current generation capacity of 6700MW spread across eight power plants in India and Canada. 

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Essar has a strong foundation in infrastructure projects, with proven capability in managing ports and handling large, complex engineering, procurement and construction projects.

Essar Ports is one of India’s largest owners and operators of ports in India and provides port & terminal services for liquid, dry bulk, break bulk and general cargo. The company has an existing aggregate capacity of 104 MTPA across two facilities located at Vadinar and Hazira in the state of Gujarat on the west coast of India and one dry bulk export terminal at Paradip in the state of Orissa and two iron ore berths in outer harbor of Visakhapatnam Port in the state of Andhra Pradesh on the east coast of India. It is currently in the process of increasing its aggregate ports capacity to 214 MMTPA at a number of locations across India and Beira, Mozambique.

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Essar Projects is a class-leading Engineering, Procurement and Construction (EPC) contractor offering innovative execution and delivery solutions to its clients in multiple sectors for projects of scale and complexity, whilst managing diverse technological interfaces. Its likes of business are spread across core minerals and metals, power, upstream oil and gas (including offshore), refining and downstream sectors and infrastructure (including ports and pipelines).

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Essar offers a wide portfolio of services that cater to diverse sectors that include shipping, business process outsourcing, telecom and realty.

Essar Shipping is an integrated logistics solution provider with a presence in sea transportation, logistics and oilfield drilling services. The company currently has a fleet of 15vessels, including VLCCs, Capes, Minicapes, Bulk, Supramaxes. It provides contract drilling and related services to global oil majors, with a fleet of 15onshore rigs and one semi-submersible offshore rig; and two new jack-up rigs on order.

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Aegis, Essar's BPO arm, is present in 56 locations, across 13 countries with more than 55,000 employees. It services over 300 clients from verticals such as Banking and Financial Services, Insurance, Technology, Telecom, Healthcare, Travel & Hospitality, Consumer Goods, Retail, and Energy & Utilities. The company is wholly owned by the Essar, a USD 39 billion conglomerate.

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Essar Communications has presence retail via The MobileStore, launched by Essar in 2007 which currently runs around 700 outlets in over 90 Indian cities and towns.

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Equinox Realty has a current portfolio of approximately 16 million sq. ft. under various stages of development and is currently present in the Indian states of Maharashtra, Karnataka, Gujarat and Madhya Pradesh.

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Other businesses
Besides leadership in its core businesses, Essar is building a strong presence in several other key sectors of India's growing economy.

Agribusiness: Essar Agrotech is a well-known name that grows flowers, herbs and vegetables primarily for international markets.

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