Essar Group to invest $650 mn more in US steel plant: Prashant Ruia
Company to focus on energy, metals and mining, infrastructure and technology in India, he says As President Donald Trump rolls out his Make in America plans, India’s Essar Group is finalising an additional $650 million investment in its plant in the state of Minnesota. It had invested $1.7 billion earlier. PRASHANT RUIA, director of Essar Group, […]
Prashant Ruia in conversation with Bloomberg at WEF Davos 2025
At the World Economic Forum in Davos 2025, Prashant Ruia spoke with Menaka Doshi from Bloomberg on evolving global trade amidst geopolitical shifts, and how technology will commercially enable the inevitable transition to cleaner fuels. He also highlighted Essar’s investments in building sustainable ecosystems for industrial decarbonisation, renewables, green mobility, biofuels, and digital infra. Interview […]
Prashant Ruia in conversation with Business Today at WEF Davos 2025
At the World Economic Forum in Davos 2025, Prashant Ruia, CEO of Essar, spoke with Siddharth Zarabi of Business Today on a range of topics, from industry outlook to company updates. While acknowledging the inevitable shift toward cleaner fuels, he emphasised that fossil fuels will continue to play a significant role in India’s energy mix […]
Essar Renewables signs MOU with Government of Maharashtra to develop 2GW of Renewable Energy for its green mobility initiative
~ ₹8,000 Crore investment to drive India’s green energy transition Mumbai, January 22, 2025: Essar Renewables Ltd (ERL), Essar’s venture into the green energy sector, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum (WEF) in Davos. The MoU paves the way for Essar Renewables’ proposed investment […]
Dr Haseeb Drabu, pens down the essence of Shri Shashi Ruia in his evocative tribute.
In this touching piece on TimesNow, he reflects on the legacy built by Shri Shashi Ruia, the life he led, his love for food, and the many qualities that continue to inspire many. Shashi Ruia would have turned 81 today, December 23. As the patriarch of the Ruia and Essar family, which he became at […]
The thoughtful tribute honouring Shri Shashi Ruia by NDTV
Shri Shashi Ruia a co-founder of ESSAR, a businessman with a difference. A leader, a pioneer, a patriot, a philanthropist who brought many firsts in India. Watch his journey on the eve of his birth anniversary. Source: NDTV
ET Now pays a heartfelt tribute to Shri Shashi Ruia with a special film honoring his remarkable legacy.
Essar’s senior leadership share their views on RBI Monetary Policy – December 2024
“The RBI’s decision to maintain the repo rate at 6.5% for the 11th consecutive time and reduce the Cash Reserve Ratio (CRR) from 4.5% to 4% is a timely and strategic move. Amidst heightened global uncertainties, rising energy costs, and fluctuating commodity markets, this monetary policy stance ensures financial stability and enhances domestic liquidity. The […]
Shri Shashikant Ruia | 23.12.1943 – 25.11.2024
It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. He was 81. With an unwavering commitment to community upliftment and philanthropy, he touched millions of lives leaving an enduring impact. His humility, warmth, and ability to connect with everyone he met, made […]
Essar Group appoints Manu Kapoor as Group Chief of Public Policy and Corporate Affairs
Mumbai, October 25, 2024: Essar Group is pleased to announce the appointment of Manu Kapoor as its Group Chief of Public Policy and Corporate Affairs. Manu brings over three decades of specialised experience working with corporations, governments, public sector agencies, and industry groups. He is an established leader with a successful career of managing corporation’s […]