Essar Global Fund Limited is a global investor, controlling a number of world-class assets diversified across the core sectors of Metals & Mining, Energy, Infrastructure (comprising Ports and EPC businesses) and Services (Shipping, IT and Retail businesses).
The portfolio companies have aggregate revenues of about USD 15 billion (estimated for the financial year ending 31 March 2018) and employ over 8,000 people.
Essar began as a construction company and rapidly diversified into manufacturing, services and retail. It has grown through both greenfield and brownfield development, as well as strategic global acquisitions and partnerships. Alongside its business pursuits, Essar is a socially responsible corporate. It runs community outreach initiatives alongside each and every plant location, with a focused effort on improving community health, livelihood, education, infrastructure and environment.