The Essar Group is one of India's largest corporate houses with interests spanning the manufacturing and services sectors; Steel, Oil & Gas, Power, Shipping, Telecom and Construction. The group's enterprise value is approximately US $ 15 billion (Rs. 67,000 crores).
Essar Constructions Ltd is one of India's leading Engineering, Procurement, Construction companies. Over the past 30 years, ECL has sucessfully completed several prestigious projects worth over US 3 Billion dollars (Rs 14000 crores), in areas of Industrial Plants, Marine & Civil Projects, Cross Cuntry Pipelines & Roads & Highways. We own state-of-the-art construction equipment and employee an experiencedproject team supported by over 2000 employees. we have consistently broken newground and executed several pioneering projects. To augment our global team in view of our proposed expansion and globalisation plans, we are looking for various engineering & management professionals.
Essar Global Limited is a diversified business corporation with a balanced portfolio of assets in the manufacturing and services sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics, and Construction. Essar Global has offices in Asia, Africa, Europe and the Americas.
With a firm foothold in India, Essar Global has been focusing on global expansion with projects/investments in Canada, USA, Africa, the Middle East, the Caribbean and South East Asia. Privately owned and professionally managed, Essar is judiciously invested in the commodity, annuity and services businesses. Forward and backward integration, state-of-the-art technologies, in-house research and innovation have made Essar Global a leading player in each of its businesses. Essar�s abiding philosophy is to be a low cost, high quality, technology driven group with innovative customer offerings.
Essar Steel is one of India's top 10 steel manufacturers. In April 2007, Essar purchased Canada-based Algoma Steel for US$ 1.63 billion and United States-based Minnesota Steel for an undisclosed amount. As part of the deal with Minnesota Steel, Essar will invest US$ 1.65 billion to build a steel plant in northern Minnesota. The plant will be the first in North America to have iron-ore mining, processing and steelmaking on a single site.[1] After the acquisition of these firms, Essar Steel became India's fourth largest steel manufacturer after Tata Steel, Steel Authority of India Limited and Jindal Steel.
The Minnesota state governor briefly opposed funding the project due to Essar's ties to Iran until given assurances that laws regarding trade with Iran will be followed. The group has eneterd into the Retail of Telecom with its Brand "The Mobile Store ". It is a leading brand in Telecom Retail and has more than 500 outlets across the country and running more under the supervision of CEO , Rajiv. A new arm has been set up by the Essar Group for retail sales of steel, directly to the consumers, known as Steel Hypermart. This is the first such concept of steel retailing in the country (it is B2C). Essar Steel is starting a new steel plant in Vietnam, expected to be operational by 2010.In a venture to broaden its base in US, Essar is buying another American steel company Esmark for 778 million dollars.
The Essar Group is an India-based diversified corporation with interests in telecommunications, shipping, steel, construction, power and oil. The group has an estimated market value of US$ 15 billion and has an annual revenue of US$ 2.2 billion. Major Essar brand names include Essar Steel, Vodafone Essar, Essar Oil and The Mobile Store.
