about us

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
employs over 40,000 people across 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.

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Vision

We will be a respected global entrepreneur,

through the power of Positive Action.

Mission

We are committed to innovative growth,

through our personal passion,

reinforced by a professional mindset,

creating value for all those we touch.

Management Team

Promoter Directors

Shri. Shashi Ruia

Chairman Shri. Ravi Ruia

Vice Chairman
Shri. Prashant Ruia

Director Shri. Anshuman Ruia

Director Smt. Smiti Kanodia

Director Shri. Rewant Ruia

Director

Corporate Functions

Mr. S. V. Venkatesan Resident Director - Chennai

Mr. J. Mehra Resident Director - New Delhi

Mr. Jayesh Buch Resident Director - Ahmedabad

Mr. Madhu S. Vuppuluri Resident Director - New York

Mr. Suresh Sundaram Director - Corporate Aviation

Mr. Adil Malia President - Human Resources

Mr. Sunil Bajaj President - Corporate Affairs

Mr. Mukesh Bhavnani President - Legal

Mr. Vijay Mehra Chief Information Officer

Mr. Sharad Goel Group Head - Media Relations

Mr. N. S. Paramasivam Group Head - Forex & Treasury

Mr. Dinyar M. Jivaasha Group Head - Corp. Risk & Ins. Mgmt.
Financials

The Essar Group is judiciously invested in the commodity (steel and oil), annuity
(power and shipping, ports & logistics) and services (communication and
construction) sectors. End-to-end integration and synergies across its business has
given Essar the financial strength and flexibility to venture into new business
opportunities and strategic global partnerships. The Group is investing USD 15
billion in the next four years to grow its existing businesses and set up new
ventures.

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Beyond Business

The Essar Group is both a people-driven and people-centric organization. It

understands the value that people deliver in the making of a great company. The
Group’s spirited involvement in community service is inspired by these beliefs.

The Group’s ethos on social responsibility focuses on not just taking care of its own
employees but enabling and enriching the communities around the areas where its
plants are located. In addition, the Group has been at the forefront in rendering aid
and assistance by way of donations as well as relief supplies in times of national
calamities, such as the Tsunami, earthquakes and floods. Essar has made significant
contributions to the Prime Minister’s and Chief Ministers’ relief funds in the past
several years to alleviate suffering and help rehabilitation.

During the trauma of the 2001 earthquake and the drought of 2000 in Gujarat,
Essar responded with providing doctors, critical life saving drugs and drinking water,
apart from long-term rehabilitation programmes. Essar also supplied material and
assistance to Gujarat Electricity Board for recommissioning a number of distribution
stations in Bhuj after the devastating earthquake. At the same time, the Group
helped in the rehabilitation of Surendranagar by building schools and drilling
community bore-wells.

Employee involvement
The underlying objectives of Essar’s activities is to motivate employees to
participate in and contribute to the activities initiated by the Community Relations
Centre, to create self-help groups for village women, to further overall development
of children and women, and to spread awareness about AIDS and de-addiction.

Essar has outlined seven focus areas where employee involvement can make a
difference to the lives of the community:

Education

Self-employment

Training

Infrastructure development

Medical

Health & hygiene

Recreation and welfare

In every quarter, specific tasks have been lined up and are being conducted with a
high success rate, with the involvement of community leaders.

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Overview

Essar Steel products are world-class, meeting the highest international standards.
The company's extensive marketing network and after salesservice ensure high
levels of customer satisfaction.

Hot Rolled Products

Cold Rolled Products

 Galvanized Products

History

The Essar Group was founded in 1969 by brothers Shri Shashi Ruia and Shri Ravi
Ruia.

The Ruia family’s origins are in Rajasthan. Sometime in the 19th century, it moved
to Mumbai and set up its own business. In 1956, Shri Nandkishore Ruia, father to
Shri Shashi and Ravi Ruia, moved to Chennai, capital of the south Indian state of
Tamil Nadu, to begin independent business activities. He mentored his two sons in
the intricacies of business. When Shri Nandkishore Ruia passed away in 1969, the
brothers laid the foundation of the Group.

The Essar Group began its operations with the construction of an outer breakwater
in Chennai port. It quickly moved to capitalise on every emerging business
opportunity, becoming India’s first private company to buy a tanker in 1976. The
Group also invested in a diverse shipping fleet and oil rigs, when the Government of
India opened up the shipping and drilling businesses to private players in the 1980s.

Then, in the 1990s, Essar began its steelmaking business by setting up India’s first
sponge iron plant in Hazira, a coastal town in the western Indian state of Gujarat.
The Group went on to build a pellet plant in Visakhapatnam and eventually a fully
integrated steel plant in Hazira.

Through the 1990s, with the gradual liberalisation of the Indian economy, Essar
seized every opportunity that came its way. It diversified its shipping fleet, started
oil & gas exploration and production, laid the foundation of its oil refinery at
Vadinar, Gujarat, and set up a power plant near the steel complex in Hazira. The
Construction business helped the Group build most of its business assets. Essar also
entered the GSM telephony business, establishing India’s first mobile phone service
in Delhi (branded Essar Cellphone) with Swiss PTT as the joint venture partner.
The 21st century for the Essar Group has been all about consolidating and growing
the businesses, with M&As, new revenue streams and strategic geographical
expansion. History

The Essar Group was founded in 1969 by brothers Shri Shashi Ruia and Shri Ravi
Ruia.

The Ruia family’s origins are in Rajasthan. Sometime in the 19th century, it moved
to Mumbai and set up its own business. In 1956, Shri Nandkishore Ruia, father to
Shri Shashi and Ravi Ruia, moved to Chennai, capital of the south Indian state of
Tamil Nadu, to begin independent business activities. He mentored his two sons in
the intricacies of business. When Shri Nandkishore Ruia passed away in 1969, the
brothers laid the foundation of the Group.

The Essar Group began its operations with the construction of an outer breakwater
in Chennai port. It quickly moved to capitalise on every emerging business
opportunity, becoming India’s first private company to buy a tanker in 1976. The
Group also invested in a diverse shipping fleet and oil rigs, when the Government of
India opened up the shipping and drilling businesses to private players in the 1980s.

Then, in the 1990s, Essar began its steelmaking business by setting up India’s first
sponge iron plant in Hazira, a coastal town in the western Indian state of Gujarat.
The Group went on to build a pellet plant in Visakhapatnam and eventually a fully
integrated steel plant in Hazira.

Through the 1990s, with the gradual liberalisation of the Indian economy, Essar
seized every opportunity that came its way. It diversified its shipping fleet, started
oil & gas exploration and production, laid the foundation of its oil refinery at
Vadinar, Gujarat, and set up a power plant near the steel complex in Hazira. The
Construction business helped the Group build most of its business assets. Essar also
entered the GSM telephony business, establishing India’s first mobile phone service
in Delhi (branded Essar Cellphone) with Swiss PTT as the joint venture partner.

The 21st century for the Essar Group has been all about consolidating and growing
the businesses, with M&As, new revenue streams and strategic geographical
expansion.
Welcome to Essar

People, our most valuable assets

At Essar, we understand that excellent people deserve excellent people practices.

That's why we design our human resource initiatives such that they unlock the full
potential of every employee.

Extensive campus recruitments

We welcome talented college graduates. We are a preferred employer at India's top

engineering and business schools because we offer competitive compensation,
diverse opportunities in terms of business and roles, fast growth and quick
assumption of large responsibilities. For the same reasons, we are able to attract
the best and the brightest talent at all levels.

Focus on building careers

Essar has a high emphasis on performance, and we link both career growth and
rewards directly to merit and achievement. We customise career paths and
retention plans according to the unique needs of an individual. Right from the entry
level, we draw career maps for each employee, outlining possible alternate career
paths, which could include planned job rotations between functions or even group
companies.

Solid performances, solid rewards

Employees with a proven track record of high performance and potential are
identified annually through a fast-track programme evaluated by a top management
panel. These achievers are rewarded with top-of-the-market compensation,
retention bonuses and relevant training inputs.

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From the HR
At the Essar Group, we believe that excellent individuals build excellent companies.
And by transforming each employee into a highly motivated, satisfied and
productive team member, we will create an outstanding organisation. We also
understand that each individual has unique talents and expectations from the
organization. Based on those principles, human resources development at Essar is
customised, flexible and well planned. Every Essar employee is meticulously
selected and given the freedom to be innovative, within a work culture that is non-
bureaucratic and result-oriented. We work with employees to develop personalised
and flexible individual plans for career growth, retention and compensation within a
carefully structured work framework. Through extensive career mapping, we offer a
choice of career paths that could include job rotations across functions and Group
Companies. Essar's wide range of businesses and exciting pace of growth presents a
range of opportunities and exposure that only a few others can match. The Group
has a very serious commitment to continuous training and development. Our Essar
Learning Centre provides year-round training. Thus, a career with Essar will offer
you a unique opportunity to unlock your own potential and realise excellence.

Essar has a very serious commitment to continuous training and development. Our
world-class Essar Learning Centre provides year-round training. We provide
numerous resources for self-assessment and development. Thus, a career with the
Essar group offers a unique opportunity to unlock your own potential and realise
excellence.

Growth at Essar

Campus Programs

The Essar group has a strong emphasis on hiring at the entry level, to create a pool
of talented employees who are developed and groomed to grow with the group. At
the entry level, the group hires mainly through two types of programmes:

Management trainee programme

Graduate trainee programme

Business leadership programme ( Zip file 8.75 MB )

 Essar Learning Centre

Continuous opportunities for development and growth - that’s the firm commitment
that Essar makes to every single employee. The Essar group is one of India’s largest
spenders on continuous training, investing about Rs. 1.4 crore (US$ 3 m) annually.
Essar Learning Centre (ELC) at Hazira, Gujarat has emerged as one of India’s
foremost training facilities, training 2,000-odd people a year through 7,000 man
days of training.

Being a dedicated facility, the ELC allows us to design tailor-made and flexible
programmes, so that training at Essar is always relevant and customised both to
business needs and the needs of the individual. Our programmes cover a wide
range of technical, functional and behavioural training, from materials management
to e-commerce procurement to transformational leadership and communication and
negotiation skills. Our faculty includes the best of experts and practicing managers.
Since we believe in imparting managerial & behavioural training, we also include a
number of non-business modules like corporate etiquette or parenting skills. The
ELC also has extensive resources for self-development such as a business library of
books and audiovisual material. Thus, we support and encourage all Essar
employees to develop themselves to the fullest.

The Executive Leadership Camp (ELC) is a six-day residential programme held at

the Essar Learning Centre at Hazira, Gujarat. This comprehensive programme
transforms junior management employees into effective business executives.

Participants in this holistic programme begin their day with yoga. Throughout the
programme, they learn more about Essar's key values and culture through modules
like quality & customer orientation, Essar leadership values, organizational &
behavioural etiquette, a value meet and a plant visit. They learn how to become
part of the organisation team through modules like self-awareness and interpersonal
relationship, conflict management, group dynamics and team building, leadership &
leadership styles & followership. The programme also builds their personal
management skills by teaching useful skills like assertive skills, time management
and presentation skills. A fun outbound module allows them to reinforce and use
skills like teamwork or strategic thinking through specially designed outdoor games
and activities such as a treasure hunt or rappelling.

The Management Development Programme (MDP) is a six-day residential

programme that aims to prepare middle management executives for newer roles in
a changing environment. The MDP helps make middle managers active and
effective participants in organisational processes like planning, implementation and
decision-making.

After beginning their day with yoga, participants learn how to contribute to
organizational growth and excellence through modules like Essar leadership values,
quality (kaizen), customer satisfaction, striving for excellence, cost reduction and
continuous improvement. They learn how to be effective managers with modules
like the role of a manger in the present scenario, performance management, goal
setting, team building, people development, conflict management and counselling
skills. The programme enhances their personal management skills by teaching
segments like self-awareness, leadership, assertive skills, motivation,
integrity/personal values, negotiation skills and corporate etiquette. A fun two-day
outbound module allows them to reinforce and use skills like teamwork or strategic
thinking through specially designed outdoor games and activities such as a treasure
hunt or rappelling.

Highlights

The group’s firm value is approximately US$ 50 billion (Rs. 200,000 crores).

The Essar group is one of India's largest spenders on continuous training,

investing about Rs. 1.4 crore

(US $3 m) annually

Essar has the world's largest gas-based HBI plant at Hazira, Gujarat

Essar Steel is India's largest exporter of flat steel products

Essar Steel is the largest steel manufacturer on the West Coast of India

Essar Steel has the first Indian steel plant to receive ISO 14001 award for
environment management and ISO 9002 for the entire plant operations

Essar Shipping is the first Indian shipping company to comply with the IMO's
International Safety Management Code

Essar Power is India's first independent power plant and first multi-fuel plant

Essar Power has India's lowest manpower to megawatt ratio

 Essar Power is one of the few recipients of the ‘Sword of Honour' from the
British Safety Council and India's only power plant with the ISRS level-3 safety
rating

‘Vodafone Essar’ is the second largest cellular provider of India. It is a Joint

Venture with UK based Vodafone Group PLC.

Essar Oil is the first private sector company in India to enter into petroleum
retailing in the last 100 years

The oil refinery of Essar Oil at Vadinar will have a capacity of 10.5 MTPA

Essar Constructions is a more than three decade old EPC contractor in India

Essar Constructions is among India's largest companies in its sectorHighlights

The group’s firm value is approximately US$ 50 billion (Rs. 200,000 crores).

The Essar group is one of India's largest spenders on continuous training,

investing about Rs. 1.4 crore

(US $3 m) annually

Essar has the world's largest gas-based HBI plant at Hazira, Gujarat

Essar Steel is India's largest exporter of flat steel products

Essar Steel is the largest steel manufacturer on the West Coast of India

Essar Steel has the first Indian steel plant to receive ISO 14001 award for
environment management and ISO 9002 for the entire plant operations

Essar Shipping is the first Indian shipping company to comply with the IMO's
International Safety Management Code

Essar Power is India's first independent power plant and first multi-fuel plant

Essar Power has India's lowest manpower to megawatt ratio

Essar Power is one of the few recipients of the ‘Sword of Honour' from the
British Safety Council and India's only power plant with the ISRS level-3 safety
rating

‘Vodafone Essar’ is the second largest cellular provider of India. It is a Joint

Venture with UK based Vodafone Group PLC.

Essar Oil is the first private sector company in India to enter into petroleum
retailing in the last 100 years

The oil refinery of Essar Oil at Vadinar will have a capacity of 10.5 MTPA
 Essar Constructions is a more than three decade old EPC contractor in India

Essar Constructions is among India's largest companies in its sector

Society

Community and Social Development

The Essar Group strives to enrich and support the communities in and around its
plants. The Group has transformed Hazira and its neighbouring areas by planting
thousands of trees and laying pipelines that supply over 7 lakh cubic metres of
water per day to the people of Hazira. Self-supporting schemes for women, schools,
roads, and playgrounds and out-reach programmes have established Essar as a
committed corporate citizen of Gujarat.

The Group supports Hazira and surrounding villages through:

Educational

Scholarship Scheme for meritorious students of the community

Motivational rewards for teachers who deliver 100% results in SSC in

individual subjects

Encouragement for graduate and post graduate studies

Recreational programmes for children between the ages of 9 and 12 at Ankur

Bal Kendra, Hazira, once a week

Infrastructure
 Building of Overhead tank for storage of water at Matafalia village

Maintaining water pipelines, community well etc

Electrification of the 7 Km stretch of road from L&T to Mandali Gate

Building and laying of approach road to the village crematorium

Donation of an Ambulance to the Arogya Samiti of Hazira Village

Earthquake relief - Provided heavy equipment, food, clothes and other

essential items, reconstruction of school at Duhrej Nagar Palika School under
Surendranagar district

Provision of 950 m3 / day drinking water to the community

Construction of community lake at Gundadi village

Extending Fire fighting help & training to neighbouring industries

Dwelling units

Socio-Economic

Subsidised medical care at the Essar Hospital at Nand Niketan for the local
population

Subsidised education facilities at Nand Vidya Niketan for children of nearby

communities

Income generation for village women by encouraging them to vocational

work

Working opportunities for qualified youth

Creation of business opportunities for the community in vicinity of Hazira