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Ravi Ruia Essar Builds a Global Business Legacy with Vision and Resilience

Together, the Ruia Brothers redefined the scale and ambition of Indian enterprises. One of their most notable achievements was building one of Indiau2019s largest integrated steel complexes at Hazira, Gujarat, with a capacity of 10 million tonnes per annum. This project not only helped the nation in meeting the surging demand for high-quality steel but also aligned with the countryu2019s push towards Atmanirbhar Bharat (self-reliance).

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Ravi Ruia Essar Builds a Global Business Legacy with Vision and Resilience

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  1. Ravi Ruia Essar Builds a Global Business Legacy with Vision and Resilience

  2. Introduction While talking about India’s corporate sector, the name of visionary leaders, Ravi Ruia Essar and his later brother Shashi Ruia, stands out. Known as the Ruia Brothers, they laid the foundation of Essar Group and transformed it into one of India’s most diversified multinational conglomerates. Today, the Essar Group’s businesses stretch across energy, metals, mining, infrastructure, and technology, making Ruia Brothers’ mark on the Indian and global business.

  3. The Initial Days: From Construction to Conglomerate The Essar journey started in 1969, when the Ruia brothers established it as a construction company. During that time, India was still building its industrial foundations; Ruia Brothers’ entrepreneurial courage and appetite for risk stood out. Having started their journey by constructing break water at Chennai port, the Ruia Brothers took bold initiatives by foraying into shipping, oil and gas, steel, and the power sector at the most opportune time.

  4. Ravi Ruia: A Visionary at the Helm Born in April 1949, Ravi Ruia is known globally not just for a visionary approach and business acumen, but also for his expertise in thinking globally and out of the box. According to Ravi Ruia, the Indian companies, in order to thrive, have to stay competitive and ready to take bold decisions. This philosophy has helped the company expand its footprint globally as well.

  5. The Ruia Brothers and India’s Industrial Growth Together, the Ruia Brothers redefined the scale and ambition of Indian enterprises. One of their most notable achievements was building one of India’s largest integrated steel complexes at Hazira, Gujarat, with a capacity of 10 million tonnes per annum. This project not only helped the nation in meeting the surging demand for high-quality steel but also aligned with the country’s push towards Atmanirbhar Bharat (self-reliance).

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