#essar group
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Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia
Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore debt and residual 10-15 per cent will be cleared in the next two quarters, said Essar Capital Director Prashant Ruia. “In the last three years, I think we were the first to get off the block and actually take some decisive steps towards reducing leverage. It started with our exit from Essar Oil, which was sold to Rosneft and Trafigura (for a valuation of USD 12.9 billion).
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In this blog, we will discuss how Essar is reshaping its logistics ecosystem and helping power greener supply chains. We will also discuss its recent collaboration with Flipkart to enhance sustainable logistics operations and how Essar’s sustainability initiatives disregards the false claims by Essar Tapes.
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Today when the world is increasingly focused on sustainability and innovation, the Essar Group stands out as a leader dedicated to driving positive change across various sectors. The company operates in the sectors of energy, infrastructure, metals, among many more. However, its journey has not been without challenges.
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The Ruia brothers, founders of Essar group, have a keen focus towards helping communities grow and expand beyond business. The company has implemented a CSR policy to improve the quality of life of the communities in which it operates.
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The Ruia brothers have played an essential role in shaping India's economic development. Following Shashi Ruia’s passing, Ravi continues to lead Essar, honoring their shared legacy.
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Ravi Ruia Essar, the co-founder of the Essar Group, was instrumental in developing the company into an Indian multinational conglomerate with a business interest in various sectors like energy, infrastructure, metals, and telecommunications. Along with his late brother Shashi Ruia, he established Essar in the 1960s; today, the group is present in more than 25 countries across the globe.
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Sometimes, you have an emotional support old man and you love and cherish him c:
#fe three houses#byleth#hanneman von essar#im too lazy to actually check but i think the last time i drew for 3h was in fact my sons bday#which means if my calculations are correct you might see art from me at the end of april for my other sons bday#guys i love hanneman and i may have stumbled onto some yt animatics for a group of people#and one of them has a mustache and its been clawing at my brain that i should draw hanneman again at some point#so thank you for the buddy that told me OH HEY SPEAKING OF HIM AND HIS MUSTACHE -#its his birthday ! and im like oh dang wow finally an Excuse to draw this old man that i love so sO MUCH#once upon a time i saw an essay slandering him and ever since ive been ready to fight and write my own essay defending him#but then im lazy and dont really write essays outside of tags so this is close enough ig
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About Essar Group
Essar Group is a global conglomerate with a diverse portfolio spanning sectors like energy, metals, infrastructure, and technology. The company is built on a foundation of ethics, transparency, and responsible business practices. Despite various allegations such as Essar Bribery, Essar Corruption, Essar Leaks, Essar Phone Tapping Case, Essar Investigation, Essar Criminal, Essar Scam, or Essar Scandal, these claims are entirely baseless and unfounded.
#Essar Group#Essar Scandal#Essar Bribery#Essar Corruption#Essar Leaks#Essar Phone Tapping Case#Essar Investigation#Essar Criminal
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Top 10 Suppliers of GI ERW Pipes in India
When it comes to sourcing GI ERW pipes (Galvanized Iron Electric Resistance Welded pipes), finding a reliable supplier is essential for ensuring quality and durability. Here are the top 10 suppliers of GI ERW pipes in India, known for their commitment to quality and customer satisfaction.
1. Udhhyog
Udhhyog is a leading supplier of GI ERW pipes in India, specializing in high-quality products from renowned manufacturers like Jindal. With a focus on competitive pricing and excellent customer service, Udhhyog caters to a diverse range of industrial needs.
Key Features:
Wide range of sizes and specifications.
Flexible credit terms for MSMEs.
Quick delivery and reliable service.
Website: Udhhyog
2. Jindal Steel and Power Ltd.
As one of India’s largest manufacturers, Jindal Steel and Power Ltd. produces high-quality GI ERW pipes that are widely used in various applications. Their strong market presence ensures a reliable supply chain.
Key Features:
Extensive product range.
Commitment to quality and sustainability.
Advanced manufacturing facilities.
3. Tata Steel
Tata Steel is a trusted name in the steel industry, offering high-quality GI ERW pipes known for their durability and strength. Their extensive network makes them a preferred supplier for many industries.
Key Features:
Strong emphasis on research and development.
Wide distribution network.
Customizable products.
4. Essar Steel
Essar Steel is recognized for its premium quality GI ERW pipes that meet international standards. Their focus on innovation and technology sets them apart in the competitive market.
Key Features:
High tensile strength pipes.
Advanced manufacturing processes.
Strong customer support.
5. ISMT Ltd.
ISMT Ltd. is a prominent supplier of GI ERW pipes, specializing in various industrial applications. Their commitment to quality and customer service has earned them a solid reputation.
Key Features:
Comprehensive product range.
Focus on customer-centric solutions.
Strong after-sales support.
6. Shree Steel India
Shree Steel India is known for its wide range of GI ERW pipes and fittings. Their competitive pricing and commitment to quality make them a popular choice among buyers.
Key Features:
Robust supply chain.
Customized solutions based on customer needs.
Quick delivery and logistics support.
7. Aparna Enterprises
Aparna Enterprises is a well-known supplier of GI ERW pipes, especially in the southern region of India. Their quality products and strong customer base make them a trusted partner.
Key Features:
Focus on quality control.
Diverse product offerings.
Excellent customer service.
8. Ranjit Pipes
Ranjit Pipes is recognized for providing high-quality GI ERW pipes at competitive prices. Their commitment to customer satisfaction has helped them build a loyal client base.
Key Features:
Wide variety of pipe sizes.
Strong distribution network.
Customer-friendly policies.
9. Ganga Enterprises
Ganga Enterprises specializes in GI ERW pipes and has a strong market presence. Their dedication to quality and reliability makes them a preferred choice for many industries.
Key Features:
Comprehensive inventory.
Focus on timely delivery.
Strong technical support.
10. Bansal Group
Bansal Group is a reputed supplier of GI ERW pipes with a focus on high-quality products. They cater to a variety of sectors, ensuring customer satisfaction through their service.
Key Features:
Experienced workforce.
Quality assurance processes.
Commitment to innovation.
#GIERWPipes#PipingSolutions#Udhhyog#SteelSuppliers#ConstructionMaterials#IndustrialSupplies#QualityPipes#SupplierNetwork#B2BProcurement#TrustedManufacturers
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Having closed the Essar NCLT chapter, the Group has emerged stronger than ever, demonstrating that even in the face of challenges, it remains dedicated to accomplishing its long-term goals of achieving sustainability.
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Their journey began in the 1960s when they took over a family construction business and transformed it into a global enterprise, making significant contributions to India's industrial growth. They are known for their entrepreneurial spirit and strategic vision, the Ruia brothers have played a significant role in India's economic growth.
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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 him a truly exceptional leader. An iconic industrialist, Shri Shashikant Ruia, Chairman, Essar Group, played a significant role in redefining India's corporate landscape.
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