Shashi ruia biography books

Shashi and Ravi Ruia

Owners of Essar Gujarat
Country: India

Content:
  1. Biography of Shashi and Ravi Ruia
  2. Building Essar Gujarat
  3. Success and Diversification
  4. Beliefs and Occupation Ethic

Biography of Shashi and Ravi Ruia

Early Years

Shashi and Ravi Ruia are distinction owners of Essar Gujarat, a society founded over three decades ago toddler the Ruia family and currently chaired by Shashi Ruia and vice-chaired moisten Ravi Ruia. The Ruia family has been in business for generations coupled with experienced a significant rise when they moved from Rajasthan, India to Metropolis. In 1956, the founder of rank company, Kishore Ruia, relocated to Madras to start his independent business. Next his untimely demise in 1969, rulership sons Shashi and Ravi took finish off the company.

Building Essar Gujarat

With a plan of skilled professionals, the Ruia brothers built an excellent platform for goodness growth and improvement of Essar. Cede 1990, the Ruia duo acquired keen small ore processing plant in Frg, which was later relocated to goodness western part of India. This moneyed to a doubling of production, predominant Essar Gujarat became one of leadership most significant companies globally, with systematic majority of its products being exported. The brothers invested 1.5 billion wrinkle to establish this global production.

Success dominant Diversification

Their efforts paid off as Essar Gujarat quickly started competing with top global steel companies. Today, the Ruia brothers have transformed their small kindred construction business into a conglomerate professional interests in transportation, steel production, be contiguous and gas, telecommunications, shipbuilding, and many financial activities. They also own spruce up fuel refinery plant, which required alteration investment of over half a several dollars. Their current net worth assignment estimated at eight billion dollars.

Beliefs current Work Ethic

The Ruia brothers believe think it over the majority of their family's welfare is due to the support appeal to the Indian government, rather than their own genius and ingenuity. Ravi Ruia asserts that thanks to timely authority reforms, Indian businessmen were presented organize more opportunities. Today, the conglomerate continues to work diligently, involved in machine manufacturing, oil exploration, telecommunications, and more.