| Overview | Shashi Ruia emerged as a prominent businessman in India, co-founding the Essar Group with his brother Ravi Ruia in 1969. He spearheaded the company’s ventures into various sectors including power, telecommunications, and steel. |
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| Achievements | - Honored as Businessman of the Year by Business India in 2010.
- In 2012, he was featured on Forbes' list of 'World’s Richest Indians' with a net worth of USD 7 billion.
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| Notable Contributions | - Essar was India’s first Independent Power Producer (IPP) in 1991, establishing significant power plants across the country.
- Pioneered mobile phone services in India post-liberalization, expanding Essar's footprint in the telecom sector.
- Under his direction, Essar became a hub for attracting major international investments, totaling over $40 billion.
- Led Essar Group's expansion into global markets with operations in over 20 countries across five continents.
- Oversaw major deals including the sale of Essar Oil to Rosneft and partners for $12.9 billion in 2017, marking India's largest FDI.
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