The Essar Group, established in 1969 by brothers Shashi and Ravi Ruia, has grown from a single infrastructure project into a major industrial conglomerate. Over the past several decades, the group has diversified its interests across various sectors, including energy, infrastructure, and metals. According to recent reports, the group currently maintains an asset base valued at approximately Rs 80,000 crore.

In a significant shift toward international expansion, the Ruia brothers have committed to an $18 billion investment plan centered in the United States. This move represents a major strategic pivot for the group, which has historically focused its operations within India. While the brothers remain the public faces of the organization, the scale of this U.S. investment marks a new chapter in the company's long-standing history of infrastructure development. The transition from a domestic infrastructure firm to a global player with an $18 billion footprint highlights the group's ongoing efforts to scale its operations in the energy and industrial sectors.