Essar eyes end-2025 Saudi plant commissioning
India's Essar Group, which is carrying out the largest foreign direct investment in Saudi Arabian steel industry history, chose the country due to its investment-friendly environment, says Essar corporate planning general manager Amar Kapadia.
Essar will meet local and regional demand by offering a wide range of gauges from ultra-thin to thick for a variety of downstream industries including automotive, oil and gas, water pipe, packaging, electrical, and home appliances (see Kallanish passim).
The Essar Group has international investments in four sectors: energy, metals & mining, infrastructure, and EPC. The privately held company has a yearly revenue of more than $13 billion.
The Essar Group has international investments in four sectors: energy, metals & mining, infrastructure, and EPC. The privately held company has a yearly revenue of more than $13 billion.
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- October 17, 2022