Prashant Ruia

Prashant Ruia is Director of Essar Capital, the investment manager of the Essar Global Fund Limited (EGFL). Mr Ruia is a second-generation entrepreneur who has carried forward the legacy of Mr Shashi Ruia and Mr Ravi Ruia, the founders of Essar Group. Starting out in the family business at a very early age, Mr Ruia went on to help build a substantial multi-sector investment programme in the core sectors of the Indian economy. EGFL is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Infrastructure, Metals & Minerals, Services and Technology. EGFL invests with a sense of active ownership, which involves direct engagement with the management of the respective businesses. The portfolio companies have aggregate revenues of about USD 14 billion and employ over 7,000 people. A firm believer in domestic consumption-driven growth and the India story, Mr Ruia is a keen follower of global technology trends.