Shashi Ruia, the esteemed Chairperson and Co-Founder of the Essar Group, passed away on November 25, 2024, at the age of 81. Renowned for his visionary leadership, Ruia, alongside his brother Ravi Ruia, transformed the Essar Group into a global business powerhouse spanning sectors like energy, steel, and infrastructure.
The Essar Group announced his passing on X.com, expressing their grief: “It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. With an unwavering commitment to community upliftment and philanthropy, he touched millions of lives, leaving an enduring impact. His humility, warmth, and ability to connect with everyone he met made him a truly exceptional leader.”
Shashi Ruia’s legacy is defined by his dedication to innovation, philanthropy, and the betterment of communities. His passing marks the end of an era for the Essar Group and the global business community.
