• Established in 1926, Essel Group pioneered the Indian business landscape with a presence across packaging, amusement park, home-entertainment, news, content-distribution, infrastructure, real estate, education, technology, lifestyle and more
  • The Group marks a glorious moment in history, having contributed to the Nation by generating employment opportunities for over 10 million people

Mumbai: Multi-faceted Indian business conglomerate Essel Group has marked a historic milestone in its journey, as it completes 100 glorious years of delivering value across the globe. From a humble beginning in 1926 in a small-town named Adampur, to a multi-faceted conglomerate with a diverse presence across a gamut of businesses, Essel Group has created a lasting impression across the world.

Since 1967, Essel Group has reinvented itself by achieving the paradigm shift from a traditional business to a global conglomerate with a Start-Up culture. The traditional commodity trading business of the Group was pivoted to Army supplies & cross border trade. Subsequently, most of the Group’s businesses have been of pioneering nature, with many industry firsts to its credit. Nurturing its start-up mindset and keeping a sharp focus on profitability, the Group has never shied away from closing certain businesses, which did not rise to the desired value-delivery levels.

Started by Late Ram Gopal Ji, and expanded by his son Shri Jagannath Ji Goenka, supported by Shri Nand Kishore Ji and later, successfully spearheaded by the visionary Dr. Subhash Chandra and his brothers – Laxmi Narain, Jawahar and Ashok Goel, Essel Group is amongst the few Indian business conglomerates which is successfully passing on its rich legacy to the sixth generation, while the fourth and fifth generations are still active.

Over the last century, the group diversified into multiple business sectors including packaging, home entertainment, amusement park, news, content distribution, infrastructure, real estate, education, technology, lifestyle and more, positively impacting the lives of billions of people across 190+ countries. The Group has not only contributed towards the establishment of the Indian business landscape in the pre-liberalization era, but it has also strengthened the economic development of our Nation by significantly enhancing its hard power and soft power. Through its pioneering initiatives, that have set up not just companies, but entire industries in itself, Essel Group has created an ‘Impression of a Century’, generating employment opportunities for over 10 million people across the Nation.

Commemorating the special occasion, Dr. Subhash Chandra said, “Essel Group’s journey has been one of persistence, resilience, innovation and growth. Our belief that progress must create value for the society and Nation at large has guided the pioneering steps undertaken by the Group across every business dimension. Me and my brothers are extremely proud to mark this momentous milestone of 100 years that has been built by generations of vision and courage to venture into the unknown and truly leave an imprint of a century across every industry. Essel Group’s journey has evolved alongside our Nation, and I am proud to note that together, we have unlocked economic value and enabled social transformation to drive national progress.”

Marking the momentous milestone, Dr. Chandra addressed over 10,000 Essel Group employees across the globe during a special townhall, conducted today. In an engaging dialogue, Dr. Chandra reflected on the Group’s historic journey and recognized the valuable role played by its employees in carrying forward the rich legacy and building robust business. In his address, Dr. Chandra touched upon the contributions made by the Group in generating wide-spread positive impact across the world through its offerings. He also narrated the heart-touching and inspiring stories shared by employees who have been a part of the Group’s journey for decades. Dr. Chandra reiterated that as India’s first start-up, Essel Group continues to innovate and take bold steps for the future, further urging employees to nurture the entrepreneurial spirit as the creators for the next century.

Over the last 100 years, the contributions of the Group have left an indelible impact on India’s economic and social landscape.