Essar Hypermart is a steel retail chain headquartered at

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

, India. It has a steel retailing network of 520 outlets. Essar Hypermart is a part of the multinational conglomerate, the

Essar Group Essar Group is an Indian Multinational company, multinational Conglomerate (company), conglomerate company, founded by Shashi and Ravi Ruia, Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a vari ...

History

The company was an initiative of Essar Steel, a 14 MTPA steel producer and one of India's largest; to bring steel directly to SMEs and end-users. With its origins in India, Essar Steel sought to eliminate the role of intermediaries in the steel-buying process. The first Essar Hypermart opened in

Gandhidham Gandhidham, initially known as Sardarganj, located in the eastern part of Kutch district, in the state of Gujarat. It is the largest and most populous city in (Kachchh) Kutch District, Gujarat, India. It was created in the early 1950s for the res ...

, Gujarat in 2006. Since then, its network has grown to include smaller franchisees and the 100th Essar Hypermart opened in

Ranchi Ranchi (; ) is the capital city and also the largest district by population of the Indian state of Jharkhand. Ranchi was the centre of the Jharkhand movement, which called for a separate state for the tribal regions of South Bihar, northern ...

in 2010. For the financial year 2009/2010, the company reported revenue of .

About Essar Hypermart

Essar Hypermart is a store for all steel products. It houses under a variety of steel products that cater to a variety of industry segments. Essar Hypermart is also supported by the Essar Steel processing and distribution facilities.

Products and services

The Essar Hypermart portfolio includes cold-rolled steel, hot-rolled steel, galvanised plain, galvanised corrugated sheets, chequered plates, shot-blasted plates, heavy plates, colour-coated steel and TMT bars.

Essar Group

Essar Hypermart is a part of the Essar Group – a multinational conglomerate in the sectors of Steel, Oil & Gas, Power, Communications, Shipping Ports & Logistics, Construction, and Mining & Minerals. With operations in more than 20 countries across five continents, the Group employs 65,000 people, with revenues of US$15 billion.

References

{{Essar Group Retail companies of India Retail companies established in 2006 Companies based in Mumbai Essar Group Indian companies established in 2006 2006 establishments in Maharashtra