 | |
| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 21 May 1926 |
| Founder | Jagannath Goenka |
| Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people | Subhash Chandra (Chairman) |
| Products | |
| Revenue |  ₹ 16,800 crore (US$2.4 billion) (2023) |
| ₹ -158 crore (US$ -19 million) (2023) | |
Number of employees | 10,000+ (2021) |
| Subsidiaries |
|
| Website | www |
Essel Group, (also known as Zee Group) is an Indian multinational conglomerate holding company and corporate promoter headquartered in Mumbai, Maharashtra, India.[2] The company has had business interests in mass media, infrastructure and packaging. It operates the subsidiary of Zee Media Corporation.[3][4][5]
Founded in 1926 as the Messrs Ramgopal Indraprasad by Jagannath Goenka, the company was expanded and converted into the Essel Group of Industries by his grandson, Subhash Chandra.[6] Chandra is part of the Goenka (Goel) family which owns and operates the group; he was also the chairman of the company and a former member of the Rajya Sabha.[7]
Experiencing financial troubles in 2019,[8][9] Essel sold off several of its assets, including Essel Propack and stakes of Zee Entertainment Enterprises.[8][9]
- ^ "Esselgroup - Essel Group Profile". www.esselgroup.com. Archived from the original on 19 February 2023. Retrieved 13 December 2020.
- ^ Sapam, Bidya (2 February 2020). "Tarun Katial | On the binge". Livemint.
- ^ "Sangh backs Zee in its fight for survival (IANS Exclusive)". Outlook India. 6 February 2019.
- ^ Chaki, Deborshi (9 January 2019). "Essel Group in talks to raise $400 million to refinance debt". Livemint.
- ^ Pratap, Rashmi (21 April 2019). "India Inc's Crown Jewels At Risk- Business News". Business Today (India).
- ^ "From 'Okara Dukaan' to Zee… the complete story". MxMIndia. 1 October 2012.
- ^ "Subhash Chandra and family". Media Ownership Monitor. Reporters Without Borders.
- ^ a b Cite error: The named reference
:10was invoked but never defined (see the help page). - ^ a b "Sudhanshu Vats Appointed CEO And MD At Essel Propack". BW Businessworld. 15 April 2020.