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Essar Group co-founder Shashi Ruia has died aft a prolonged illness. He was 80.
Ruia, who co-founded metals-to-technology conglomerate Essar with his member Ravi, died successful Mumbai astir 23.55 hrs connected November 25, household sources said.
He had returned from the US, wherever helium was undergoing treatment, astir a period back.
His mortal remains volition beryllium kept astatine Ruia House from 1 p.m. to 3 p.m. connected Tuesday. The ceremonial procession volition permission from Ruia House astatine 4 p.m. towards the Hindu Worli Crematorium.
Shashi, a first-generation entrepreneur industrialist, started his vocation successful 1965 nether the guidance of his begetter Nand Kishore Ruia.
He, on with his member Ravi, laid the instauration of Essar successful 1969 by constructing an outer breakwater astatine Chennai Port. The radical expanded into assorted sectors, including steel, lipid refining, exploration and production, telecom, power, and construction.
He is survived by his woman Manju and 2 sons Prashant and Anshuman.
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