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Diversified multinational conglomerate
Enso Group
Company type Diversified Industry
Conglomerate Founded 2005; 19 years ago (2005 ) Area served
Worldwide Key people
Vinay Maloo (Chairman)
Vaibhav Maloo (Managing Director) Products Energy, Mining, Technology, Infrastructure, Healthcare, Solar
[1] Website
ensogroup .com
Enso Care Radiology Facility
Enso Group is a
multinational diversified
conglomerate .
[2]
[3]
[4]
[5] The group was founded in 2005 by Chairman Vinay Maloo.
[6]
[7] It was started with a cluster of oil and gas
exploration and production companies in
Jordan ,
Nigeria ,
Georgia ,
Australia and
India .
[8] The group has consultancy arms in the
UK and
Singapore with operational offices globally.
[9]
[10] Most of the group companies are privately held.
[11] Vaibhav Maloo holds the position of managing director of the group.
[12] Enso Oils & Lubricants is the Indian partner for
Gazprom Neft engine oils.
[13] Enso Global Trading is a trading house based out of Dubai.
[14]
Natural resources
Potash mining
The group has
expanded horizontally into a potash mining project in
Saskatchewan ,
Canada , an area which has one of the highest reserves of
potash in the world.
[15]
[16]
Energy
Enso Group has stake in a major gas block in
Siberia , near
Irkutsk .
[17] The group sold its stake in Ensearch Petroleum, which had its holdings in 14 oil and gas blocks to
Sahara India Pariwar in 2011.
[18]
[19]
Healthcare
Enso Healthcare LLP is acting as an aggregator for manufacturing of
Sputnik V and
Sputnik Light vaccines in India,
[20]
[21] for Russian sovereign fund
RDIF .
[22]
[23]
[24]
Infrastructure
The 12.1 km Gurgaon metro rail, called
Rapid Metro Gurgaon , was created in JV with Enso Group and a consortium of
DLF and
IL&FS . The group exited the project, however, soon after operations began. The joint venture SPV was called ITNL Enso Rail Systems Ltd. The metro runs today and has 11 hauls.
[25]
[26]
See also
References
^
"Archived copy" . Archived from
the original on 14 July 2014. Retrieved 18 June 2014 . {{
cite web }}
: CS1 maint: archived copy as title (
link )
^
https://ehealth.eletsonline.com/2013/06/ensocare-and-wipro-ge-healthcare-enter-into-a-public-private-partnership-with-government-of-maharashtra-to-upgrade-district-hospitals/
^
https://www.arabianbusiness.com/south-asia/440565-consortium-of-indias-enso-group-russian-fund-emerges-as-new-suitor-for-jet-airways
^ Seema Singh (16 September 2013).
"Medtech Giants Philips and GE Fight Over India" . Forbes India Magazine. Retrieved 19 May 2014 .
^ Our Bureau (17 May 2013).
"GE, Maharashtra tie up for diagnostic facilities at 22 hospitals" . The Hindu Business Line. Retrieved 19 May 2014 .
^ Rajesh Unnikrishnan (8 December 2008).
"Maloo's back with oil, core focus" . Economic Times. Retrieved 19 May 2014 .
^
"Medtech Giants Philips And GE Fight Over India" . Forbes India .
^
"GE Technology powers Govt of Maharashtra's PPP initiative in Healthcare" . India Infoline News. 17 May 2013. Retrieved 19 May 2014 .
^ Jagwani, Lohit (14 November 2013).
"Enso Group, Omada Capital partner to launch a $600M fund in South Asia" . VCCircle . Retrieved 14 April 2021 .
^
"India's Enso Group to take up projects in Russia's Far East" . www.rbth.com . 8 June 2015.
^
"Maharashtra govt gets R150-cr boost from Ensocare" . Financial Express. 16 May 2013. Retrieved 19 May 2014 .
^
https://www.entrepreneur.com/en-in/leadership/heres-how-this-leader-helps-his-team-to-stay-motivated-and/414364
^
"Gazpromneft-Lubricants, Enso Global Trading expand partnership to supply lubricants in India" . 11 September 2023.
^
"Enso Group expands its portfolio with entry into commodity trading" . gulfnews.com . 27 March 2023.
^
"Vinay Maloo Enso Chairman and Former RCF Chairman R.G. Rajan Join the Board of Encanto Potash Corp" . Newswire Canada . 21 December 2017.
^
"Encanto could export 3.4 million tpy" . World Fertilizer . 14 June 2017.
^ Gazeta, Rossiyskaya (8 June 2015).
"India's Enso Group to take up projects in Russia's Far East" . Russia Beyond .
^ Bhaskar, Utpal (4 October 2011).
"Sahara enters oil and gas sector with EnSearch buy" . mint .
^
"Sahara Group Buys EnSearch Petroleum" . Dow Jones Newswires. 4 October 2011 – via www.wsj.com.
^
"Wockhardt, Enso Health join hands for Sputnik jabs" . The Economic Times . Retrieved 29 January 2022 .
^
"Wockhardt partners with Enso Healthcare to manufacture 620 million doses of Sputnik vaccines" . cnbctv18.com . 20 August 2021. Retrieved 29 January 2022 .
^
"Strides' biopharma arm partners RDIF to supply COVID-19 vaccine" . 19 March 2021 – via Business Standard.
^ Staff Writer (19 March 2021).
"COVID-19 vaccine: Strides Pharma to produce 200 million doses of Sputnik V" . mint .
^
"Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News" . The Economic Times .
^
"IL&FS Transport JV achieves fin closure for Gurgaon metro" – via The Economic Times.
^
"First set of Rapid Metro Rail coaches arrive in Gurgaon from China" . India Today . 13 September 2012.
External links
Wikimedia Commons has media related to
Enso Group .