Essar Projects target Rs 50,000 cr in five years

To achieve its targeted re­venue of over Rs 50,000 crore in five years, Essar Projects is relying mainly on the expansion of its domestic steel cap­acity and  related areas. The company registered around Rs 11,000 crore as turnover last year. Further, the minerals and metals busi­ness unit contributed Rs 2,900 crore, which is likely to cross Rs 10,000 crore in the five years, if Essar Projects' tur­nover exceeds Rs 50,000 crore.  Contact: Essar Projects. Tel: 022-6733 5000.  Fax: 022-6708 2183. Website: www.essar.com