Essar Capital's Prashant Ruia on Energy Transition, Digital Scale at Rising Bharat Summit

• Prashant Ruia of Essar Capital shared insights on India's growth, energy transition, and digital infrastructure at News18 Rising Bharat Summit 2026.
• Essar Group's five-decade journey highlights adaptability to economic cycles, with current global trends aligning with its strengths in energy and infrastructure.
• Ruia emphasized balancing conventional energy demand with future-focused investments in cleaner energy, citing Essar's hydrogen project in the UK and biofuel expansion in India.
• Essar is exploring large-scale data center investments in the UK and Indian hubs like Mumbai and Delhi, driven by AI and cloud computing demand.
• Family-led businesses, with their long-term vision and adaptability, are crucial for sustained growth, balancing legacy values with innovation for future success.

Key Questions Answered

What new opportunities arise from strengthening domestic supply chains?

Strengthening domestic supply chains creates opportunities for increased local production, market share for domestic firms, and enhanced export credibility.

Will family businesses continue to drive India's growth?

Family businesses are expected to continue driving India's growth. Their long-term vision, adaptability, and governance are key.