Enso Group
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Enso Group is a multinational diversified conglomerate that has global operations across a wide range of industries, and is valued at over $6 Billion. The group was founded in 2005 by Chairman Vinay Maloo. It was started with a cluster of oil & gas E&P companies in
Jordan Jordan ( ar, الأردن; tr. ' ), officially the Hashemite Kingdom of Jordan,; tr. ' is a country in Western Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan Rive ...
,
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
,
Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...
,
Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
and
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. The group has consultancy arm(s) in UK and
Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...
with operational offices globally. They have business interests and investments worldwide, across a list of countries. Most of the group companies are privately held. Vaibhav Maloo holds the position of managing director of the group.


Enso Foundation

Enso Foundation is set up with a mission to uplift underprivileged sections of society, work on animal welfare, nature preservation, education and healthcare. The Group has contributed to NGO's working towards underprivileged children education and healthcare in India and around the world. Enso Foundation is associated with Tour De India since 2013.


Natural resources


Potash mining

The group has expanded horizontally with purchasing controlling stake in operations of a potash mining project in
Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t ...
province of
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
, an area which has one of the highest reserves of
potash Potash () includes various mined and manufactured salts that contain potassium in water-soluble form.
in the world. Potash is an ore that leads to products used in agriculture.


Energy

Enso Group has stake in a major gas block in
Siberian Siberia ( ; rus, Сибирь, r=Sibir', p=sʲɪˈbʲirʲ, a=Ru-Сибирь.ogg) is an extensive region, geographical region, constituting all of North Asia, from the Ural Mountains in the west to the Pacific Ocean in the east. It has been a ...
region of
Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
, near
Irkutsk Irkutsk ( ; rus, Иркутск, p=ɪrˈkutsk; Buryat language, Buryat and mn, Эрхүү, ''Erhüü'', ) is the largest city and administrative center of Irkutsk Oblast, Russia. With a population of 617,473 as of the 2010 Census, Irkutsk is ...
. The group sold its stake in Ensearch Petroleum, which had its holdings in 14 oil and gas blocks to
Sahara India Pariwar Sahara India Pariwar (''pariwar'' being Hindi for "family") is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India. The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, ma ...
in 2011.


Healthcare

A PPP initiative of Enso Healthcare LLP, and
Enso Care Enso Group is a multinational diversified conglomerate that has global operations across a wide range of industries, and is valued at over $6 Billion. The group was founded in 2005 by Chairman Vinay Maloo. It was started with a cluster of o ...
, was launched with GE-
Wipro Wipro Limited (formerly, Western India Palm Refined Oils Limited) is an Indian multinational corporation that provides information technology, consulting and business process services. Thierry Delaporte is serving as CEO and managing director ...
and
Government of Maharashtra The Government of Maharashtra is the state governing authority for the state of Maharashtra, India. It is a democratically elected government with 288 MLAs elected to the Vidhan Sabha for a five-year term. Maharashtra has a Maharashtra Legisla ...
& another one in
Punjab Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising ...
with
Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters i ...
but the group exited before rollout and curbed its healthcare expansion plans. Enso Healthcare would have provided diagnostic healthcare services to 140 million people in the Indian states of
Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...
and
Punjab Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising ...
under Public Private Partnership(PPP) model if they had gone ahead with the rollout. Enso Healthcare LLP is acting as an aggregator for manufacturing of
Sputnik V Sputnik V (russian: Спутник V, the brand name from RDIF) or Gam-COVID-Vac (russian: Гам-КОВИД-Вак, the name under which it is legally registered and produced) is an adenovirus viral vector vaccine for COVID-19 developed by t ...
and
Sputnik Light Sputnik Light (russian: Спутник Лайт, Sputnik Layt or Lajt) is a single dose COVID-19 vaccine developed by the Gamaleya Research Institute of Epidemiology and Microbiology. It consists of the first dose of the Sputnik V vaccine, wh ...
vaccines in India, for Russian sovereign fund
RDIF The Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the w ...
.


Solar

The group is into solar products assembly and has executed many turnkey products in India.


Infrastructure

The 12.1 km Gurgaon metro rail, called
Rapid Metro Gurgaon Rapid Metro Gurgaon is a light metro system serving the city of Gurgaon, Haryana, India. Rapid Metro connects the commercial areas of Gurgaon, and acts as a feeder link to the Delhi Metro with an interchange with its Yellow Line at Sikanderp ...
, was created in JV with Enso Group and a consortium of DLF and
IL&FS Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company. It was created by public sector banks and insurance companies. It operates through more than 250 subsidiaries i ...
. 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.


External links


Official website


See also

*Vinay Maloo * Tour de India


References

{{Commons category, position=left, Enso Group Conglomerate companies of India Indian companies established in 2005 Conglomerate companies established in 2005 Companies based in Mumbai 2005 establishments in Maharashtra