News18 Rising Bharat Summit 2026: Energy Transition, Digital Scale And The Power Of Legacy Businesses

Last Updated:April 06, 2026, 14:29 IST

The discussion underscored the continued relevance of family-led businesses.

Rising Bharat Summit 2026: India’s growth story is increasingly being shaped by the intersection of energy transformation, digital infrastructure, and resilient business models. At the News18 Rising Bharat Summit 2026 in New Delhi, Prashant Ruia, Director, Essar Capital, shared insights on navigating global shifts while building for long-term scale across sectors.

Reflecting on Essar Group’s journey, Mr Ruia highlighted that the company’s evolution over five decades has been defined by its ability to adapt to changing economic cycles. Founded in 1969, the group has witnessed both expansion and setbacks, but it emphasised that the current global environment aligns strongly with its core strengths in energy, infrastructure, and resource-driven industries.

Addressing the global energy landscape, he observed that while the push towards cleaner energy has accelerated, demand for conventional sources such as oil, gas, and power continues to remain strong. This dual dynamic, he suggested, requires companies to balance legacy operations with future-focused investments.

“The transition is happening, but the world still needs reliable conventional energy alongside new solutions," he noted. Building on this, he outlined Essar’s multi-pronged approach to energy transition, including investments in emerging technologies such as a large-scale hydrogen project in the United Kingdom to support cleaner fuel adoption, alongside expanding biofuel capabilities in India with a focus on sustainable aviation fuel.

He also highlighted the rapid rise of digital infrastructure as a key opportunity, driven by demand from artificial intelligence and cloud computing, with Essar exploring large-scale data centre investments across the United Kingdom and Indian hubs like Mumbai and Delhi.

Further addressing the global business environment, Mr Ruia noted that while geopolitical complexities and shifting trade dynamics have created uncertainty, they are also pushing countries to strengthen domestic manufacturing and supply chains, potentially creating new opportunities for Indian enterprises.

The discussion underscored the continued relevance of family-led businesses, highlighting that their long-term vision, adaptability, and strong governance remain key to sustaining growth. Looking ahead, their future will depend on engaging younger generations and balancing legacy values with innovation-driven strategies.

At News18 Rising Bharat Summit 2026, the session highlighted a key theme: as industries undergo structural transformation, companies, especially family-led businesses balancing legacy and innovation that integrate traditional strengths with future-focused investments in energy and digital infrastructure may be better positioned to navigate the next phase of growth.

To know more, visit: https://www.news18features.com/risingbharatsummit/ 

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