Jaiprakash Gaur

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Jaiprakash Gaur
Born (1931-01-01) January 1, 1931 (age 93)
Education Indian Institute Of Technology Roorkee (1950)
RelativesManoj Gaur, Rita Dixit, Sameer Gaur
Website jalindia.com

Jaiprakash Gaur (born c.1930) is an Indian entrepreneur. He founded and, until his retirement in 2010, was the chairman of Jaypee Group, a conglomerate with a heavy emphasis on engineering and construction (particularly for infrastructure and power projects), cement, and hydropower production. In 2012 he was ranked by Forbes magazine as the 70th-richest person in India, with an estimated net worth of US$855 million. [1] Gaur has been associated with the construction industry for more than five decades. [2]

Contents

Early life

Gaur was born in a Gaur Brahmin [3] family of the village Chitta near Bulandshahr in present Uttar Pradesh. [4] His father was an agricultural inspector in the British government and worked as a serviceman in Beej Godam, Pakki Sarai at Anupshahr. He completed his secondary education at LDAV Inter college Anupshahr. After graduating as a civil engineer from the University of Roorkee, he worked as a junior engineer in the Uttar Pradesh state irrigation department, [5] [6] . [7]

Career

After graduation, Gaur joined the state government's irrigation department as a junior engineer. [8] Subsequently he started his own venture as a civil contractor. [6] [9] Two decades later, he laid the foundation for the Jaypee Group by setting up Jaiprakash Associates, a civil engineering and construction company. [9] [10] To leave a secure government job and pursue contractorship in 1958, when it was considered to be most prestigious, required courage. In 1967, he led and transformed a motley group of persons into a company which took pride in its cable address "Iron Will" and went on to execute:

In 2010 he was ranked by Forbes magazine as the 48th-richest person in India, with an estimated wealth of US$1.5 billion. [8]

Awards and honours

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References

  1. ↑ "Jaiprakash Gaur". Forbes. Retrieved 12 March 2015.
  2. ↑ "Jaiprakash Gaur: Executive Profile & Biography". Bloomburg Business. Archived from the original on 14 October 2012. Retrieved 1 July 2011.
  3. ↑ Nayar, Baldev Raj (14 October 2014). Globalization and India's Economic Integration. Georgetown University Press. ISBN   978-1-62616-107-8.
  4. ↑ "Jaypee University Anoopshahr". jaypeeu.ac.in. Retrieved 11 November 2020.
  5. ↑ Karmali, Naazneen (12 April 2010). "Road to Riches". Forbes. Retrieved 12 March 2015.
  6. 1 2 "History". Jaypee Group. Retrieved 1 July 2011.
  7. ↑ jin (5 September 2014). "Jaiprakash Gaur Founder of Jaypee Group". Researchpedia.
  8. 1 2 Karmali, Naazneen (ed.). "India's Richest: #48 - Jaiprakash Gaur". Forbes. Retrieved 29 September 2010.
  9. 1 2 3 "Entrepreneur of the Year: Jaiprakash Gaur". Ernst & Young. Archived from the original on 12 December 2009. Retrieved 1 July 2011.
  10. ↑ "Jaiprakash Gaur Opts Out of Company's Board". Business Standard. Press Trust of India. 1 November 2010. Retrieved 1 July 2011.
  11. ↑ "Distinguished Alumni Awardees - 2005". Sampark. Retrieved 12 March 2015.
  12. ↑ Hiscock, Geoff (2008). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. Wiley. ISBN   9780470822388 . Retrieved 12 March 2015.
  13. ↑ "Chief Minister felicitates the Udyog Ratnas". Hindustan Times. New Delhi. 25 April 2005. Archived from the original on 2 April 2015 – via Highbeam.
  14. ↑ "Achievements". Jaypee Group. Retrieved 12 March 2015.
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