Sajjan Jindal | |
---|---|
Born | [1] | 5 December 1959
Alma mater | Ramaiah Institute of Technology |
Occupation(s) | Chairman and Managing Director of JSW Group |
Spouse | Sangita Jindal |
Children | 3, including Parth Jindal |
Parent(s) | Om Prakash Jindal Savitri Jindal |
Relatives | Naveen Jindal (brother) |
Website | jsw.in |
Sajjan Jindal (born 5 December 1959) is an Indian billionaire industrialist. He is the chairman and managing director of JSW Group of companies; diversified in steel, mining, energy, sports, infrastructure and, software business. [2] [3]
For 2021–22, he served as the chairman of World Steel Association. [4] He was replaced by POSCO's Jeong-Woo Choi. [5] Jindal is also an instrumental figure in establishing Indian Steel Association in the 2014. [6] [7]
He is one of the sons of Indian businessman and parliamentarian, Om Prakash Jindal. His youngest brother, Naveen, is a former Member of Parliament of India from the Indian National Congress party and also leading Jindal Steel and Power. [8]
According to Forbes , Jindal family led by Savitri Jindal is worth US$14.5 billion, as of 2021. [9]
Sajjan Jindal holds a bachelor's degree in mechanical engineering from the Ramaiah Institute of Technology, Bangalore. [10]
In 1982, he joined the OP Jindal Group as a freshly graduated mechanical engineer from Bengaluru, and within a year he moved to Mumbai to look after the western region operations. In 1983–1984, Jindal's father, Om Prakash Jindal put him to the test by ordering him to turn around operations at two facilities near Mumbai. [11]
He promoted Jindal Iron and Steel Company Limited (JISCO), for manufacturing of Cold Rolled and Galvanized Sheet Products in 1989. He promoted Jindal Vijaynagar Steel Limited (JVSL), JSW Energy Limited (JSWEL), Jindal Praxair Oxygen Limited. (JPOCL) and Vijaynagar Minerals Private Limited. (VMPL) to ensure complete integration of the manufacturing progress in 1995. In 2005, his steel companies, JISCO, and JVSL, were merged to form JSW Steel, and a holding group of the same name. [7]
Even before the death of OP Jindal in a helicopter accident in 2005, [12] [13] the group's patriarch established a "division of business" framework. First, he gave Prithviraj, Sajjan, Ratan, and Naveen Jindal equal shares of the existing OP Jindal Group he had built up over the years. [14] Then, Jindal Senior ensured that each of his sons had a cross-holding in the businesses that the brothers were owning individually. [15]
In 2008, Jindal became the president of ASSOCHAM at the latter's 87th annual general meeting. [16] He has also been actively involved in various civil society organizations, such as serving as a member of the Advisory Committee for TERI School of Advanced Studies, a council member for the Indian Institute of Metals and Krea University; [17] and also a board member for the Indian Institute of Management Indore. In 2023, Jindal nominated as the chairperson of the Board of Governors (BoG) of Indian Institute of Technology Tirupati. [18]
Jindal is leading JSW Group, a multi-business conglomerate worth US$23 billion. [19] [20] [21] The group's companies are listed below: [22]
Jindal is married to Sangita Jindal, who is Chairperson of JSW Foundation. Together, the couple has two daughters, Tarini and Tanvi, and a son, Parth. [34]
Jindal is a often used as a family name.
Naveen Jindal is an Indian billionaire industrialist, philanthropist, and a former Member of Parliament, Lok Sabha from Kurukshetra, Haryana in the 14th and 15th Lok Sabha. He currently serves as the Chairman of Jindal Steel and Power Limited and Chancellor of O. P. Jindal Global University.
Bellary Airport is an airport serving Bellary, a city in the Indian state of Karnataka. It was once served by Tata Airlines and Vayudoot. Bellary was a part of the first commercial flight of India which was from Karachi to Madras, flown by J.R.D Tata on 15 October 1932. This is the first airport of Karnataka built as early as 1932. However, as of May 2018, the airport is without commercial air service. Jindal Vijaynagar Airport, located about 36 kilometres (22 mi) west of the city, is used instead for this purpose. A new airport for Bellary is being planned as well.
Nepean Sea Road is a neighbourhood near Malabar Hill in South Mumbai, India.
Om Prakash Jindal, popularly known as O.P. Jindal, was born in Hisar, Haryana. He established successful business enterprises including Jindal Steel and Power, JSW Group and Jindal Stainless Limited under the flagship of the Jindal Organization, of which he was the chairman. In November 2004, Jindal was awarded the "Life Time Achievement Award" for his outstanding contribution to the Indian steel industry by the Bengal Chamber of Commerce and Industry. According to the latest Forbes List, he was ranked 13th amongst the richest Indians and 548th amongst the richest persons in the world. He died in a helicopter crash on 31 March 2005.
Kansal is a surname originating in northern India. It is one of the Gotra of Agarwal Community.
Jindal Vijayanagar Airport, also known as Vidyanagar Airport, is a public airport serving Bellary, Hampi and Hospet in Karnataka, India. It is located between Vidyanagar Township and a steel mill owned by JSW Steel in Toranagallu. The airport was built by Jindal Vijayanagar Steel, which later changed its name to JSW Steel. It opened in 1997 and began handling commercial flights in December 2006.
JSW Ispat Steel Ltd (JISL) was an Indian company with operations in iron, steel, mining, energy and infrastructure. It was set up as Nippon Denro Ispat Limited in May 1984 by founding chairman M. L. Mittal. It was listed on the Bombay Stock Exchange and National Stock Exchange of India until 2013 when it was merged with JSW Steel. It was headquartered in Mumbai and employed about 3,000 people.
Savitri Devi Jindal is an Indian businesswoman and politician. She is the chairperson emerita of O.P. Jindal Group. She is also the president of Maharaja Agrasen Medical College, Agroha. As of February 2024, Jindal family's net worth is estimated at $29.5 billion.
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. After the merger of Bhushan Power & Steel, Ispat Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private sector steel company.
JSW Group is an Indian multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and is part of the O.P. Jindal Group. The group's diverse businesses include steel, energy, infrastructure, cement and paints, across India, the United States, South America, and Africa.
Bengaluru Football Club ( ) is an Indian professional football club based in Bangalore, Karnataka. The club competes in the Indian Super League (ISL), the top flight of Indian football. The club was established on 20 July 2013, and began its first competitive season in the I-League on 22 September the same year. Since its inception, the club has won two I-League titles including one in its debut season, two Federation Cup titles, one Indian Super League title, and a Super Cup championship making it fourth-most successful club in Indian football.
Gerard da Cunha is an Indian architect based in Goa. He is the founder and principal architect of the architecture firm Architecture Autonomous. An alumnus of the School of Planning and Architecture, Delhi, he is known for utilizing locally available materials and traditional construction techniques in harmony with its ecosystem.
Sangita Jindal is an Indian businesswoman and the chairperson of the JSW Foundation, which drives social development projects within the JSW Group. She also leads Jindal Arts Centre and she is the President of Art India magazine, a leading art magazine focusing on contemporary art practices and critical theory which promotes interdisciplinary arts activity, in India. JSW Foundation has also won the Golden Peacock Award for CSR in 2009 and 2019.
Parth Jindal is an Indian businessman and scion of JSW Group.
The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. As per worldsteel, India's crude steel production in 2018 was at 106.5 tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
V. Vaidyanathan is an Indian banker who is the Managing Director and Chief Executive Officer (CEO) of IDFC First Bank, formed after the merger of IDFC Bank and Capital First. Prior to assuming this role, he held the position of Chief Executive Officer at ICICI Prudential Life Insurance and was a member of the Board of Governors at ICICI Bank.
Krea University is an Indian state private university located in Sri City, Andhra Pradesh. The Institute for Financial Management and Research was formally integrated under the aegis of Krea University. Krea University houses two schools, School of Interwoven Arts and Sciences (SIAS) and IFMR Graduate School of Business and pioneers Interwoven Learning.
Inspire Institute of Sport (IIS) is India's first privately-funded high performance training centre for athletes. Founded by the JSW Group, the facility is spread over 42 acres in Vijayanagar, Bellary district, Karnataka. The institute provides full scholarships to athletes scouted from across the country in athletics, boxing, judo, swimming and wrestling.
The 2023 Union Budget of India was presented by the Minister of Finance of India on February 1, 2023. This was the fourth budget of Narendra Modi-led NDA government's second term, starting from 2020. The Economic Survey for 2022–2023 was released on January 31, 2023 before the budget.