Sajjan Jindal
Sajjan Jindal | |
|---|---|
| File:Mr. Sajjan Jindal.jpg | |
| Born | 5 December 1959[1] |
| Nationality | Indian |
| 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 | www.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 2021-2022, he served as the chairman of World Steel Association.[4] He was replaced by POSCO's Jeong-Woo Choi.[5]
Early life and education
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.
According to Forbes, Jindal family led by Savitri Jindal is worth US$14.5 billion, as of 2021.[6]
Sajjan and his brothers, Prithviraj, Ratan and Naveen, each manage their own businesses that were primarily inherited from their father.[7]
Sajjan Jindal holds a bachelor's degree in mechanical engineering from Ramaiah Institute of Technology, Bangalore.[8]
Career
After his graduation he joined the Jindal organisation. He moved to Mumbai to look after the western region operations of O.P. Jindal Group in 1983. He promoted Jindal Iron and Steel Company Ltd. (JISCO), for manufacturing of Cold Rolled and Galvanized Sheet Products in 1989. He promoted Jindal Vijaynagar Steel Ltd. (JVSL), JSW Energy Ltd. (JSWEL), Jindal Praxair Oxygen Ltd. (JPOCL) and Vijaynagar Minerals Private Ltd. (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 holdings group of the same name.[citation needed]
Business
The JSW Group is a multi business conglomerate worth Rs. 717 billion (US$11 billion).[9] The group's companies are:[10]
- JSW Steel Ltd.
- JSW Energy Ltd.
- JSW Holdings Ltd.
- JSW Infrastructure Ltd.
- Vijaynagar Minerals Pvt. Ltd.
- Jindal Praxair Oxygen Co. Ltd.
- JSoft Solutions Ltd.
- JSW Building Systems Ltd.
- JSW Sports
- JSW Cement
- JSW Severfield structures Limited
Philanthropy
- Sajjan Jindal Steel Professor Chair, Center of Excellence in Steel Technology (CoEST), Indian Institute of Technology Bombay.[11][12]
Awards and recognition
- June 2009, Willy Korf/Ken Iverson Steel Vision Award for his contribution to the steel industry [1][permanent dead link]
- January 2019, awarded the "Outstanding Business Leader of the year 2018" award by the CNBC TV18 [2]
- April 2018, "CEO of the Year" award by Business Standard [3]
- March 2018, JRD Tata Award 2017 for Excellence in Corporate Leadership in Metallurgical industry [4]
- January 2014 "National Metallurgist Award: Industry” instituted by the Ministry of Steel, Government of India.[5]
- Best CEO award 2019 by Business Today Magazine [6]
Personal life
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.
References
- ^ "The Hindu : Karnataka News : Profile of Sajjan Jindal". www.hindu.com. Archived from the original on 10 October 2009. Retrieved 15 January 2022.
- ^ "वाहन-श्रेणी के इस्पात के लिए जेएसडब्लू और जेएफई का करार". Archived from the original on 21 July 2011. Retrieved 19 November 2009.
- ^ "Mumbai tops IIFL Wealth Hurun India Rich List 2022 with 283 entrants — a look 10 richest in Maximum City". cnbctv18.com. 22 September 2022. Retrieved 26 September 2022.
- ^ Pathak, Kalpana (13 October 2021). "Sajjan Jindal appointed chairman of World Steel Association". mint. Retrieved 26 September 2022.
- ^ Golob, Nicolas (19 October 2022). "Posco Holdings chief elected worldsteel chairman". EUROMETAL. Retrieved 31 October 2022.
- ^ "Savitri Jindal & family". Forbes. Retrieved 14 January 2017.
- ^ Daidj, Nabyla (1 July 2016). Strategy, Structure and Corporate Governance: Expressing inter-firm networks and group-affiliated companies. CRC Press. ISBN 978-1-317-04924-1.
- ^ "Stocks".
- ^ "JSW Group: One of the fastest growing business house". Archived from the original on 23 February 2009. Retrieved 26 February 2009.
- ^ "JSW Steel LTD. Is one among the largest Indian Steel Companies in India today". Archived from the original on 21 February 2009. Retrieved 26 February 2009.
- ^ "IIT Bombay and JSW Group sign partnership to establish first-of-its kind, state-of-the-art technology hub for steel manufacturing in India". pib.gov.in. Retrieved 26 September 2022.
- ^ "IIT Bombay and JSW Group to establish a technology hub for steel manufacturing". Business Insider. Retrieved 26 September 2022.