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Sajjan Jindal

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Sajjan Jindal
File:Mr. Sajjan Jindal.jpg
Born (1959-12-05) 5 December 1959 (age 64)[1]
NationalityIndian
Alma materM. S. Ramaiah Institute of Technology
Occupation(s)chairman and managing director of JSW Group
SpouseSangita Jindal
Websitewww.jsw.in

Sajjan Jindal (born (1959-12-05)5 December 1959) is an Indian entrepreneur. He is the chair and managing director of JSW Group of companies diversified in steel, mining, energy, sports, infrastructure and software business. JSW Steel is India's largest private steel producer. JSW Steel has formed a strategic tie-up with the world's sixth-largest and Japan's second-largest steel producer JFE Steel. JSW Steel is also pursuing an ambitious expansion plan.[2] He is also the immediate ex-President of the Associated Chamber of Commerce and Industry of India (ASSOCHAM).

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. He represented Kurukshetra constituency from the state of Haryana till 2014. According to Forbes, Jindal family led by Savitri Jindal is worth US$5.1 billion, as of 2016.[3]

Sajjan and his brothers, Prithviraj, Ratan and Naveen, each run their own businesses that were primarily inherited from their father.

Education

Sajjan Jindal holds B.E in Mechanical Engineering from M S Ramaiah Institute of Technology, Bangalore being affiliated from Visvesvaraya Technological University, Belgaum, Karnataka which was earlier under Bangalore University, Bangalore.[4]

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 Praxiar 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.

Business

The JSW Group is a multi business conglomerate worth Rs. 717 billion (US$11 billion).[5] The group's companies are:[6]

Awards and recognition

  • June 2009, Willy Korf/Ken Iverson Steel Vision Award for his contribution to the steel industry [4][permanent dead link]
  • January 2019, awarded the "Outstanding Business Leader of the year 2018" award by the CNBC TV18 [5]
  • April 2018, CEO of the Year" award by Business Standard [6]
  • March 2018, JRD Tata Award 2017 for Excellence in Corporate Leadership in Metallurgical industry [7]
  • January 2014 National Metallurgist Award: Industry” instituted by the Ministry of Steel, Government of India.[8]
  • Best CEO award 2019 by Business Today Magazine [9]

Personal life

Jindal is married to Sangita Jindal, who is Chairperson of JSW Foundation Sangita Jindal. Together, the couple has two daughters, Tarini and Tanvi, and a son, Parth.

In July 2011, he purchased a 3-storeyed house at Nepean Sea Road, South Mumbai for Rs 4 billion called Maheshwari House.[7]

References

  1. ^ a b [1]
  2. ^ "Archived copy". Archived from the original on 21 July 2011. Retrieved 19 November 2009.{{cite web}}: CS1 maint: archived copy as title (link)
  3. ^ "Savitri Jindal & family". Forbes. Retrieved 14 January 2017.
  4. ^ [2]
  5. ^ "Archived copy". Archived from the original on 23 February 2009. Retrieved 26 February 2009.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ "Archived copy". Archived from the original on 21 February 2009. Retrieved 26 February 2009.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ [3]