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Jaiprakash Gaur (Hindi: जय प्रकाश गौर) (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. Gaur has been associated with the construction industry for more than five decades.
Gaur was born in a village chirchita which is situated on the Delhi-badayun highway in District Bulandshahar Uttar Pradesh, where his father was an agricultural inspector. He graduated in civil engineering from the University of Roorkee as overseer in 1950.
After graduation, Gaur joined the state government's irrigation department as a junior engineer. Subsequently he started his own venture as a civil contractor. Two decades later, he laid the foundation for the Jaypee Group by setting up Jaiprakash Associates, a civil engineering and construction company. 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:
- Sardar Sarovar Dam – India’s largest dam with 7.2 million cu.m. of chilled concrete; larger by 75% in terms of volume than Bhakra Nangal Dam
- Tehri Dam - Asia's largest rockfill dam
- Nathpa Jhakri (power house) - The largest underground power house in India
Awards and honors
- 2005 "Distinguished Alumni Award" by Indian Institute of Technology Roorkee (erstwhile University of Roorkee), in recognition of his contribution in the field of corporate development/administration/entrepreneurship
- 2005 "Lifetime Achievement Award" by Builders' Association of India, in recognition of his outstanding contribution to the Indian construction industry
- 2005 "Udyog Ratna" award by the Progress Harmony Development (PHD) Chamber of Commerce & Industry, in recognition of his contribution to the economic development of Madhya Pradesh
- 2008 "Entrepreneur of Year Award", by Ernst & Young, for his exceptional contribution in the infrastructure and construction sector
- 2010 "Lifetime Achievement Award" by Merchants' Chamber of Uttar Pradesh, Kanpur, for creating new milestones in infrastructure development and for his achievement in corporate social responsibility
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- "History". Jaypee Group. Retrieved 1 July 2011.
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- "Jaiprakash Gaur Opts Out of Company's Board". Business Standard. Press Trust of India. 1 November 2010. Retrieved 1 July 2011.
- "Distinguished Alumni Awardees - 2005". Sampark. Retrieved 12 March 2015.
- 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.
- "Chief Minister felicitates the Udyog Ratnas". Hindustan Times. New Delhi. 25 April 2005 – via Highbeam. (subscription required (. ))
- "Achievements". Jaypee Group. Retrieved 12 March 2015.