Sajjan Jindal

Sajjan Jindal
Born (1959-12-05) 5 December 1959[1]
Hisar, Haryana, India[1]
Residence Malabar Hill
Mumbai, Maharashtra, India
Nationality Indian
Alma mater M. S. Ramaiah Institute of Technology
Occupation Chairman and Managing Director of JSW Group
Spouse(s) Sangita Jindal
Website www.jsw.in

Sajjan Jindal (born 5 December 1959) is an Indian entrepreneur. He is the Chairman, 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. 71,700 crore (US$11 billion).[5] The group's companies are:[6]

  • 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 Limited

Awards and recognition

  • June 2009, Willy Korf/Ken Iverson Steel Vision Award for his contribution to the steel industry

Personal life

Jindal is married to Sangita Jindal, who is a trustee for Make-A-Wish Foundation India. 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 400 crore called Maheshwari House.[7]

References

  1. 1 2
  2. "Archived copy". Archived from the original on 21 July 2011. Retrieved 19 November 2009.
  3. "Savitri Jindal & family". Forbes. Retrieved 14 January 2017.
  4. "Archived copy". Archived from the original on 23 February 2009. Retrieved 26 February 2009.
  5. "Archived copy". Archived from the original on 21 February 2009. Retrieved 26 February 2009.
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