The OP Jindal Group, one of India’s biggest business houses, has developed into a US $22 billion worldwide business combination with interests traversing the steel, mining, power, modern gases and ports verticals.
The group was established by Shri O.P. Jindal, an extravagant business person and steel visionary who began an indigenous single-unit steel plant in Hisar (Haryana) in 1952. It is currently one of India’s most powerful business associations.
The group is a piece of an enhanced arrangement of items going from mining iron mineral and coal, delivering wipe iron, ferro amalgams and a wide scope of hot-rolled and cold-moved steel items comprising of HR curls/sheets/plates, hot-moved primary segments and rails to CR curls/sheets, high-grade lines and worth added things, for example, tempered steel, electrifies steel furthermore, covered lines.
Jindal Group is engaged in a diverse portfolio of businesses which have achieved rapid growth over the years.The group was founded in 1952 by Shri B.C. Since then, the group has diversified into the manufacture of Polyester Film, BOPP Film, Photographic Goods, Cold Rolled Steel Strips, Galvanized Sheets, Metallised Films, etc.”
Family Business Model
Mr. OP Jindal, the late industrialist and politician, knew how business families in India carried on into their second and third era.
The Birlas had part after three ages and the Ambani siblings’ division was open, coming not long after Dhirubhai Ambani’s demise. Be that as it may, Jindal ensured his family was unique.
Indeed, even before he passed away in 2005 in a helicopter crash, the patriarch had put in place an interesting structure. To begin, He partitioned his domain between his four children – Prithviraj, Sajjan, Ratan and Naveen.
Besides, Jindal had guaranteed that his children never split. His better half Savitri Jindal led every one of the organizations and the OP Jindal Group.
Shri O.P. Jindal was an industrialist who was responsible for the success of the OP Jindal Group which developed from solidarity to quality. Yet, for the world everywhere he was substantially more than that.
Shri O P Jindal – A pioneer of the majority, supporting the poor people and discouraged ones.a commended legislator, a philanthropic on the most fundamental level and a phenomenal visionary, an industrialist and social specialist leaving a permanent blemish on the nation.
The O.P. Jindal Group is headed by Smt. Savitri Jindal. The group’s strength lies in the dynamic and rigorous approach of its leaders: the four sons of Shri O.P. Jindal.
The four brothers are today taking forward the rich legacy of their father:
Mr. Prithvi Raj Jindal is the Chairman (Non – Executive) of Jindal SAW Ltd.
Mr. Sajjan Jindal is the Chairman of JSW Group.
Mr. Rattan Jindal is the Vice Chairman; Managing Director of Jindal Stainless Ltd.
Mr. Naveen Jindal is the Chairman of Jindal Steel & Power Ltd.
The O.P. Jindal Group has charted out an aggressive growth plan over the next decades. All the Group companies are well poised to take advantage of the huge opportunities presented by India.
Reinforcing their worldwide power withinside the metal industry, the Jindal Group additionally has holdings in architecture, cement, infrastructure and logistics, minerals, finance, power and mining. Additional metal and strength vegetation are predicted to quickly open in West Bengal, Jharkhand, Chhattisgarh, Odisha, Karnataka, Rajasthan, and Maharashtra.
Through the vertical integration approach of growth, the Group’s capacity to foster sustainable improvement will grow and function as an aggressive benefit really well worth emulating with the aid of using different companies. The largest names below the institution are –
Jindal SAW Ltd.
The enterprise is a main worldwide producer and dealer of Iron & metallic pipe merchandise and add-ons with production centers placed at 3 locations in India consisting of Kosi Kalan in UP, Nashik in Maharashtra, and Mundra in Gujarat. As of today’s date, this is Jindal SAW share price.
Its merchandise have utility in oil and fueloline exploration transportation electricity technology deliver of water for consuming drainage irrigation functions and different business applications. It manufactures submerged arc welded(SAW) pipes and spiral pipes for the power transportation sector, carbon, alloy and seamless pipes and tubes for business applications, and ductile iron (DI) pipes and fittings for water and wastewater transportation.
Ranked among India’s top business houses, JSW’s innovative and sustainable ideas cater to the core sectors of Steel, Energy, Cement and Infrastructure. The Group continues to strive for excellence with its strength, differentiated product mix, state-of-the-art technology, excellence in execution and focus on sustainability.
From its humble beginnings in steel, the JSW Group has expanded its presence across India, South America, South Africa and Europe. Through its CSR projects, it also continues to participate in and initiate activities that assist in improving those areas of our country that lack resources.
Jindal Stainless Ltd.
Jindal Stainless Limited is one of the largest manufacturers of stainless steel in India with a capacity of 1.1 million tonnes per annum. Akin to stainless steel Jindal Stainless Limited is innovative and versatile in its thought process; The state-of-the-art unit of Jindal Stainless is located in the eastern part of India in the state of Odisha. The plant comprises of 250,000 tons per annum of Ferro Alloy’s facilities with world class technology and equipments sourced from, SMS Siemag and Andritz Sundwig. As of today’s date, this is Jindal Stainless share price.
Jindal Steel and Power Ltd.
Jindal Steel and Power Limited is an India-based steel producer. The Company’s product portfolio consists of steel product mix, construction solutions, and construction material and solutions. Its steel product mix category includes rails and head hardened rails, parallel flange beams and columns, angles and channels, plates, coils and wire rods. Its construction solutions category includes fabricated steel section, speed floor, light gauge structures, insulated dry wall panel and Jindal Global Road Stabilizers (JGRS). an installed power generation capacity of approximately 5,060 megawatts, and pellet-making capacity of over nine MTPA. As of today, this is Jindal Steel & Power share price.
Study more about these companies and the group itself on StockEdge
To check out and study and get benefited with all the analytics about the complete list of companies in the O P Jindal Group, visit our StockEdge Web.
Watch the entire video on the Journey of OP Jindal Group of Companies here:
Growth has been a lifestyle for the O P Jindal Group and ‘Growth with a social heart has been the controlling way of thinking. The Group puts high duty on manageable advancement of its kin and the networks in which it works. The innovation-driven group employs more than 50,000 individuals over the globe.
Shri O.P. Jindal throughout the long term assembled notoriety of uprightness and dynamism and his four children are today proceeding with his rich inheritance. Presently headed by Smt Savitri Devi Jindal, the gathering is as yet extending, coordinating, amalgamating and developing across parts far and wide.