Indian businessman Sajjan Jindal is. He is the Chairman and Managing Director of the JSW Group of Companies, which operates in the infrastructure, software, ports, steel, mining, and energy sectors. The second-largest private steel manufacturer in India is JSW Steel. The second-largest steel maker in Japan and the sixth-largest in the world, JFE Steel, have partnered strategically with JSW Steel. JSW Steel has a big expansion goal of its own. Additionally, he served as the Associated Chamber of Commerce and Industry of India’s (ASSOCHAM) immediate past president. He is one of the sons of Om Prakash Jindal, an Indian industrialist and lawmaker. Naveen, his younger brother, was a member of the Indian National Congress party and a former member of parliament. He served as the Haryana state representative for Kurukshetra constituency until 2014. As of 2016, the Jindal family, headed by Savitri Jindal, was valued at US$ 5.1 billion, according to Forbes. Prithviraj, Ratan, and Naveen Jindal, Sajjan’s brothers, all manage their own companies that they mostly inherited from their father.
Sajjan Jindal Basic Information
| Name | Sajjan Jindal |
| Category | Indian Entrepreneur |
| Nationality | Indian |
| Alma Mater | M.S Ramaiah Institute of Technology |
| Occupation | Chairman & MD of JSW Group |
| Net Worth | $5.1 Billion as of 2016 (Jindal Family) |
| Birthday | 5 December 1959 |
| Birth Place | Hisar |
| Age | 59 |
| Spouse | Sangita Jindal |
| Father | O.P Jindal |
| Mother | Savitri Jindal |
About Jindal Group
| Attribute | Details |
| Founder | O. P. Jindal |
| Industry Type | Conglomerate (Steel, Power, Infrastructure & More) |
| Year Founded | 1952 |
| Key People | PrithviRaj Jindal, Sajjan Jindal, Ratan Jindal, and Naveen Jindal |
| Global Presence | India, US, UK, Middle East, Indonesia & More |
| Major Sectors | Mining, Power, Steel, Industrial Gases, Seaport Facilities |
Major Subsidiaries of Jindal Group
| S NO. | Name | Sector | Market Cap (in Crores) | Year Founded |
| 1 | JSW Steel Ltd | Iron & Steel | ₹ 1,87,811 | 1982 |
| 2 | Jindal Steel And Power Ltd | Iron & Steel | ₹ 69,668 | 1979 |
| 3 | JSW Energy Ltd | Power Generation | ₹ 67,024 | 1994 |
| 4 | Jindal Stainless Ltd | Iron & Steel | ₹ 38,207 | 1970 |
| 5 | Jindal SAW Ltd | Building Products – Pipes | ₹ 10,708 | 1984 |
Physical Appearance
| Height | 5’11”inches |
| Hair color | Black |
| Eye color | Black |
| Religion | Hinduism |
Education /Qualification
| School | Boarding School in Mussoorie |
| College | Ramaiah Institute of Technology in Bengaluru, Karnataka |
| Qualification | B.E. in Mechanical Engineering |
| Hobbies | Reading books |
Early Life
On December 5, 1959, Sajjan Jindal was born in Hisar, Haryana, India. He completed his education at the Mussoorie Boarding School. At Bengaluru, Karnataka’s Ramaiah Institute of Technology, he earned his B.E. in Mechanical Engineering.
Sajjan Jindal Career
Following his graduation, he became a member of the Jindal group. In 1983, he relocated to Mumbai to oversee O. P. Jindal Group’s operations in the western region. In 1989, he supported the establishment of Jindal Iron and Steel Company Ltd. (JISCO) to produce cold-rolled and galvanized sheet products. In order to guarantee total integration of the manufacturing progress in 1995, he promoted Jindal Vijaynagar Steel Ltd. (JVSL), JSW Energy Ltd. (JSWEL), Jindal Praxiar Oxygen Ltd. (JPOCL), and Vijaynagar Minerals Private Ltd. (VMPL). His steel businesses, JISCO and JVSL, combined in 2005 to become JSW Steel, along with the corresponding holding company.
Sajjan Jindal Business
The JSW Group is a multi business conglomerate worth Rs. 14700 crore (US $3.7 billion). The group’s companies are:
- 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
Sajjan Jindal Net Worth
Sajjan Jindal publically holder of 12 stocks that registered on 30 September 2023 with a net worth of Rs. 38,754.4 Crore. According to Forbes Jindal family’s company which is led by Savitri Jindal has a net worth is US$14.5 Billion as of 2021. He got a total compensation from Jeevan Scientific Technology of Rs. 391,100,000.
| Net Worth in 2023 | $1 Million – $5 Million |
| Source of Income | Chairman |
Top Facts about Sajjan Jindal
- Sajjan Jindal is a billionaire industrialist from India.
- He is the chairman of JSW Group, a conglomerate with interests in steel, energy, infrastructure and cement.
- Jindal has an estimated net worth of $6.8 billion USD as of 2021.
- He was born on December 5th, 1959 in Mumbai, India.
- Jindal holds a degree in mechanical engineering from M.S Ramaiah Institute of Technology in Bangalore.
- He joined his family’s business at age 22 and helped expand it into one of India’s largest steel producers.
- In addition to his business ventures, Jindal is also involved in philanthropic work through the JSW Foundation.
- He has received numerous awards for his contributions to Indian industry and society.
- Jindal is married with three children and resides primarily in Mumbai.
- His company JSW Steel acquired bankrupt Bhushan Power & Steel for $2.7 billion USD in 2019
Information & Factual Notes
Olanda ranked as the Chairman with the greatest popularity. included in the elite list of well-known Indian-born celebrities. Sajjan Jindal’s birthday is observed annually on December 5.
Timeline
| 2014 | He is one of the sons of Om Prakash Jindal, an Indian industrialist and lawmaker. Naveen, his younger brother, was a member of the Indian National Congress party and a former member of parliament. He served as the Haryana state representative for Kurukshetra constituency until 2014. As of 2016, the Jindal family, headed by Savitri Jindal, was valued at US$5.1 billion, according to Forbes. |
| 2011 | He paid Rs 4 billion for the 3-story Maheshwari House on Nepean Sea Road in South Mumbai in July 2011. |
| 1983 | He joined the Jindal organization upon his graduation. In 1983, he relocated to Mumbai to oversee O.P. Jindal Group operations in the western region. In 1989, he supported the establishment of Jindal Iron and Steel Company Ltd. (JISCO) to produce cold-rolled and galvanized sheet products. In order to guarantee total integration of the manufacturing progress in 1995, he promoted Jindal Vijaynagar Steel Ltd. (JVSL), JSW Energy Ltd. (JSWEL), Jindal Praxiar Oxygen Ltd. (JPOCL), and Vijaynagar Minerals Private Ltd. (VMPL). His steel businesses, JISCO and JVSL, combined in 2005 to become JSW Steel, along with the corresponding holding company. |
| 1959 | Sajjan Jindal is an Indian entrepreneur who was born on December 5, 1959 (59-12-05). He is the managing director and head of the JSW Group of Companies, which operates in the software, steel, mining, energy, sports, and infrastructure sectors. India’s biggest private steel manufacturer is JSW Steel. JFE Steel, the second-largest steel producer in Japan and the sixth-largest in the world, and JSW Steel have forged a strategic alliance. JSW Steel has a big expansion goal of its own. Additionally, he served as the Associated Chamber of Commerce and Industry of India’s (ASSOCHAM) immediate past president. |
Awards, Honours, Achievements
- Sajjan Jindal won the Willy Korf/Ken Iverson Steel Vision Award, for contributions made to the steel industry, in June 2009.
- Sajjan Jindal was awarded the National Metallurgist Award: Industry from the Ministry of Steel, Government of India, 2014.
- Sajjan Jindal received the Rashtriya Khel Protsahan Puruskar from former President Pranab Mukherjee at the National Sports and Adventure Awards function in 2014.
- Sajjan Jindal was awarded the Parmarth Seva Ratna Award for his community service through the JSW Foundation in 2016.
- Sajjan Jindal being presented with the Parmarth Seva Ratna Award
- Sajjan Jindal won the IIM (Indian Institute of Metals) – J. R. D. Tata Award for Excellence in Corporate Leadership in Metallurgical Industry in 2017.
- Sajjan Jindal was named CEO of the Year award by Business Standard in 2018.
- Sajjan Jindal won the Best CEO award from Business Today Magazine in 2019.
- Sajjan Jindal won the Outstanding Business Leader of the Year Award at the CNBC IBLA (India Business Leader Awards) in 2019.
- Sajjan Jindal was honoured as Businessman of the Year at the Maharashtrian of the Year Awards, 2020.
- Sajjan Jindal with his Businessman of the Year award at the Maharashtrian of the Year Awards
- Sajjan Jindal won the Ernst & Young Entrepreneur of the Year Award in 2022.
Car Collection
Sajjan Jindal drives an Audi Electric car.
Education
Having been associated with Visvesvaraya Technological University, Belgaum, Karnataka, which was formerly a part of Bangalore University, Bangalore, Sajjan Jindal holds a B.E. in Mechanical Engineering from M S Ramaiah Institute of Technology, Bangalore.
Latest News
Just as the court ordered the registration of an FIR, a thorough investigation should be ordered against those police officers who did not register a case even on such serious charges.
A 30-year-old lady submitted a complaint at the Bandra Kurla Complex (BKC) police station in Mumbai, leading to the registration of a case against Sajjan Jindal, chairman and managing director of JSW Group, for alleged rape and criminal intimidation.
Jindal dismissed the accusations as “false and baseless” in a statement released on Sunday.
The complainant claims that on January 24, 2022, the accused sexually attacked her; on February 16 of this year, she went to the police. She mentioned a few other instances before January 24, 2022, when he is accused of giving her a forcible kiss, in her statement to the police.
The woman claimed that the police had ignored her allegation and filed a lawsuit in the Bombay High Court on December 5 of this year. The BKC police notified the HC on December 12 that the woman’s statement would be documented and that appropriate action would be taken.
On December 13, the following day, a FIR was filed. The woman’s statement was recorded, and an offense was reported under IPC Sections 376 (rape), 354 (assault or criminal force to woman with intent to insult her modesty), and 506 (criminal intimidation) a day later, the police told the court.
After noting the police’s plea, a bench of Justices Prakash D. Naik and Nitin R. Borkar ordered a “expeditious” probe. We deny this petition in light of the facts. The Bench declared that the investigation “must be completed expeditiously within statutory limits.”
Jindal’s office released the following statement on Sunday: “Mr. Sajjan Jindal refutes these unfounded and untrue accusations. He is determined to cooperate completely with the investigation. At this point, we won’t be making any more comments because the inquiry is still underway. We respectfully ask that you respect the family’s privacy.
The 30-year-old texted Jindal on December 13, 2021, but the two were unable to meet at that time, according to the statement. She and her brother supposedly met Jindal at the wedding of a politician’s son in Jaipur a few days later, on December 18–19.
He was attempting to become friendly with me there, she claimed in her statement. We have kept in constant contact with one another ever since. Jindal had even begun referring to me in the conversations as “babe” and “baby” as of December 23, 2021, the woman claimed.
She claimed that he also sent her his credit card information via WhatsApp on December 23.
Jindal would frequently ask her to meet with him in private, the complainant informed police, expressing worries about his public persona. She promised to steer clear of these kinds of talks and to only meet him in formal settings like meeting rooms and restaurants.
Subsequently, the woman alleged, she booked a suite at a five-star hotel in Bandra in her name, on Jindal’s instructions. During this meeting, he allegedly shared personal details about his family members, including his relationship with his wife.
“I got very awkward with those conversations, following which we had a discussion about work. He then gave me a casual hug and tried to kiss me but I resisted the kiss and left, after which he sent me messages claiming to be interested in me, along with kissing emojis, and requested me to send ‘hot’ photos,” she said in her statement.
During a drive on December 26, 2021, she said, Jindal told her that he liked her a lot and would help her in setting up her business, bungalow and a car. “I then asked him about our (legal) relationship status, when he said that he has grandchildren in India and because of social issues, he won’t be able to keep any kind of relationship in India. But he claimed that we would behave like husband and wife outside India, which I refused,” she said.
“He would video call me on WhatsApp and Facetime only when his wife was not around,” she alleged.
The statement cites two instances, on December 27, 2021 and January 5, 2022, when Jindal allegedly forcefully kissed her at his house on Peddar Road and office in BKC respectively.
According to the statement, on January 24, 2022, at about 7 pm, Jindal held her hand and pulled her inside the bathroom of his office in BKC and sexually assaulted her.
“Since then, he has started distancing himself from me. His calls and messages were also reduced. I then realised that Sajjan Jindal was cheating me, and, as I liked him, I tried to clear the misunderstanding, but he was avoiding me. He also threatened me from calling and messaging,” the complainant said in her statement, adding that he subsequently blocked her number.
“Sajjan Jindal is a big businessman and as I was worried that he would harm me and my family, I did not lodge a police complaint against him. But later, when I told my family members about the incident, they gave me confidence to approach the police, following which I submitted a complaint application at BKC police station on February 16, 2023,” she said in her statement.
She alleged that Jindal’s team members approached her and instructed her to withdraw her complaint.
Acknowledgment and prizes
Sajjan Jindal has received important recognition as a result of his services to the steel sector. Notably, in June 2009, he was honored with the Willy Korf/Ken Iverson Steel Vision Award in recognition of his outstanding contributions to the industry. Among other noteworthy accolades, his leadership skills earned him the 2018 CEO of the Year award from Business Standard.
Controversies
Illicit Ore Mining Case
In a case pertaining to illegal iron ore mining in Karnataka, officials from JSW Steel, including Chairman Sajjan Jindal and CEO Vinod Nowal, were charged by the Indian federal police agency.
This came about as a result of a 2012 Supreme Court ruling directing the Central Bureau of Investigation (CBI) to look into claims made by JSW and other businesses over their involvement in giving gifts, buying land at exorbitant rates, and providing bribes to state officials. Former Karnataka Chief Minister B. S. Yediurappa and his family members were also named among the accused. Production at JSW Steel’s important 10-million-tonne-per-year Vijayanagar facility has been disrupted by the Supreme Court’s temporary ban on mining in Karnataka, which was based on irregularities in specific mines. In a statement on the subject, JSW Steel
The authorities’ conclusions, which resulted in the charge sheet, lack foundation. The business would always comply with national law and make its case in court. The business fully trusts the legal system to deliver justice.
Visa Violation
In an apparent attempt to deflect attention from the media, Sajjan Jindal allegedly broke the rules of his visa when meeting with Pakistani Prime Minister Nawaz Sharif in Murree, a hill station close to Islamabad. According to reports from Pakistani media, Jindal was granted a visa (number 769903) on April 25, 2017, which limited his travel options to Islamabad and Lahore. This is in accordance with the reciprocal visa policy between India and Pakistan. The meeting took place during a period of intense tension between India and Pakistan due to Kulbhushan Jadhav’s death sentence imposed by a Pakistani military court.
However, Indian officials remained silent. Maryam, the daughter of Nawaz Sharif, attested to the meeting taking place at her father’s exclusive Murree home, but she minimized its significance, characterizing Jindal as the Prime Minister’s longtime friend and referring to it as a get-together between two old friends.
Uttaravilli Bhaskara Rao vs Sajjan Jindal on 21 July 2022
The petitioner, Uttaravilli Bhaskara Rao, was previously employed as a junior manager at JSW Steel Limited, owned by Sajjan Jindal. However, he received an order terminating his employment. Uttaravilli filed a petition with the Karnataka High Court seeking relief against the Vice President of JSW Steel Limited, a private company that is the respondent in the case, including reinstatement, promotion with back pay, full benefits, police protection, cancellation of an illegal inquiry, compensation, and a CBI investigation.
Uttaravalli requested police protection and CBI investigations, claiming to have knowledge on injury, unlawful acts, and constitutional violations by those employed by JSW Steel Limited. Uttaravilli did not show up for the ensuing proceedings. The Court directed Uttaravilli to give justification for maintainability in accordance with Article 226 of the Constitution, which refers to the High Court’s authority to issue writs or issues. The Court determined that private employment contracts are subject to contractual duties and that, under these circumstances, Article 226 is not upholdable.
The petitioner did not meet the court’s requirements for maintainability, according to the court. Uttaravilli did not appear to argue for maintainability despite multiple hearing dates. The petition was almost ten years long, and the court voiced concerns about that. Ultimately, the respondent corporation is a private company that is not subject to government control, hence the court determined that the petition was not maintainable under Article 226. The petition was dismissed by the court, granting the petitioner the option to seek the proper remedies in the proper forum, if they so choose.
Introducing Sajjan Jindal, the billionaire success of JSW Group and the son of India’s wealthiest businesswoman, Savitri Jindal.
Sajjan Jindal, who was born in 1959, has established himself as one of India’s most prosperous businessmen. His interests include software development, infrastructure, steel, power, and cement.
The Jindal Group is a major player in a number of industries, including mining, infrastructure, steel, and electricity. The Jindal Group has expanded into industries such as mining, infrastructure development, and cement in addition to steel and power. Their involvement in many initiatives both domestically and overseas has helped the nation’s infrastructure to flourish.
With the passage of time, the following generation inherited this enormous company, and among the outstanding line of successors, Savitri Jindal emerged as a phoenix, dazzling the commercial world with her intelligence and charisma.
Sajjan Jindal, the Chairman of JSW Group and one of the richest men in India, is currently leading the JSW group. When his father, the well-known businessman and lawmaker Om Prakash Jindal, unexpectedly died in a helicopter accident in 2005, his mother’s capable shoulders took up the reins of the Jindal Group.
Facts/Trivia
- Sajjan Jindal is referred to as India’s Man of Steel.
- Sajjan Jindal is very focused on his fitness and health. He works out every single morning. Sajjan Jindal has ensured that his steel plants have every sports facility.
- In 2017, the Jindal family was named Asia’s richest family, and their net worth was calculated to be 7.68 billion dollars.
- In an interview, Sajjan Jindal stated that he is passionate about cars and aims to build an electric car in India. Further, he said,I’m very passionate about cars, and that’s been my childhood passion. I’ve been really wanting to build a car project for a long time. I think now is the time to build a very high-quality car in India which could be similar to a Tesla. That’s what I’m really working on. We are still in our early days. Idea is to make a car from India that will be for India but will be for a global market as well. So, we would want the car to be made in the country for Indians but also such a technology that should sell in Europe and Japan as well.”
- Sajjan Jindal states that he was very interested in sports from a young age. Sajjan Jindal regularly played squash. His son, Parth Jindal, jokingly stated that Sajjan Jindal quit playing squash once Parth started beating him at the game. Sajjan founded the Jindal Squash Academy at Vasind, Maharashtra. In an interview, Sajjan said,I grew up playing everything, as Hisar had cricket grounds, badminton, squash and tennis courts. At boarding school in Mussoorie, we played hockey and football. Plus, we had courts in our factories, where everybody could come and play. So, not just me, the whole of Hisar was into sports…But I picked up squash because it’s a quick stress-buster, you build stamina and, in 45 minutes flat, you’re done, and refreshed.”
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