Sajjan Jindal (born 5 December 1959) is an Indian billionaire businessman. He is the chairman and managing director of JSW Group. [2][3]
For 2021–22, he was the chairman of World Steel Association.[4] He was replaced by POSCO's Jeong-Woo Choi.[5]
Early life and education
He is one of the sons of Indian businessman and parliamentarian, Om Prakash Jindal. His youngest brother, Naveen, is a Member of Parliament of India from the Bharatiya Janata Party and also leading Jindal Steel and Power.[6][7]
According to Forbes, Jindal family led by Savitri Jindal is worth US$14.5 billion, as of 2021.[8]
Sajjan Jindal holds a bachelor's degree in mechanical engineering from the Ramaiah Institute of Technology, Bangalore.[9]
Career
In 1982, he joined the OP Jindal Group as a freshly graduated mechanical engineer from Bengaluru, and within a year he moved to Mumbai to look after the western region operations. In 1983–1984, Jindal's father, Om Prakash Jindal put him to the test by ordering him to turn around operations at two facilities near Mumbai.[10]
He promoted Jindal Iron and Steel Company Limited (JISCO), for manufacturing of Cold Rolled and Galvanized Sheet Products in 1989. He promoted Jindal Vijaynagar Steel Limited (JVSL), JSW Energy Limited (JSWEL), Jindal Praxair Oxygen Limited. (JPOCL) and Vijaynagar Minerals Private Limited. (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 holding group of the same name.[11]
Even before the death of OP Jindal in a helicopter accident in 2005,[12][13] the group's patriarch established a "division of business" framework. First, he gave Prithviraj, Sajjan, Ratan, and Naveen Jindal equal shares of the existing OP Jindal Group he had built up over the years.[14] Then, Jindal Senior ensured that each of his sons had a cross-holding in the businesses that the brothers were owning individually.[15]
Board memberships and affiliations
In 2008, Jindal became the president of ASSOCHAM.[16] He is a member of the Advisory Committee for TERI School of Advanced Studies, a council member for the Indian Institute of Metals and Krea University;[17] and also a board member for the Indian Institute of Management Indore. In 2023, Jindal was nominated as the chairperson of the Board of Governors (BoG) of Indian Institute of Technology Tirupati.[18]
Advocacy
Industrialization of India
Jindal has advocated for strengthening India's manufacturing sector through self-reliance, domestic supply chains, and industrial modernisation, particularly in steel.[19] In 2020, he urged Indian industries to leverage global supply chain shifts and position India as a manufacturing alternative to China.[20] He emphasised the role of government support, infrastructure investment, and affordable credit in enhancing competitiveness. But, he also accepts that industries in India lacks sufficient interests in research and development due to quarterly performance pressures that prevent companies from generating enough profits to invest meaningfully in it.[21] At the 2025 centenary of the Indian Chamber of Commerce, he called on domestic industries to scale up and meet global standards.[22]
Electric vehicles
Jindal has expressed support for the indigenisation of electric vehicle technology in India. Through the JSW Group’s joint venture with SAIC Motor—JSW MG Motor India—he has outlined plans to increase the availability of EVs for Indian consumers by localising production and reducing reliance on imported technology. The initiative includes setting up domestic R&D and design centres and coordinating with other JSW Group companies such as JSW Steel to produce EVs suited to Indian market conditions.[23] Jindal has described this shift as a significant opportunity for the auto sector and has stated that Indian companies should play a larger role in its development.[24]
Tariffs on Chinese Imports
Jindal has advocated for tariffs and trade barriers to shield India’s industries, especially steel, from subsidised Chinese imports.[25] He warned that without such measures, India could become a dumping ground, harming local manufacturers.[26] In 2023, he urged retaliatory tariffs in response to US and European trade actions and criticised Chinese steel's entry via FTA countries like Vietnam.[27][28] In 2024, he highlighted China's steel exports matching India’s production capacity and called for safeguard duties. His efforts contributed to a 12% provisional safeguard duty on steel imports in 2025.[29] He also supports tariffs in other sectors like petrochemicals, textiles, and furniture.[30]
Business
Jindal is leading JSW Group, a multi-business conglomerate worth US$30 billion as of 2025.[31][32][33] The group's companies are listed below:[34]
- JSW Steel
- JSW Energy
- JSW Holdings
- JSW Infrastructure
- Vijaynagar Minerals
- Jindal Praxair Oxygen Company
- JSoft Solutions
- JSW Building Systems
- JSW Sports
- JSW Cement
- JSW Severfield Structures
- JSW Neo Energy[35]
- JSW MG Motor India[36]
- JSW Defence and Aerospace[37]
Philanthropy
Awards and recognition
- June 2009, Willy Korf/Ken Iverson Steel Vision Award for his contribution to the steel industry.[40]
- 2014 "National Metallurgist Award: Industry” instituted by the Ministry of Steel, Government of India.[41]
- IIM-JRD Tata Award 2017 for Excellence in Corporate Leadership in Metallurgical industry.[42]
- 2018 CEO of the Year award by Business Standard.[43]
- Best CEO award 2019 by Business Today Magazine.[44]
- Ernst & Young Entrepreneur of the Year Award 2022.[45][46]
- Fortune India's Class of Best CEOs of India, 2024.[47]
- Business Leader of the Decade’ award at the 15th AIMA Managing India Awards.[48]
- 2025 Economic Times Awards Business Leader of the Year.[49]
Personal life
Jindal is married to Sangita Jindal, who is Chairperson of JSW Foundation. Together, the couple has two daughters, Tarini and Tanvi, and a son, Parth.[50]
Further reading
External links
References
- The Hindu : Karnataka News : Profile of Sajjan Jindal www.hindu.com, retrieved 15 January 2022^
- वाहन-श्रेणी के इस्पात के लिए जेएसडब्लू और जेएफई का करार retrieved 19 November 2009^
- Mumbai tops IIFL Wealth Hurun India Rich List 2022 with 283 entrants — a look 10 richest in Maximum City cnbctv18.com, 22 September 2022, retrieved 26 September 2022^
- Kalpana Pathak. Sajjan Jindal appointed chairman of World Steel Association mint, 13 October 2021, retrieved 26 September 2022^
- Nicolas Golob. Posco Holdings chief elected worldsteel chairman EUROMETAL, 19 October 2022, retrieved 31 October 2022^
- Shehla Rashid Shora, Arshia Arya, Joyojeet Pal. Institutional isomorphism in corporate Twitter discourse on citizenship and immigration in India and the United States Global Policy, August 2023^
- James Crabtree. The Jindal brothers: six things you need to know The Financial Times, 24 July 2013, retrieved 31 March 2025^
- Savitri Jindal & family Forbes, retrieved 14 January 2017^
- Stocks 15 March 2024^
- Prince Mathew Thomas. Sajjan Jindal's Cloning Factory Forbes India, retrieved 31 December 2022^
- India's Man of Steel: Sajjan Jindal BW Businessworld, retrieved 24 March 2023^
- Meet Sajjan Jindal: The son of India's richest businesswoman, Savitri Jindal, and the driving force behind JSW Group's billion-dollar success Financialexpress, 30 July 2023, retrieved 19 August 2023^
- Steel tycoon OP Jindal dies in air crash Business Standard India, 1 April 2005, retrieved 31 December 2022^
- Nabyla Daidj. Strategy, Structure and Corporate Governance: Expressing inter-firm networks and group-affiliated companies CRC Press, 1 July 2016^
- Prince Thomas. The Jindal brothers – a unique family model BLoC, 11 June 2015, retrieved 31 December 2022^
- Sajjan Jindal takes over as new Assocham president The Economic Times, 3 June 2008, retrieved 24 March 2023^
- Sajjan Jindal Krea University - Top university for liberal education, retrieved 28 September 2023^
- BoG IIT Tirupati. IIT Tirupati BoG^
- Enhancing competitiveness can help India become factory of world: Jindal Business Standard, retrieved 29 April 2025^
- Pooja Sarkar. Sajjan Jindal Sees $100 Billion Opportunity For The Indian Industry Forbes India, 4 August 2020, retrieved 29 April 2025^
- Bhupendra Paintola. Sajjan Jindal says India Inc lacks R&D firepower, urges learning from China - CNBC TV18 CNBCTV18, 2026-02-25, retrieved 2026-03-09^
- Lalatendu Mishra. JSW Steel to invest up to ₹60,000 crore in making green steel in Maharashtra The Hindu, 15 April 2025, retrieved 29 April 2025^
- Bodhisatva Ganguli. JSW Group Chairman Sajjan Jindal plans to indigenise electric vehicle technology, set up R&D centres Moneycontrol, 2 December 2024, retrieved 25 June 2025^
- Robin Harding, Roula Khalaf, Chris Kay, John Reed. Indian steelmaker JSW to launch own EV brand Financial Times, 2 December 2024, retrieved 25 June 2025^
- Abhishek Law. Indian steel industry must conquer imports, boost exports, and seize global opportunities: Naveen Jindal BusinessLine, 28 November 2024, retrieved 29 April 2025^
- Pankaj Doval. 'Without tariffs, we will be a dumping ground' The Times of India, 14 January 2025, retrieved 29 April 2025^
- Nevin John. Tariff is the new normal to protect domestic industries: Sajjan Jindal Fortune India, 15 April 2025, retrieved 29 April 2025^
- Bodhisatva Ganguli, Deborshi Chaki. China exploiting FTA route to dump steel in India: Sajjan Jindal Moneycontrol, retrieved 29 April 2025^
- India imposes 12% safeguard duty on some steel products imports for 200 days The Economic Times, 22 April 2025, retrieved 29 April 2025^
- Sajjan Jindal bats for tariffs, says without them India will be a dumping ground: Report Moneycontrol, 14 January 2025, retrieved 29 April 2025^
- JSW beats Adani to bag Rs 4k cr K'taka port project The Times of India, 17 November 2023, retrieved 1 December 2023^
- Sambit Saha. Jindals prepare to give up land in Salboni www.telegraphindia.com, retrieved 1 March 2023^
- Mehak Agarwal. 'This city has so much energy': Here's what JSW Group's Sajjan Jindal has to say about Mumbai Business Today, 17 October 2022, retrieved 1 March 2023^
- JSW Steel LTD. Is one among the largest Indian Steel Companies in India today retrieved 26 February 2009^
- Aman Malik. JSW Neo Energy ramps up wind power portfolio with $75 mn deal VCCircle, retrieved 31 December 2024^
- Pankaj Doval. MG to become local in India: China's SAIC signs JV with Sajjan Jindal to expand in India The Times of India, 1 December 2023, retrieved 1 December 2023^
- JSW enters defence sector with acquisition of majority stake in Gecko Motors Hindu BusinessLine, 25 January 2024, retrieved 26 January 2024^
- IIT Bombay and JSW Group sign partnership to establish first-of-its kind, state-of-the-art technology hub for steel manufacturing in India pib.gov.in, retrieved 26 September 2022^
- IIT Bombay and JSW Group to establish a technology hub for steel manufacturing Business Insider, retrieved 26 September 2022^
- Sajjan Jindal cnbctv18.com, retrieved 24 February 2023^
- Sajjan Jindal World Economic Forum, retrieved 24 February 2023^
- IIM JRD Tata Award for Excellence in Corporate leadership in Metallurgical Industries 2021 Past Recipients List^
- B. S. Reporter. Business Standard Annual Awards 2018: Toasting the spirit of success www.business-standard.com, 2 April 2018, retrieved 24 February 2023^
- MindRush 2019: Business Today Best CEO awards announced Business Today, 14 February 2019, retrieved 24 February 2023^
- JSW Group chairman Sajjan Jindal wins EY entrepreneur of the year award 2022 The Times of India, 23 February 2023, retrieved 24 February 2023^
- Sajjan Jindal wins EY Entrepreneur of the Year Award 2022 www.thehindubusinessline.com, 23 February 2023, retrieved 24 February 2023^
- Rajeev Dubey. Class of 2024: India's Best CEOs Navigate Uncertainty, Volatility Fortune India, 11 October 2024, retrieved 13 October 2024^
- JSW Group Chairman Sajjan Jindal Receives 'Business Leader Of The Decade' Award At Aima Managing India Awards APN News, 22 February 2025, retrieved 22 February 2025^
- ET Awards for Corporate Excellence: Sajjan Jindal — Cast in steel and forged in risk, hues of ambition in a will to drive The Economic Times, 2025-12-18, retrieved 2026-01-05^
- Michael Carney, Marleen Dieleman. De Gruyter Handbook of Business Families Walter de Gruyter GmbH & Co KG, 30 January 2023^