Jindal Steel and Power Limited
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| Jindal Steel and Power Ltd. | |
|---|---|
| Type | Private |
| Founded | 1952 Hisar, Haryana, India |
| Headquarters |  Hisar, Haryana, India |
| Key people | Savitri Jindal, Chairman P.R. Jindal, Sajjan Jindal, Ratan Jindal, Naveen Jindal |
| Industry | Metals, Energy, Ports |
| Products | Steel and Power |
| Revenue | ▲ रू. 86.995 billion (~ US$4 billion) (F.Y. 2007) F.Y. 2006 |
| Employees | 7000 |
| Website | JindalSteel.com |
Jindal Steel and Power Limited., is India's third largest steel maker after Tata Steel and Steel Authority of India Limited The company manufacturers sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, and coal based sponge iron plant. The company is also involved in power generation.
It was founded by O. P. Jindal (1930-2005), who started with a bucket making unit. in 1969 he started Pipe Unit Jindal India Limited.
On June 3, 2006, Bolivia granted development rights for its largest, and one of the world's largest iron ore reserves in the El Mutún region to Jindal Steel. With an initial investment of US$ 1.5 billion, the company plans to invest an additional US$ 2.1 billion over the next two years in the South American country.[1]
Savitri Jindal is the 19th richest Indian in the world according to Forbes.
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