Our team will give you details about where JSW Company started and where it has reached now Now let’s know about JSW and its other name Jindal Group JSW Company was started on August 17, 1930, by Om Prakash Jindal, a farmer’s son of NALWA, a small district village in Haryana. JSW Company
When Om Prakash Jindal was born in 1930, India was under British rule. When our country became independent in 1947, many people were starving and no one had any work Industry and revolution were very important after the country’s independence, after which big industries and companies like Tata and Birla started operating. Om Prakash Jindal also started his own business Om Prakash Jindal’s dream was how to give work to the people of that time. JSW Company
But a problem started appearing before Om Prakash Jindal because he was a farmer’s son and he didn’t have much money and more importantly he needed a lot of money to start a big company. Starting a company required a lot of money so Om Prakash Jindal moved to Kolkata with his three brothers and started working in steel.
JSW Company’s Struggle Story
After working in steel for a few years in Calcutta and saving some money, in 1952 he started a small factory where he started making buckets. While working, Omprakash Jindal found a steel pipe marked Made in England and Omprakash Jindal thought to himself, we can’t make steel pipes that small.
Then in 1964 pipe factory started at Lilua with a site next to Lilua station The name of the pipe factory was Jindal Indian Limited Initially this factory did not make any pipes by itself He used to bring scrap steel from the Tata company Indian Tube Limited to this factory and reshape the steel pipe sets. And sells at higher prices in the market. JSW Company
Thus a company starts small and after some time Tata Company comes to know about the matter and Omprakash Jindal asks to discuss the matter on behalf of Tata Company. It is said in the discussion that Om Prakash asked Jindal not to sell pipes of the Tata company in this way. There was talk from the Tata company that they couldn’t sell more than two feet of pipe, and Omprakash Jindal had no choice but to say yes.
Omprakash Jindal started making various sizes of sockets with 2 feet pipe of Tata company and sold these sockets very well what were the company’s sockets abroad? After some time Indian Tube Limited also refused to supply the product and stopped the supply of the product From this small company, Om Prakash Jindal and his family and his four brothers made a very good living. A decision by the Tata company created more problems for the Om Prakash Jindal family. JSW Company
The factory he started was about to close again and he decided to create his own steel company, a steel company. It then started making steel pipes and sockets, starting on a much smaller scale Back then big companies used big machines, those machines came to India from abroad and the cost was very high.
Om Prakash Jindal’s wife Savitri Jindal
Omprakash Jindal already understood where something went wrong with the machine and he was very interested in the machine Again to set up his own business he built the factory structure himself and made all the necessary machinery himself. Jindal Strips Limited started a company called Hisar at a place in Hisar And gradually the company continued to grow as all the steel products were made with Indigenous creations. JSW Company
In 1991 the situation in India was very bad and it was very difficult to import large foreign machines so Omprakash Jindal started manufacturing machines himself in 1952 and started selling Indian machines in India and also abroad. Then slowly people’s income started to rise and India started to grow very well Om Prakash Jindal was a very good man and stood for people
Jindal was a three-time MLA and one-time MP from Haryana district Still the business did not suffer as his four sons’ businesses were doing very well On 31 March 2005, he was in a helicopter and was struck by lightning. Before his death, Omprakash Jindal had already strategized how to take the company forward. JSW Company
Before his death, he divided the entire property equally among his four sons and the entire property would remain with his mother as long as Savitri Jindal was alive. This is why the Jindal group is still together today After the death of Om Prakash Jindal, his wife Savitri Jindal took all the burden on her shoulders.
All members of the Jindal Group family
The profits of the company are divided equally among the four sons and his mother under those shares. Now let’s find out what the four brothers got in the property First let’s talk about the elder brother and elder brother’s name was Prithviraj Jindal This steel company was started in Mathura in 1984 under Bara Bhai Jindal Co Ltd. The company is now known as Flexible Pipe and deals in transporting water and oil minerals from one country to another.
This pipe is also transferred abroad Jindal now manufactures a portfolio of over 100 types of pipes BPCL GAIL HPCL IOCL Listed on the Indian Stock Exchange 13570 crores from the lowest network is the lowest among the four brothers The name of brother number two is Sajian Jindal Sajian Jindal was the only engineering student in the family He said that I will do something different from everyone and his father sent him to Mumbai
Piramal sent him there to sell re-rolling steel It was known as Jindal Iron and Steel Company Another Jindal Vijaynagar Steel Limited company was established due to Sajian Jindal And in 2005 JISCO Plus JVSL Equals JSW Steel was named a big company and this company is still operating in the market.
To divest this business, JSW Energy Supply formed JSW Infrastructure in 1994 in 1999 His job was to work on CPR roads and connections to the airport This company handles large projects He further divided the business and now works in many more sectors This brother has a total network worth of 23 billion dollars and more than all the brothers. JSW Company Now you see Indian players in the Paris Olympics with JSW written on the chest or side of Olympic players because JSW supports these players a lot and opens a good academy.
Sajian Jindal is now the owner of JSW
A third brother named Ratan Jindal owns India’s leading steel company JSL Jindal Stainless Company. The $5.38 billion company employs 20,000 people in the $5.38 billion company that ships and exchanges in 15 countries.
Let me tell you the younger brother’s name is Navin Jindal Jindal was given steel and power under the younger brother The company generates 1634 MW of electricity through railway parties and steel works Its smaller sibling network has revenues of $8.9 billion and employs 21,000.This is how a small company becomes a big company
