Jindal Steel
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Jindal Steel and Power Ltd. | |
Type | Private |
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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 | $4 billion (2006) |
Employees | 7000 |
Website | JindalSteel.com |
Jindal Steel and Power Ltd., is India's third largest steel maker after Steel Authority of India Limited and Tata Steel. The company manufacturers sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, and coal based sponge iron plant.
On June 3, 2006, Bolivia granted development rights for its largest, and one of the world's largest iron ore reserves to Jindal Steel. The company plans to invest $2.3 billion over the next two years in the South American country.
Savitri Jindal is the 19th richest Indian in the world according to Forbes.