Jindal Stainless (Hisar) Limited

Jindal Stainless (Hisar) Limited (JSHL) was established in 1975 when Shri OP Jindal envisioned a self-reliant India, capable of fulfilling its stainless steel demand. Stainless steel, then, was no less than a luxury metal and India was completely dependent on imports to meet its demand which attracted duties up to 300%. It was Shri O P Jindal's vision and his pioneering spirit that led to the establishment of JSHL, India's first stainless steel manufacturing unit.

Since its inception, JSHL has worked on a strategy of both backward and forward integration; starting from melting, casting, hot rolling to cold rolling and other value additions. Today, JSHL is an integrated stainless steel plant with a melting capacity of 8,00,000 tonnes per annum. It is also the world's largest producer of stainless steel strips for razor blades and India's largest producer of coin blanks, serving the needs of Indian and international mints. JSHL’s Specialty Product Division caters to the high-end precision and specialty stainless steel requirements of reputed Indian and international customers. The product range includes slabs and blooms, hot rolled coils, cold rolled coils, plates, blade steel, coin blanks, and precision strips.

Going forward, the Company plans to continue its focus on development of new value-added stainless steel grades, process improvements, and customer satisfaction by developing customised products matching their specific requirements.

Board of Directors

Mr. Ratan Jindal

Chairman

A Commerce graduate and alumni of Wharton School of Management, Mr. Ratan Jindal is the Chairman of India’s largest stainless steel manufacturing group, Jindal Stainless. Part of the USD 25 billion (March'19) OP Jindal Group, the foundation of Jindal Stainless was laid with its incorporation in 1970. Under his stewardship, the Company has grown from a producer of basic stainless steel products to a USD 2.70 billion (March'21) Company providing state-of-the-art stainless steel solutions.


Known for his technical proficiency and intimate knowledge of customers and markets, Mr. Jindal is synonymous to stainless steel in India. As a vanguard of innovation in the steel industry, his focus has not only been on producing world-class stainless steel products, but also on promoting the usage of stainless steel in myriad applications. His vision for Jindal Stainless is to improve the lives of people by producing and promoting a metal that is corrosion resistant, durable, infinitely recyclable, and inherently stainless.

Having established the Jindal Stainless facility in Hisar (Haryana, India) as the only specialty stainless steel maker in the country, Mr. Jindal set up the Jindal Stainless facility in Jajpur (Odisha, India) in 2011. Today, the two plants employ over 12,000 people, and have a capacity to produce 1.9 million tonnes of stainless steel. The company provides home and kitchen solutions through its subsidiary, JSL Lifestyle Limited. Mr. Jindal has expanded the frontiers of Jindal Stainless to reach a global audience. Apart from operations in Indonesia, the company has sales offices and service centres across the globe.
Social commitments remain as central to Mr. Jindal’s businesses as they were to the founder of the Jindal Group, Shri OP Jindal. Established in Hisar, by the group, the 600-bedded multi-specialty charitable hospital and the renowned VDJ School (VDJS) and the OP Jindal Modern School stand testimony to this commitment. The group undertakes several initiatives at the plant level to empower local communities through self-reliance. The interventions include technical & vocational training, micro-financing & livelihood generation, tailoring, farming & poultry training, and environment conservation drives.

True to his sportsman spirit, Mr. Jindal is a keen golfer and takes avid interest in tennis and cricket.

Mrs. Deepikaa Jindal

Director

Mrs. Deepikaa Jindal is an Arts graduate with a versatile experience in corporate and business management. As Managing Director of JSL Lifestyle Limited, subsidiary of Jindal Stainless, hers is a name to reckon with when it comes to design. Under her able guidance and vision, ‘Arttd’inox’, JSL Lifestyle Limited’s premium brand, has become one of India’s first blended lifestyle stainless steel accessories brand, with a world-class manufacturing unit. The brand has presented the country with first-ever luxury stainless steel modular kitchens and furniture. Under her aegis, Arttd’inox has won several distinguished awards such as EDIDA, India Design Mark, Red Dot (honorary award), PDH Astitva, etc.


Following her passion to promote stainless steel in all its forms, she founded ‘The Stainless’ an art gallery, where she patronizes artists to create beautiful pieces of art in this material, while providing them with all infrastructural and financial support.


Mrs. Jindal is the Chairperson of OP Jindal Modern School and Vidya Devi Jindal School, Hisar. She is also the Chairperson of OP Jindal Cancer Hospital, NC Jindal Institute of Medical Care & Research, a 250 bed Multi Specialty Hospital. Ever dedicated to the society, Mrs. Jindal is also the Chairperson of Jindal Stainless Foundation, the CSR arm of Jindal Stainless.

Mr. Abhyuday Jindal

Managing Director

A Boston University graduate in Economics and Business Management, Mr. Abhyuday Jindal has vast experience in the areas of project management, supply chain systems, and strategic & general management. Currently, he is the Managing Director of Jindal Stainless (Hisar) Limited. He is also the Co-Chair for FICCI's Steel Committee.


Mr. Jindal started his career with the JSW Group. There, he played a prominent role in the stake acquisition of Ispat Industries and the post acquisition integration of JSW and Ispat. He then moved on to the Boston Consulting Group, where he managed project consultancy for diverse industries, including cement, steel, wind turbines, and auto components. Having gained a deep understanding of the industrial manufacturing arena, Mr. Abhyuday Jindal entered the USD 2.70 billion (as of March' 21) Jindal Stainless Group as a Management Trainee.


Driven by the ambition to go beyond the ordinary, Mr. Abhyuday Jindal took multiple strides for improving supply chain and operational efficiencies. Today, he is shaping Jindal Stainless into a far more dynamic, responsive, predictive, and solution-based organization. As a leader in the stainless steel landscape of the country, Mr. Jindal has explored and unlocked new avenues for providing stainless solutions to stakeholders with the vision to improve lives. Helmed by him, the Group has built uncontested market leadership, and made foray into new fields. It was under his stewardship that JSHL bolstered its unique competitive advantage in the manufacturing of special stainless steel grades for nuclear and defence sectors.

Strongly rooted in the Indian soil, Mr. Jindal’s community-centric transformational approach has led to the development and sustenance of several empowerment initiatives in and around its production facilities. His signature style has endeared him further among employees. He personifies open and participative management, a consistent culture of dialogue and feedback, and a relentless march towards continuous improvement. Mr. Jindal also serves as the Vice President of the Infrastructure Industry and Logistics Federation of India, endeavoring to forge stronger and wider public-private partnerships.

Mr. Jayaram Easwaran

Director


Mr. Jayaram Easwaran, an alumnus of the Indian Institute of Management, Bangalore (IIM-B), has over three decades of leadership experience across various functions in global corporates. These include heading Corporate Marketing at the Eicher Group, HR at Sutherland Global Services and Tality India, Corporate Planning and Communications at Aricent Inc, and serving as the Joint MD and CEO at Maadhyam Advertising.

A well-known management consultant and speaker, he has also been a winner of the National Competition for Young Managers by Business India and AIMA. Mr. Easwaran is also the author of ‘Inside the C-Suite’ published by Harper Collins.

Mr. Jayaram Easwaran is also on the Board of Jindal Stainless Limited.

Dr. Rajeev Uberoi

Director

Dr. Rajeev Uberoi has been working as Senior Group President - Governance and Controls, of Yes Bank Limited since July, 2019. Prior to joining Yes Bank Limited, he has worked with IDFC Bank Limited as General Counsel and Group Head- Legal and Compliance since 2009. In his previous experiences, he has worked with several domestic and multinational banks such as Standard Chartered Bank, Union Bank of India, State Bank of India; Reserve Bank of India as Asst. General Manager, Dept. of Banking Supervision, Citibank as Vice President & Regulatory Head; ANZ Grindlays Bank as Head- Risk Management & Compliance - India. Dr. Uberoi is also a profound writer and has a lot of publications to his credit. He is also a member of various committees and has been active on the Speaker circuit. He is a recipient of many accolades and awards and his contribution to the legal fraternity has been recognized in the Industry.


Dr. Uberoi is a lawyer and a Canadian Commonwealth Scholar with a Masters from McMaster University and a Ph.D. in Economics. He also possesses a Post Graduate Diploma in Business Administration from the Management Development Institute (MDI). He is also on the Board of MPCON Limited, IFCI Infrastructure Development Limited and NICDC Haryana Global City Project Limited. He had been on the Board of other reputed organizations like Jindal Stainless Limited and Management Development Institute (MDI), Gurugram as well.

Ms. Bhaswati Mukherjee

Director

Ambassador Bhaswati Mukherjee (DIN: 07173244), aged 68 years, is a post graduate (First Class) in History from Delhi University and has a Degree (Superior) in French History and Civilization from Sorbonne University, France. Ms. Mukherjee joined the Indian Foreign Service in 1976 and was India's Ambassador to UNESCO, Paris, from 2004 to 2010 and subsequently, India's Ambassador to the Netherlands, The Hague from 2010 to 2013.

She completed FICCI's course on 'Woman and Corporate Governance'. She successfully cleared with distinction Ministry of Corporate Affairs online proficiency test for Independent Directors in October 2020.

She has served as Independent Director in Sona BLW Precision Forgings Ltd. till August 2019. Apart from Petronet LNG Limited, she is presently an Independent Director in the Boards of Jindal Stainless Limited and JK Laxmi Cement Limited, both listed companies as well as Udaipur Cement Works Limited. She is a member of Audit Committee, CSR Committee and Nomination and Remuneration Committee in the above Companies.

Ms. Mukherjee worked successfully on Indentured Labour Route Project for UNESCO and Government of Mauritius. She has been a senior consultant to MGIEP, UNESCO and DFID.

A prolific writer, she has authored 3 books. 'India and EU: an Insider View' commissioned by Indian Council of World Affairs, a leading Indian think tank and published in August 18 in English and Hindi is a best seller. Her second book, also a best seller was ‘India and EU in a Turbulent World’ was published by Palgrave Macmillion in 2020. Her latest book, 'Bengal and its Partition: an Inside Story' published by Rupa and released in March 21, is a global best seller. She is currently writing on “Indenture and its Route: a Relentless Quest for Identity” for Rupa Publications.

She has also published over 100 articles, columns reports and monographs in leading national and international publications.

A natural orator, Ms. Mukherjee is a political commentator on TV on Indian Culture and Civilization, the India EU relationship, Brexit, India's interests in the Indo Pacific, the Chemical Weapons regime, nuclear issues and the changing contours of India's Foreign Policy, apart from security issues of concern to India.

Ms. Mukherjee has participated in briefings, seminars, round tables on questions relating to India and the EU, India and its neighbours, the United Nations Human Rights Programme, the human rights of women and the girl child as well as issues relating to UNESCO's areas of competence, particularly in Education and Culture.

Ms Arti Luniya

Director

A post graduate in International Relations from the Jawaharlal Nehru University, Delhi, Ms Luniya has 38 years of rich experience in the steel industry. Being an effective strategist, Ms Luniya has worked across various functions in the Steel Authority of India Ltd.(SAIL). From corporate communications, marketing and sales, to coal procurement and risk management, Ms Luniya has rare insights into the supply chain and lifecycle of products in the steel industry. Additionally, she was also an Advisor to Evidence for Policy Design (EPoD) at Harvard Kennedy School of Public Policy. She has been associated with Jindal Stainless since July 2018.

Mr. Jagmohan Sood

Whole Time Director

Mr. Jagmohan Sood did his graduation in Metallurgical Engineering in the year 1989 with excellent academic records. After graduation, he joined IIT Mumbai to pursue Masters in Material Technology. He started his professional career with SAIL and spent almost 5 years there. He has been associated with Jindal Group since 1995 and moving through various departments and functions, enriching his experience in the industry, rose to hold the current position. He has a rich experience of steel and stainless steel industries, spanning more than 27 years.