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 2.79 billion (March'20) 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 2.79 billion (as of March' 20) 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.

Maj. Gen. Kanwaljit Singh Thind, VSM (Retd.)

Director

Maj. Gen. Kanwaljit Singh Thind, VSM (Retd.) has over 37 years of experience with progressive leadership in the domains of strategic and operational management, human resource management, and organizational development including financial planning of procurement procedures. He has recently retired as General Officer Commanding (CEO) from the Indian Army. During his tenure, he successfully served in various fields as CEO of an Army formation (Western Sector). He was also awarded with the Vishisht Seva Medal (VSM) in recognition for his outstanding contribution and devotion to duty.


Maj. Gen. Kanwaljit Singh Thind, VSM (Retd.) is a post graduate in Defence Studies from University of Madras and has completed M.Phil in International Relations & Security. He is a keen cricketer and has led Haryana Cricket Team at the national level.

Mr. N C Mathur

Director

Mr. N C Mathur is the former President of Indian Stainless Steel Development Association (ISSDA). He is also the Chairman of Steel Furnace Association of India (SFAI).
A Graduate with B.Tech (Hons.) from India’s leading University- Birla Institute of Technology and Science (BITS), Pilani- he has worked with leading Indian industrial houses for over 50 years and has been associated with the stainless steel Industry for over 40 years.


He has been invited to speak in global conferences that discuss stainless steel, nickel, and ferro-alloys worldwide since 1994. He has presented papers in over 40 international events organized by Metal Bulletin, CRU, SMR, and stainless steel associations in China, Russia, Japan, S. Korea, UK, EU, USA, Brazil, Australia, Thailand, Malaysia, Singapore, and South Africa.


He has been associated with the ‘Market Development Committee’ as well as the ‘Economics & Statistics Committee’ of ISSF (International Stainless Steel Forum), a global stainless steel industry association based in Brussels, Europe for the last 11 years.

Mr. Girish Sharma, IRS (Retd.)

Director

Mr. Girish Sharma, IRS (Retd.), is a Commerce graduate from Delhi University and has completed his Masters in Marketing and Business Management from the Faculty of Management Studies, Delhi University.


Mr. Sharma served in the Indian Revenue Service (IRS) in various capacities (and retired as Chief Commissioner of Income Tax, Delhi) looking after tax administration, analysing revenue planning and enhancement, and investigating and laying parameters for monitoring financial systems. During his service, he was also on deputation as Director with the Ministry of Chemicals & Fertilizers, handling Corporate Affairs and disinvestment of Public Sector Undertakings (PSUs). He gained hands-on experience with corporate management functions as a Director on the Board of a few PSUs and as Chairman & Managing Director, Pyrites Phosphates and Chemicals Ltd.

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.

JSHL’s Subsidiaries

Jindal Stainless Steelway Limited

Jindal Stainless Steelway Limited (JSSL), JSHL’s service centre network, offers convenient, customized, and just-in-time services to our customer’s doorsteps. The Company has partnered with Steelway S.R.L., a leading Italian Company in the business of distribution and processing of steel, to service its valued customers with exact slit, cut-to-size, polished stainless steel sheets, coils and blanks conforming to highest standards of processing tolerances.

The Company’s service centre facilities in Gurgaon, Mumbai, Chennai, Hisar, Jajpur, and Vadodara are installed with state-of-the-art, high-end precision slitting, cut-to-length, blanking and polishing lines supplied by leading equipment manufacturers such as FIMI and IMEAS of Italy and IDH and Daehwa of South Korea. The overall capacity of processing lines i.e. slitting, cut-to-length, circle cutting, and polishing lines across the domestic network is 4,26,000, 1,37,000, 3,000, and 7,200 MT per annum respectively.

JSL Lifestyle Limited

JSL Lifestyle Limited is another subsidiary of Jindal Stainless (Hisar) Limited. Headed by Ms Deepikaa Jindal, the Company is known for its uber luxury products. It has also created a strong presence in sectors like ART (Automotives, Railways, and Transport), ABC (Architecture, Building and Construction), and retail. JSL Lifestyle Limited creates spaces that use stainless steel as the core ingredient; be it modular kitchen, kitchenware, home and footprint office accessories, or cooking utensils. Launched in 2003 by Ms Deepikaa Jindal, Arttd’inox is the first B2C brand from of JSL Lifestyle Limited. With the objective to spread out the arena of stainless steel from kitchen shelves to the entire house and office, Arttd'inox has brought about excellent designs and forms in stainless steel tableware and home décor products in India.