Savitri Jindal
India
Net Worth
$18B
Source of Wealth
Jindal Group
Global Rank
#66 of 100
About Savitri Jindal
Savitri Jindal is the chairperson of the Jindal Group, one of India's largest industrial conglomerates, and one of the wealthiest women in Asia. Born in 1950 in Assam, India, she assumed leadership of the Jindal Group following the tragic death of her husband, Om Prakash Jindal, in a helicopter crash in 2005. Under her stewardship, the group has not only survived but thrived, growing into a global industrial powerhouse with major operations in steel, power generation, cement, and infrastructure.
The Jindal Group, originally founded by Om Prakash Jindal in 1952, has become one of India's most important industrial contributors. The conglomerate includes four publicly listed companies — JSW Steel, Jindal Steel and Power, JSW Energy, and JSW Holdings — collectively representing one of the largest private sector steel and energy portfolios in India. JSW Steel, under the leadership of her son Sajjan Jindal, has grown to become India's largest private sector steel manufacturer, with production capacity exceeding 28 million tonnes per annum.
Savitri Jindal's leadership style combines traditional Indian family values with modern corporate governance. She has maintained unity among her four sons, each of whom manages a different arm of the Jindal empire, ensuring that the family's collective strength exceeds what any individual could achieve alone. Her role as the matriarch who holds together one of India's great industrial families while guiding a multi-billion-dollar enterprise has earned her immense respect in Indian business circles.
Key Achievements
Steward of a Great Indian Industrial Empire
Successfully led the Jindal Group through the transition following her husband's death, maintaining unity and guiding the conglomerate to unprecedented growth across steel, power, and infrastructure.
India's Largest Private Steel Portfolio
Under her oversight, the Jindal Group companies collectively became one of India's largest private sector steel producers, with JSW Steel alone exceeding 28 million tonnes of annual capacity.
Major Contributor to India's Infrastructure
The Jindal Group's steel, power, and cement operations have been instrumental in building India's modern infrastructure, from highways and bridges to power plants and urban development.
Preserved Family Unity and Business Cohesion
Maintained cooperation among her four sons, each leading a different division of the Jindal empire, creating a model of family business governance that many Indian conglomerates aspire to emulate.
Notable Quotes
“My husband built this group with his vision and hard work. My duty is to keep the family united and ensure that his legacy continues to grow for the benefit of all.”
— Savitri Jindal
“Steel is the backbone of a nation's development. India's growth story cannot be written without the steel industry.”
— Savitri Jindal
Key Decisions
Assumed chairpersonship of the Jindal Group after the death of her husband Om Prakash Jindal, providing leadership continuity during a period of immense uncertainty for the family business.
Organized the division of the Jindal Group among her four sons, ensuring each had a clear area of responsibility while maintaining the family's collective strength and strategic cooperation.
Oversaw massive capacity expansions across the Jindal Group, with JSW Steel growing to become India's largest private steel producer and JSW Energy expanding its power generation portfolio.
Supported the group's investments in green steel and renewable energy, positioning the Jindal companies at the forefront of India's sustainable industrial development.
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