India's Top Family Run Businesses

By siliconindia   |   Wednesday, 09 November 2011, 00:31 IST
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Savitri
5. Jindal Group Jindal Group was founded in 1952 by OP Jindal. After OP jindal's death in 2005 in a helicopter crash much of his assets were transferred to his wife, Savitri Jindal, the widow of OP jindal. She was ranked as the 19th richest Indian person by Forbes. Naveen Jindal is the Managing Director of Jindal Steel and Power limited. Naveen's elder brother Sajjan Jindal is currently the head of ASSOCHAM, an influential body of the chambers of commerce, and the head of JSW Group, part of O.P. Jindal Group. The company manufactures and sells sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural, hot rolled plates and coils and coal based sponge iron plant. Jindal steel and power limited is also engaged in power generation. Jindal Group has manufacturing outfits across India, US and Indonesia offices across the globe.