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Thursday, January 13, 2011

Jindal Steel and Power

Jindal Steel and Power

Headquaters--New Delhi, India

Tonnage--Third largest steel producer in India, also involved in power generation


Major Acquisitions--
 In 2006, Bolivia granted development rights for one of the world's largest iron ore reserves in the El Mutún region to Jindal Steel.
Acquired Shadeed Iron & Steel Co. LLC (SISCO), a company incorporated under the laws of the Sultanate of Oman.


Global Presence-- India, China, Bolivia, South Africa, Zimbabwe, Congo, Jakarta.


Revenue--US$2.3 billion 


Star fact--Savitri Jindal, the widow of O. P. Jindal, is ranked as the 19th richest Indian person according to Forbes

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