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Ratan Jindal is an Indian businessman and philanthropist. He is the chairman and co-managing director at Jindal Stainless Ltd.
Wiki/Biography
Ratan Kumar Jindal was born on Monday, 31 July 1961 (age 62 years; as of 2023) in India. His zodiac sign is Leo. He completed his Commerce degree from Kurukshetra University. He then graduated from the Wharton Advanced Management Programme at the Wharton School of Management at the University of Pennsylvania, USA.
Physical Appearance
Height (approx.): 5′ 11″
Hair Colour: Salt and Pepper
Eye Colour: Black
Family
Parents & Siblings
Ratan Jindal is the son of Om Prakash Jindal, an industrialist, politician, and philanthropist. Om Prakash is the founder of Jindal Organisation and its ventures. He also served as the Minister of Power for the Haryana government until he passed away in a plane crash in 2005.
Ratan’s mother is Savitri Jindal, who is a businesswoman and politician of the Indian National Congress. Savitri took over the Jindal business ventures after her husband passed away and was named India’s richest woman in 2023 by Forbes.
Ratan is one of nine siblings. Naveen Jindal is an industrialist, philanthropist, sportsperson, and politician of the Indian National Congress. He is the chairman of Jindal Steel and Power Limited (formerly known as Jindal Strips Limited). Sajjan Jindal is the chairman and managing director of the JSW Group. Prithviraj Jindal is the non-executive chairman of Jindal SAW Limited. Seema Jindal Jajodia is a health coach and the owner of Nourish Organics. Ratan’s other siblings include Sarika Jhunjhunwala, Urmila Bhuwalka, and Nirmala Goel.
Wife & Children
Ratan is married to Deepika Jindal who is an entrepreneur. She is the founder of Arttd’inox, which is a brand that deals with luxury stainless steel gifting.
The couple have two children together. Their son, Abhyuday Jindal, is the managing director of JSL Limited. Their daughter, Urvi Jindal Bhatia, is an entrepreneur.
Address
6, Prithvi Raj Road, New Delhi – 110001
Signature
Career
Business
Ratan Jindal holds the positions of chairman and co-managing director at Jindal Stainless Ltd. He also serves as the non-executive chairman for Jindal Stainless (Hisar) Ltd. and is the managing director and director at Jindal Stainless FZE, both subsidiaries of Jindal Stainless Ltd. He is actively involved in various organizations, such as the Young Presidents’ Organization, World Steel Association, Confederation of Indian Industry, Nickel Development Institute, PHD Chamber of Commerce & Industry, and Indian Stainless Steel Development Association. He also sits on the board of 14 other companies. Ratan’s leadership led Jindal Stainless to become the largest integrated stainless steel producer in India, securing a spot among the top 10 global stainless steel producers. Under his guidance, the company evolved and began catering to an international audience with an annual capacity of 1.1 million tonnes. He is well known for his technical proficiency and deep understanding of customers and markets. His focus goes beyond producing world-class stainless steel products to advocating the versatile use of stainless steel in various applications. In an interview, he said that he wished to produce corrosion-resistant, durable, infinitely recyclable, and inherently stainless steel products.
Philanthropy
In line with his father’s legacy, O.P. Jindal, who emphasized uplifting weaker sections for national prosperity, Ratan Jindal has integrated Corporate Social Responsibility (CSR) into Inclusive Management. He is the chairman of a 600-bed, multi-specialty charitable hospital and oversees two large schools. He has established numerous schools to ensure that over 4000 students, regardless of their backgrounds, receive quality education.
He also helps with the empowerment of local communities through initiatives like technical & vocational training, micro-financing, livelihood generation, tailoring, farming and poultry training, and environmental conservation efforts, all done under the Jindal banner.
Controversy
Zee News Controversy
In 2012 the Jindal Group filed an FIR against Sudhir Chaudhary, the then head of Zee News, and Samir Ahluwalia who was the head of Zee Business. After the FIR, the Jindal Group, during a press conference showcased a video in which the two accused journalists were seen demanding a bribe of Rs. 100 crore to not link their firm to the coal scam. Thereafter, Zee News filed a defamation case against Jindal Steel & Power Ltd (JSPL), Ratan Jindal, Naveen Jindal, and 13 others, and demanded Rs. 150 crore for defaming the journalists. Reportedly, Naveen Jindal filed a Rs. 200 crore defamation case against Zee News. After the filing of the FIR, both the journalists were arrested by the crime branch of the Delhi police. However, they were released on parole later on. In 2018, an out-of-court settlement was reached after which the Jindal Group clarified that it was all a “miscommunication”.
Facts/Trivia
- Ratan Jindal is interested in sports and is an avid golfer. He also plays cricket and tennis.
- Ratan used to be the director of Jindal Steel and Power Ltd (JSPL) but resigned in 2016.