Savitri Jindal, The Woman Who Held Her Own In A 'Man's World' & Went On To Create An Empire Like No Other
India's richest woman Savitri Jindal took over her husband Om Prakash Jindal's steel and power conglomerate after his sudden death in 2005. Savitri Jindal's net worth ballooned by? $12 billion in just the last two years. With a net worth of $18 billion, Jindal is India¡¯s richest woman and the only woman in the top 10 of Forbes¡¯ list of richest Indians in 2021.
Savitri Jindal¡¯s net worth more than tripled from $4.8 billion in 2020 to $17.7 billion in 2022. Like many other billionaires, Savitri Jindal also saw her fortune rise in the first half of 2021.
Take a look at the remarkable story of Savitri Jindal - the woman who stepped out of the shadow of the house and take control of a flourishing business empire.
And Savitri Jindal is a wonderful example of being a woman in a self-proclaimed man's world is Savitri Jindal - the Chairperson Emiretus, Jindal Steel & Power Limited.
Today's we share the journey of Savitri Jindal, one of the few Indian housewives having stepped out of the domestic threshold only to enter the family business and became one of the world¡¯s wealthiest women on Forbes billionaire list 2018.
Savitri Jindal's journey
Born on March 20, 1950, Savitri Devi Jindal grew up in Tinsukia town of upper Assam. Savitri Jindal married OP Jindal in the 1970s, who had founded the Jindal Group, a steel and power conglomerate. OP Jindal was a minister in the Haryana Government and a member of the Haryana Vidhan Sabha from Hisar constituency.
The mother of nine children was 55 years old when her husband, Om Prakash Jindal, the founder of the Jindal Group, died in a helicopter crash in 2005. After her husband¡¯s sudden demise, Savitri Jindal discovered a whole new world where she found herself as a politician, social activist and billionaire at the age when grey-haired people plan to retire from household or professional duties.
Savitri Jindal a lady filled with simplicity and cultural essence is today one of the richest Indian women with a net worth of $18.3 billion.
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The rise and rise of Jindal Group
The Jindal group was a business conglomerate that prided on its humble roots. The Jindal empire was built from scratch by the late Om Prakash Jindal, who was born to a farmer at Haryana's Nalwa village on August 7, 1930.
He took his first step into the world of business at the age of 22, when he set up a small bucket-manufacturing unit in Hisar. He followed it up by establishing Jindal India Limited, a pipe-production unit, in 1964. Five years later, the Jindal patriarch set up his first big factory in then Calcutta, and thus began the illustrious history of the group.
Some of the flagship companies of the Jindal group are Jindal Saw Limited, JSW Steel, Jindal Stainless Steel Limited and Jindal Steel and Power Limited.
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An outstanding personality with strong values
After the sudden death of OP Jindal in 2005, Savitri Jindal - an outstanding personality with strong values, is committed to taking forward the values of OP Jindal. Inspired by her humane approach to entrepreneurship, the group's turnover increased four times after she took over as the chairperson and the conglomerate established leadership positions in different businesses. Many group companies expanded overseas by acquiring mines in Chile and Mozambique.
After establishing the business, Savitri Jindal entered politics to follow the footsteps of her husband and contested the Hisar assembly seat of Haryana on a Congress ticket from where she won twice, in 2005 and 2009.?
She became a minister in the Bhupinder Singh Hooda government twice. During her tenure, she held the portfolios of minister of state for revenue, disaster management, rehabilitation and housing in 2006 and minister for urban local bodies in 2013.
One of the richest women
The matriarch of the Jindal Group is one of the richest women in the country; in 2010, Forbes magazine listed her as the fourth richest mother in the world.
?"Where others saw walls, he saw doors" - with this success mantra of her late husband OP Jindal, Savitri Jindal is taking the Jindal Group forward and even helping the common man in every possible way.
Not only in business and politics, Savitri Jindal personally takes interest in philanthropic activities to help the needy. She is involved in building schools, medical institutions and successfully running them run by Jindal Group.
At the age of 71, Savitri Jindal remains aloof from the business matters and keeps herself engaged in overseeing the various social welfare programs in education and healthcare initiated by the Jindal Group founder for their factory workers and the needy. She does also remain focused on ensuring family integrity and unity among her children and grandchildren.
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