Role of a successful entrepreneur

By Divyansh AgrawalX Rabindranath Tagore

Roll No:21UID: 6191436

Entrepreneurship is the joint activity of risk taking and control.

An entrepreneur can utilize valid resources for:-

Investment Capital formation Controlling scale of production Generating employment Regional development Import substitution and export

promotion

Importance of entrepreneurship

Sajjan Jindal

An accomplished businessman and a 2nd generation tycoon and

entrepreneur, Sajjan Jindal is the chairman and managing director of JSW group in India.

Jindal had the foresight to lead the Indian steel industry, and JSW in particular, on a revolutionary journey, transforming India’s manufacturing philosophy.

The man himself- who is he?

B.E in Mechanical Engineering from M S Ramaiah Institute of Technology, Bangalore

After his graduation he joined the Jindal organization. He moved to Mumbai to look after the western region operations of O.P. Jindal Group in 1983.

He promoted Jindal Iron and Steel Company Ltd. (JISCO), for manufacturing of Cold Rolled and Galvanized Sheet Products in 1989.

He promoted JVSL, JSWEL, JPOCL and VMPL to ensure complete integration of the manufacturing progress in 1995.

Education and early days

chairman of the sustainability committee of the world steel association

president of the INSDAG

council member of the Indian institute of metals.

Ex-President of ASSOCHAM

As of NOW in Business…

A $11 billion conglomerate, JSW Group is a part of the O.P. Jindal Group.

With a workforce of over 40,000 individuals representing multiple nationalities, JSW is known to be the “strategic first mover” to venture away from status quo.

JSW Group

VISIONGlobal recognition for Quality and Efficiency while nurturing Nature and Society

MISSIONSupporting India's growth in core economic sectors with speed and innovation.

CORE VALUES TransparencyStrive for ExcellenceDynamismPassion for learning

‘The Man of Destiny’- O.P. Jindal founded Jindal Proprietorship by setting up factory at Liluah and hissar.

It was then taken over and supported by Sajjan Jindal, who founded JSW.

JSW steel started with a small plant at Vasind and Tarapur, with the merger of JISCO and JVSL.

When it all began…

Major products and services

products brands

Hot rolled Cold Rolled

Galvalume Neosteel

The 2014 National Metallurgist Award: industry- Sajjan Jindal

Largest integrated steel plant in India- Vijayanagar steel plant (2015)

Largest steel producer in India and fifth largest in the world- JSW steel

Largest private Hydro- electric Indian company-JSW energy (2015)

Awards and achievements

The JSW Foundation is the social development division of the group, chaired by Mrs. Sangeeta Jindal.

theme- ‘janam se janani tak- jsw aapke sath.’

Corporate social responsibility of the group companies drives them to uplift women and children in the direct influence zone of the plant locations.

Working for the SOCIETY

JSW Vidya Mandir

Steering the Vasind area, JVM was founded in 1989, and is affiliated to CBSE board Delhi.

JVM endeavors to provide highly dedicated and qualified faculty with a wide range of skills and interest, a varied and wide choice of academic activities aesthetic and athletic environment, enriched with excitement of discovery, challenge, competitiveness and discipline based on the belief that respon- -sibility comes before freedom. The first batch of CBSE appeared for their AISSE Examination in March 2008 and the result was 98.14%.

Piercing through the teaming hopes and expectations of the Hero I-league, India’s largest men’s football league, is JSW’s Bengaluru FC, that won its inaugural session in 2013 against Sporting Goa.

Let’s Football! Bengaluru FC

JSW hasn’t been able to secure iron mines so far.

Recently, JSW was mired in a serious controversy of illegal iron ore mining scam of Karnataka.

JSW’s ambitious Bengal project has faced severe political and logistic challenges.

JSW’s Umbergaon port project is facing opposition from the fisherman locality.

In the current economic slowdown, Indian steel industry is facing serious challenges due to lack in demand, fall in exports and dumping by China, Japan and Korea.

Some major problems faced…