Savitri Jindal: Meet India's Richest woman

Savitri Jindal has ascended to become the wealthiest woman in India and the fifth-wealthiest person overall, propelled by a remarkable surge in her wealth

Savitri Jindal: Meet India's Richest woman

When considering the wealthiest individuals in India, Mukesh Ambani and Gautam Adani are often the first names that come to mind. However, a recent addition to this prestigious list is Savitri Jindal, who currently holds the title of the richest woman in India. As the chairperson of the OP Jindal Group, she has not only secured this prominent position but has also earned the distinction of being the fifth-wealthiest person in the country. This noteworthy achievement highlights Savitri Jindal's significant influence and success in the business world.

 

As of December 19th, Savitribai Jindal has experienced the highest surge in her wealth, witnessing a remarkable increase of $9.6 billion in this calendar year, according to the Bloomberg Billionaires Index. At 73 years old, she has seen her net worth soar to new heights, securing her position as the wealthiest woman in India.

 

Savitri Jindal, the current chairperson of the OP Jindal Group and the wealthiest woman in India, has roots in Assam, where she was born in 1950. Her journey began far from the corporate boardrooms she now commands, initially as a homemaker raising nine children while her husband built the JSW Group. The OP Jindal Group, established by Savitri Jindal's late husband, OP Jindal, in 1952, originated with Mr. Jindal as a first-generation entrepreneur. He initiated an indigenous single-unit steel plant in Hisar, Haryana. The OP Jindal Group oversees various listed companies, including prominent entities such as JSW Steel, JSW Holdings, Jindal Stainless, Jindal Steel & Power, and JSW Energy, contributing significantly to India's steel production and energy sectors.

 

Mukesh Ambani, holding the highest net worth among Asians, has seen a notable increase of nearly $5 billion, bringing his total wealth to $92.3 billion, as reported. Following Savitri Jindal, the individual with the second-highest growth in net worth is Shiv Nadar from HCL, who has added approximately $8 billion over the past calendar year. Additionally, KP Singh of DLF secured the third position in terms of net worth growth, having accumulated an additional $7 billion during the same period.

 

About Savitri Jindal

Savitri Devi Jindal is an Indian business magnate and politician. She served as the O.P. Jindal Group's chairperson emerita. She serves as the Maharaja Agrasen Medical College, Agroha, president as well.

 

Savitri Jindal was born into a Hindu family in Tinsukia, Assam. In the 1970s, she wed Om Prakash Jindal, the man who had started the steel and power company Jindal Group. Jindal represented the Hisar constituency in the Haryana Vidhan Sabha (Legislative Assembly) and served as a minister in the state government.

 

Savitri Jindal was chosen to serve in the Haryana Vidhan Sabha in 2005 from the Hisar constituency, which had long been held by her late husband Om Prakash Jindal. She was re-elected to the seat in 2009, and on October 29, 2013, the Haryana government named her a cabinet minister. 

 

She had held the positions of Minister of State for Urban Local Bodies and Housing as well as Minister of State for Revenue and Disaster Management, Consolidation, Rehabilitation, and Housing in the previous cabinet. In 2014, she was not re-elected to the Haryana assembly. Following the death of her husband, O.P. Jindal, in a helicopter accident in 2005, she assumed the role of chairperson.

 


Zomato Hit with ₹11.8 Crore GST Demand and Penalty for Export Services

Zomato Hit with ₹11.8 Crore GST Demand and Penalty for Export Services

Food delivery giant Zomato faces a ₹11.8 crore demand and penalty order from the Indian government...
Nestle Under Fire: Double Standards for Baby Food in Developing Nations?

Nestle Under Fire: Double Standards for Baby Food in Developing Nations?

Nestle faces accusations of selling baby food with higher sugar content in developing countries comp...
HDFC Bank Scores Strong Q4: Profits Up 37%, Dividend Declared

HDFC Bank Scores Strong Q4: Profits Up 37%, Dividend Declared

HDFC Bank, India's largest private lender, reported a 37% surge in net profit for the January-Ma...
Nike Swings the Axe: 740 Job Cuts at Oregon Headquarters

Nike Swings the Axe: 740 Job Cuts at Oregon Headquarters

Sportswear giant Nike announces layoffs impacting 740 employees at its Oregon headquarters. The move...
Popular Everest Fish Curry Masala Recalled in Singapore over Pesticide Concerns

Popular Everest Fish Curry Masala Recalled in Singapore over Pesticide Concerns

Everest Fish Curry Masala, a popular curry paste in India, is being recalled in Singapore due to exc...
Yes Bank Founder Rana Kapoor Granted Bail after Four Years in Jail

Yes Bank Founder Rana Kapoor Granted Bail after Four Years in Jail

Yes Bank co-founder Rana Kapoor walks free after four years in jail as he receives bail in the last ...
India Revs Up for Electric Vehicles: Tata Eyes Imports, Tesla Prepares Entry

India Revs Up for Electric Vehicles: Tata Eyes Imports, Tesla Prepares Entry

India's EV market is revving up! Tata Motors plans to import Jaguar Land Rover EVs under a new p...
ITC Infotech Strengthens Cloud Play with Rs 485 Crore Blazeclan Acquisition

ITC Infotech Strengthens Cloud Play with Rs 485 Crore Blazeclan Acquisition

ITC Infotech, a subsidiary of ITC Group, has acquired Blazeclan Technologies, a cloud consulting com...
Swiggy Ups the Delivery Game: Swiggy Mall Merges with Instamart for Supercharged Shopping

Swiggy Ups the Delivery Game: Swiggy Mall Merges with Instamart for Supercharged Shopping

Swiggy is shaking things up! The food delivery giant merges its Swiggy Mall platform with Instamart,...
Didn't Crack UPSC? Ditto Insurance Wants Your Skills Anyway

Didn't Crack UPSC? Ditto Insurance Wants Your Skills Anyway

UPSC aspirants who fell short this year can find solace (and a job) at Ditto Insurance, a Zerodha-ba...