On this day, August 7 in the year 1930, the founder of the Jindal Group was born in Haryana, India. His name is Shri. Om Prakash Jindal, a self-made billionaire who was one of the pioneers in the industrialization of India.
Jindal was a son of a farmer. With little formal education, he showed great interest in machines and technology. As a child he visited automobile shops to learn how machines work.
In 1952, Jindal started his industrial career by establishing a bucket factory. After 12 years, he put up a large pipe manufacturing unit. In 1969, he set up a larger steel factory. He travelled around the world to learn new technologies and applied them to his own companies. In 2004, he was conferred the “Lifetime Achievement Award” by the Bengal Chamber of Commerce & Industry for his outstanding contribution to the development Indian Steel Industry. At present, the Jindal Group consists of several companies that are involved in iron and steel, petroleum, cement, and power.
O. P. Jindal entered politics and won a legislative seat in the State of Haryana. He was also appointed Minister of Power. In 1996, he became the first industrialist to be elected as member of India’s Parliament. He remained chairman of N.C. Jindal Charitable Trust which he established to oversee his charitable foray into educational and medical institutions.
In 2005, O. P. Jindal died in a helicopter crash. He was survived by his wife and 4 sons who are now managing the Jindal business empire. At the time of his death, Forbes Magazine estimated his personal wealth at $1.2 billion.