Who is Savitri Jindal?

Savitri Jindal is the chairperson emeritus of the O.P. Jindal Group and the widow of its founder, O.P. Jindal. She is also the independent MLA for Hisar in Haryana, elected in October 2024.

What is Savitri Jindal's net worth in 2026?

Forbes put Savitri Jindal and family at US$39.8 billion on its India Rich List 2026 (as of 11 September 2026), ranking her No. 3 in India. Hurun counts the Jindal fortune under her sons separately. Her own 2024 election affidavit declared personal assets of about Rs 270.66 crore.

How did Savitri Jindal become rich?

Her wealth comes from the O.P. Jindal Group, founded by her husband O.P. Jindal in 1952. After his death in a 2005 helicopter crash she became chairperson. The family's stakes in JSW Steel, Jindal Steel, Jindal Stainless and Jindal SAW, run by her four sons, grew many times over.

Where is Savitri Jindal from?

She was born on 20 March 1950 in Tinsukia, Assam, and has lived most of her adult life in Hisar, Haryana.

What is Savitri Jindal's education?

Her 2024 election affidavit lists her as Class 10 pass, with a further year of schooling at Shree Kanya Pathshala. She did not attend college.

Has Savitri Jindal faced any controversy?

No criminal case has been filed against her personally, and her election affidavits declare none. Group companies have faced legal matters, notably coal block allocation cases against JSPL and her son Naveen Jindal, which are pending as of October 2026.

Who are Savitri Jindal's sons?

Her four sons each run part of the group: Prithviraj Jindal (Jindal SAW), Sajjan Jindal (JSW Group), Ratan Jindal (Jindal Stainless) and Naveen Jindal (Jindal Steel).

Is Savitri Jindal the richest woman in India?

By Forbes' count, yes: she was the only woman in the top 10 of its 2026 India Rich List. Hurun names Roshni Nadar Malhotra India's richest woman because it lists the Jindal sons' wealth separately.

Savitri Jindal: Biography, Family & Net Worth

Key facts
Born	20 March 1950, Tinsukia, Assam [100][40]
Home	Hisar, Haryana, where she has lived for most of her adult life [1][40]
Education	Declared as Class 10 pass, plus Class 11 at Shree Kanya Pathshala, in her 2024 election affidavit [4]
Family	Widow of steel pioneer Om Prakash (O.P.) Jindal (1930–2005); nine children, including four sons who each run a part of the group: Prithviraj, Sajjan, Ratan and Naveen [18][1]
Group	O.P. Jindal Group, made up of JSW Group, Jindal Steel, Jindal Stainless and Jindal SAW. She chaired it after 2005 and is now styled Chairperson Emeritus [16][96]
Wealth	US$39.8 billion with family, No. 3 on the Forbes India Rich List 2026 and the only woman in its top 10 (as of 11 Sep 2026) [2]. The M3M Hurun India Rich List counts the Jindal fortune under her sons instead [45][46]
Public office	Independent MLA for Hisar since October 2024; earlier a Congress MLA (2005–2014) and Haryana minister [3][22]
Known for	Holding one of India’s largest steel families together after a sudden tragedy, and being the richest woman in India by Forbes’ count

On the afternoon of Thursday 31 March 2005, a helicopter belonging to the Jindal group took off from Chandigarh for Delhi. It was supposed to stop at the family’s sugar mill in Muzaffarnagar. Near Saharanpur in Uttar Pradesh, eyewitnesses said, the engine stopped. The aircraft fell into the fields [18][19]. Two men on board were killed. One was Surender Singh, Haryana’s agriculture minister and son of former chief minister Bansi Lal. The other was O.P. Jindal, 74. He was Haryana’s power minister, the MLA for Hisar, and the founder of one of India’s biggest steel groups [18][19].

In Hisar, a 55-year-old woman lost her husband that day. Her public life had until then been almost entirely inside her own home. Years later she described those years plainly: “I had no role except to interact with women who visited the house… I used to take care of the household.” [32] Within months, Savitri Jindal was chairing the O.P. Jindal Group and sitting in the Haryana Assembly. She won her husband’s Hisar seat in a by-election with 95.8% of the votes cast [17].

Two decades later, Forbes counts her and her family as the third-richest people in India, at US$39.8 billion [2]. The four companies her sons run produce steel, stainless steel, pipes, power, cement, paint and ports. In October 2024, at 74, she stood for election as an independent against the party she had been reported to join only six months before, and won by almost 19,000 votes [3].

Her story is not that of a founder who started from nothing. It is the story of someone who inherited a business at a moment of crisis, kept a large and wealthy family from splitting in public, and then built a political career of her own. The record has its blemishes too. Several of the family’s companies have spent years in court, mainly over coal block allocations. None of those cases is against her personally. This profile sets out both sides.

Where it began

Savitri Jindal was born on 20 March 1950 in Tinsukia, a tea and trading town in upper Assam [100][40]. A 2014 IANS profile described her as born “in a business family” there [23]. Her 2024 election affidavit lists her education as Class 10 pass, with one more year of schooling at Shree Kanya Pathshala [4]. She never went to college.

Around 1970, according to several profiles, she married Om Prakash Jindal, a self-made industrialist about twenty years older than her [99][100]. To understand what she later inherited, you have to understand him.

O.P. Jindal was born on 7 August 1930 in Nalwa, a village in Hisar district, into a farming family [101][12]. He studied only to school level. JSW’s own tribute calls him a “sixth standard pass engineer extraordinaire” [12]. In 1952, aged 22, he set up a small unit at Liluah in Howrah, near Calcutta, making pipe bends and sockets. He started it with Rs 40,000, half of it borrowed [12][101]. He added a plant in Hisar in 1957 [12]. In 1964 he began pipe production as Jindal India Ltd [101][12]. Around 1970 he set up Jindal Strips, a mini steel plant in Hisar that grew into today’s Jindal Stainless [101]. Stainless steel followed in 1975 [12].

He was also a politician. He won Hisar in the Assembly in 1991, 2000 and 2005, and was elected to the Lok Sabha from Kurukshetra in 1996 [101][30]. By 2004, Forbes ranked him the 13th-richest Indian [101].

Savitri Jindal raised a large family in Hisar while he built the group. The couple had nine children: four sons and five daughters [18][1]. All four sons went into the business. They are Prithviraj, Sajjan, Ratan and Naveen, the youngest [1][101].

The Jindal household in Hisar was traditional, and she stayed out of the business and out of public view. In 2014, IANS listed her personal interests as reading, watching television and cooking [23]. Very little in those first 35 years of marriage suggested what came next.

The first break

The break, when it came, was a tragedy rather than an opportunity.

A succession already mapped out

O.P. Jindal did one thing before his death that shaped everything after it. He did not leave a single empire for his sons to fight over. In the late 1990s, while still fully active, he began dividing the businesses among the four sons. Business Today dates the split to 1998 and called it unusual for an Indian family business, because the founder did it himself and did it gradually [21]. Each son ran his own companies, but the family kept cross-holdings in one another’s businesses [101].

The lines were clear:

Prithviraj (P.R.) Jindal took Jindal SAW, the pipes business.
Sajjan Jindal took the Mumbai-based steel operations that became JSW Steel, along with JSW Energy and, later, cement, paints and ports.
Ratan Jindal took Jindal Stainless.
Naveen Jindal, who came back from an MBA in Texas in 1992, took Jindal Steel & Power (JSPL). His first job was reviving the struggling Raigarh plant in Chhattisgarh [21][1].

So when the helicopter fell in March 2005, the group did not need a new chief executive. What it needed was a centre, someone all four branches could defer to. That role fell to Savitri Jindal. She became chairperson of the O.P. Jindal Group after her husband’s death [101][42]. Forbes still describes the group as “chaired by Savitri Jindal, widow of founder Om Prakash Jindal” [1].

From the kitchen to the Assembly

The political inheritance came even faster. “After his demise in the accident in 2005, people asked me to follow the footsteps in politics,” she later told The Tribune [32]. In the 2005 by-election for Hisar she stood as the Congress candidate and took 95.8% of the vote on a 66.5% turnout [17]. In January 2006, Chief Minister Bhupinder Singh Hooda made her a Minister of State [23][24]. Her portfolios included Revenue and Disaster Management, Rehabilitation and Housing, and later Urban Local Bodies [22].

A year after the crash, on O.P. Jindal’s first death anniversary, three of the brothers donated blood together in Hisar in memory of “Bauji”, with their mother present [20]. It was a small gesture. For a family that outsiders expected to splinter, it was also a public statement.

Building the empire

Savitri Jindal does not run day-to-day operations. Her sons do. But the growth of the four branches since 2005 is the main reason her family’s fortune went from a few billion dollars to around US$40 billion. That growth happened under her chairmanship. Business Today reported in 2012 that senior executives across the group stayed close to her and that she “knows many things happening” inside the companies [21]. In 2016 the President’s Secretariat already described her as “Chairperson Emeritus, OP Jindal Group” [16]. She has kept that title since [96].

JSW: the biggest branch

Sajjan Jindal’s JSW Group is now the largest of the four. Its steel business traces back to Jindal Iron & Steel Co., set up in 1982 at Vasind and Tarapur in Maharashtra, and to Jindal Vijayanagar Steel at Toranagallu in Karnataka, set up in 1994. The two merged in 2005 to form JSW Steel [49].

The growth since then has come through big bets, many of them acquisitions:

2009–10: Japan’s JFE Steel became a strategic partner. It now holds 15% of JSW Steel [49].
2010: JSW bought the Dolvi works in Maharashtra from Ispat [49].
2018: It bought steel assets in Piombino, Italy [49].
2021: After a long insolvency process, it took over Bhushan Power & Steel (BPSL) under a Rs 19,700 crore resolution plan, implemented in March 2021 [8][84]. That deal later went to the Supreme Court and back (see Controversies).
December 2025: JSW agreed to sell 50% of the BPSL steel business to JFE for about Rs 15,750 crore. Analysts expected the deal to cut JSW Steel’s net debt sharply [53].

The scale today is very large. JSW Steel produced 30.14 million tonnes of crude steel in FY26, up 8% on the year [51]. Its FY25 annual report put capacity at 35.7 million tonnes a year across India and abroad, with a target of 51.5 million tonnes by FY31 [52]. Consolidated revenue in FY26 was Rs 1,85,470 crore. Net profit was Rs 25,508 crore, lifted by a one-off gain of Rs 18,051 crore on transferring the BPSL steel undertaking [50].

JSW also branched far beyond steel:

JSW Energy listed in December 2009. By FY26 it had 13,454 MW of installed capacity, record EBITDA of Rs 11,041 crore and its highest-ever profit, Rs 2,762 crore [11].
JSW Infrastructure raised Rs 2,800 crore in an IPO in September 2023 and listed at a 20% premium on 3 October 2023 [54].
JSW MG Motor India: in November 2023, JSW agreed to take a 35% stake in MG Motor India, the Indian arm of China’s SAIC [59].
JSW Cement raised Rs 3,600 crore in an IPO in August 2025 and listed on 14 August [55][56].
JSW Paints agreed in June 2025 to buy a controlling stake in Akzo Nobel India, the maker of Dulux, in a deal worth up to Rs 12,915 crore [57]. It completed the deal in December 2025 with about 61% ownership [58].

Jindal Steel: Naveen Jindal’s branch

Naveen Jindal turned the Raigarh plant into Jindal Steel & Power, a company built around steel, coal and power. He took it overseas, to Oman and to Africa. Over the past six years the listed company has narrowed its focus:

2020: JSPL agreed to sell its Oman steel unit, at an enterprise value of more than US$1 billion, to a company owned by the promoter group [61].
2021: JSPL accepted a Rs 7,401 crore offer for 96.42% of Jindal Power from Worldone, also owned by the promoter group [60].
July 2025: The company renamed itself Jindal Steel Limited to reflect its “sharpened focus” on steel [62].
March 2026: It completed an expansion at Angul in Odisha that doubled the plant’s capacity from 6 to 12 million tonnes a year. Total capacity is now 15.6 million tonnes, including Raigarh [63].
FY26: Profit rose 18% to Rs 3,361 crore [64].

The family’s overseas arm, Jindal Steel International, held talks in late 2025 and early 2026 to buy Thyssenkrupp’s European steel business in stages [65]. Reuters reported in May 2026 that the talks had been called off [66]. Naveen Jindal stepped back from an executive role to become non-executive chairman from 1 October 2023 [97].

Jindal Stainless and Jindal SAW

Ratan Jindal’s Jindal Stainless grew out of O.P. Jindal’s original Hisar strip mill. In 2023 it merged with its sister company Jindal Stainless (Hisar) [67]. In FY26 it reported revenue of Rs 42,955 crore and profit of Rs 3,185 crore, up 27%. Its melt capacity is 4.2 million tonnes, including a joint-venture plant in Indonesia [68].

P.R. Jindal’s Jindal SAW, the pipes maker, is the smallest of the four listed flagships. Its FY26 revenue fell 16.3% to Rs 17,895 crore [69].

How the wealth is held, and how big it is

The Jindal fortune is held mainly as promoter shareholdings in these listed companies. Each son’s branch owns its stakes through family trusts and investment companies [1][48]. Savitri Jindal’s own direct holdings are small by comparison:

Her 2024 election affidavit declared total assets of about Rs 270.66 crore: Rs 190.10 crore movable and Rs 80.56 crore immovable [4][35].
The largest item was listed shares worth about Rs 128 crore, mostly in JSPL [35].
She declared no liabilities [4].
Her declared assets were Rs 43.68 crore in 2009 and Rs 113.27 crore in 2014 [6][5].
In June 2025 she disclosed a gift of about 3% of Jindal Stainless to family members and a family trust [48].

So why is she called a US$40 billion woman? Because Forbes counts the whole family’s holdings under “Savitri Jindal & family” [1]. Its milestones over the years:

2008: Forbes first named her India’s richest woman [23].
July 2022: Bloomberg valued her at US$11.3 billion and briefly called her Asia’s richest woman [42].
2023: Bloomberg’s index showed her adding US$9.6 billion, the largest gain of any Indian that year [43].
2025: Forbes India Rich List: US$40.2 billion, No. 3 [44].
2026: Forbes India Rich List: US$39.8 billion, No. 3 (as of 11 September 2026) [2].
12 October 2026: Forbes’ real-time estimate: US$36.6 billion [1].

Hurun uses a different method. It lists the Jindal sons separately. In 2025 it ranked Sajjan Jindal & family 13th, at Rs 1,43,330 crore [45]. It gives the title of India’s richest woman to Roshni Nadar Malhotra, who was No. 5 on the 2026 list [46]. Neither ranking is wrong. They answer different questions. Measured as a family business, the Barclays-Hurun list ranked the Jindals India’s third most valuable family business in 2025, worth Rs 5.7 lakh crore [47].

For context, the two families ahead of her on the Forbes list are those of Gautam Adani and Mukesh Ambani. Just behind her is fellow steel magnate Lakshmi Mittal [2].

A political career of her own

While her sons built the businesses, Savitri Jindal built her own political base in Hisar.

2009: She held the seat for Congress [30][6].
29 October 2013: Governor Jagannath Pahadia swore her in as a cabinet minister [22].
2014: Her campaign that year was hands-on. IANS described the country’s richest woman going village to village, telling voters, “you have all supported me in 2005 and 2009” [24].
2019: She did not contest [30].
March 2024: Naveen Jindal moved to the BJP and won the Kurukshetra Lok Sabha seat that June by 29,021 votes [29]. Late on 27 March 2024 she resigned from the Congress. “The people of Hisar are my family,” she wrote [27][26]. All India Radio reported the next day that she had joined the BJP at a rally in Hisar [28].

The setbacks and failures

Losing Hisar, 2014

The first public defeat came at the ballot box. In the 2014 Assembly election, the wave that brought the BJP to power in Haryana swept her out. The BJP’s Dr Kamal Gupta beat her in Hisar by 13,646 votes [25]. The richest woman in India, a sitting cabinet minister, had lost her home seat. She did not contest again in 2019 [30].

Coal blocks cancelled

The biggest business blow to the wider group came in 2014. On 24 September 2014, the Supreme Court cancelled 214 coal blocks allocated between 1993 and 2010, after finding the allocation process illegal [10][70]. Business Standard called JSPL the “biggest loser”. It lost three Gare Palma blocks in Chhattisgarh with about 12 million tonnes a year of capacity, faced levies estimated at around Rs 3,000 crore, and saw its shares fall nearly 10% in a day [71]. JSPL had built its power and steel model around captive coal. It spent the next several years rebuilding around auctions and imports. Moving its power and Oman assets out of the listed company was part of that restructuring [60][61].

Deals that did not happen

Big bets do not always land. The Jindal Steel International talks with Thyssenkrupp, which would have given the family a large European steelmaker, were called off in May 2026 [66]. Jindal SAW’s revenue fell sharply in FY26 [69]. In May 2025, JSW Steel briefly faced the prospect of losing BPSL altogether after a Supreme Court ruling, which was later recalled [84][85].

2024: denied a ticket, and fighting back

The most personal setback came in September 2024. The BJP renominated the sitting MLA and health minister Kamal Gupta for Hisar, not her [31]. At 74, she had to choose between stepping aside and taking on the ruling party. She later said, “I was hoping for the BJP nomination… My family was okay with my decision. They collectively decided to let me make my own decision.” [32] She also said she had never formally joined the BJP [32][33].

She ran as an independent. Her symbol was a torch [34]. “Hisar, which is my family, is asking me to fight this election. I cannot say no,” she told supporters, adding that “this will be my last election” [30]. On 8 October 2024 the Election Commission declared her the winner with 49,231 votes. Congress’s Ram Niwas Rara had 30,290, and the BJP minister Kamal Gupta finished third with 17,385 [3][36]. The next day she pledged her support to the BJP government. “I want the development of Hisar and hence I am supporting BJP,” she said [38][37]. She was not included in the new cabinet [39].

Controversies and allegations

One fact matters first. No court, regulator or investigating agency has brought a case against Savitri Jindal personally. Her election affidavits for 2009, 2014 and 2024 each declare no criminal cases [6][5][4]. The matters below concern companies in the wider O.P. Jindal Group or her sons, who run them independently. They are included because they shaped the group she chairs. No finding against a son or company implies anything about her.

The coal block allocation cases (JSPL and Naveen Jindal)

Allegation: After the Supreme Court cancelled the coal allocations in 2014, the CBI pursued criminal cases over how some blocks had been obtained. Three involve JSPL and Naveen Jindal:

Amarkonda Murgadangal (Jharkhand): In April 2016 a special CBI court framed criminal conspiracy charges against Naveen Jindal, former Jharkhand chief minister Madhu Koda, former minister of state for coal Dasari Narayan Rao, former coal secretary H.C. Gupta and several companies. The court said there was prima facie evidence of a conspiracy whose “sole objective was to accommodate” JSPL and another company [72][73]. The Enforcement Directorate (ED) also filed a money-laundering complaint in 2018 [76].
Urtan North (Madhya Pradesh): In July 2019 a special court framed charges of conspiracy and cheating against Naveen Jindal, JSPL and others. The CBI alleged that the application had misrepresented land and equipment details [74].
Gare Palma IV/1 (Chhattisgarh): On 1 June 2026 a special court took cognisance of a CBI chargesheet and summoned Naveen Jindal, JSPL, former coal secretary P.C. Parakh and others. The charges include criminal breach of trust and corruption [77][78]. ThePrint reported that the CBI alleges mining outside approved boundaries and about 3.7 million tonnes of excess extraction [79].

Response: When charges were framed in 2016, JSPL said: “We deny all allegations made against our company and its management.” [72] ThePrint reported no response from the company on the 2026 chargesheet [79].

What happened next:

In January 2024 a special judge noted Naveen Jindal was an accused in three coal cases. He has been allowed to travel abroad on conditions [75].
In May 2026 the ED went to the Supreme Court after the trial court refused to defer its order on charge in the money-laundering case [76].
In July 2026 a Supreme Court bench led by Chief Justice Surya Kant passed an ad-interim stay of the 1 June 2026 cognisance order in the Gare Palma case, on a petition by P.C. Parakh, and listed the matter for final hearing [80].

Status: As of 14 October 2026, all of these cases are pending. No court has convicted Naveen Jindal or JSPL in any coal block case. The Gare Palma proceedings are stayed by the Supreme Court.

Foreign exchange probes (ED)

Allegation: In April 2015 Business Standard reported that the ED had begun a FEMA (foreign exchange law) inquiry into overseas accounts of Naveen Jindal and family members, following a tip from Singapore [81]. In April 2022 the ED searched JSPL offices in Delhi and Gurugram in a FEMA case. Officials cited overseas accounts of the promoter [82][83]. Savitri Jindal was not named in either report.

Response: In 2015 JSPL said the family had remitted funds through an RBI-authorised bank under the permitted scheme [81]. In 2022 the company said it was cooperating and cited its “exemplary track record of corporate governance”. The Congress called the searches a political “witch-hunt” [82][83].

Status: No adjudication order or penalty has been publicly reported as of 14 October 2026. These remain probes, not findings.

JSW Steel and Bhushan Power & Steel

Allegation: In a judgment of 2 May 2025, a two-judge bench of the Supreme Court held that JSW Steel’s Rs 19,700 crore resolution plan for Bhushan Power & Steel broke insolvency law. The bench found that JSW had delayed implementing it and had misrepresented matters to lenders, and it ordered BPSL to be liquidated [84][85]. JSW Steel shares fell up to 7% [84].

Response: JSW sought a review. Through its filings, it called the eventual outcome a “landmark decision” preserving the finality of resolution plans [9].

What happened next:

On 31 July 2025, a bench led by Chief Justice B.R. Gavai recalled the May judgment. It noted JSW’s investment of about Rs 20,000 crore and some 25,000 jobs [85].
On 26 September 2025, a three-judge bench dismissed the appeals against the plan and upheld it, deferring to the commercial wisdom of the lenders [8][86][87].

Status: Resolved in JSW Steel’s favour. The adverse findings of May 2025 were recalled and do not stand.

The Karnataka mining donation case (JSW)

Allegation: Karnataka Lokayukta Santosh Hegde’s July 2011 report on illegal mining questioned a Rs 10 crore donation by South West Mining, a company linked to the Jindal group, to Prerana Trust, run by the family of then chief minister B.S. Yeddyurappa [88]. The CBI later charged JSW Steel, its affiliates and the Yeddyurappa family, alleging kickbacks [89].

Response: The accused contested the charges at trial. After the verdict, Yeddyurappa responded: “Satyameva jayate” (truth alone triumphs) [90].

Status: On 26 October 2016 a special CBI court acquitted all 13 accused, including JSW Steel and its affiliates, saying the prosecution had failed to prove its case [89][90].

The Paradise Papers mention (2017)

Allegation: In November 2017, Jindal Steel’s name appeared in reporting on the Paradise Papers, a leak of offshore records. Scroll noted the documents did not show any evidence of illegality [91]. JSPL shares dipped about 2% on the report [92].

Response: No company response was carried in the reports, and no specific wrongdoing was alleged.

Status: No case or regulatory action linked to the leak has been reported against the company or the family.

No other court finding, regulatory penalty or credible investigation involving Savitri Jindal personally has been reported as of 14 October 2026.

Giving back

The Jindal family’s giving runs through institutions more than headline cheques. Much of it is anchored in Hisar.

Maharaja Agrasen Medical College, Agroha: Savitri Jindal has been president of the society that runs this medical college in Hisar district since 2019. She took over from Naveen Jindal, who had led it from 2004 [14].
Vidya Devi Jindal School, Hisar: A residential girls’ school founded by O.P. Jindal through a rural development trust. It opened in 1984 [15].
O.P. Jindal Global University, Sonipat: Founded by Naveen Jindal in 2009 in his father’s memory. A faculty building there is named after her [13].
Covid response: During the 2021 second wave, the family’s O.P. Jindal Modern School in Hisar was converted into a 500-bed oxygen-supported hospital, fed from the adjoining Jindal steel unit [95].
The sons’ giving: On the Hurun India Philanthropy List 2022, all four sons’ families appeared for donations to education. Naveen Jindal’s family gave Rs 38 crore and Sajjan Jindal’s Rs 37 crore [93]. JSW Steel’s CSR obligation for FY25 was Rs 297.42 crore, spent largely through the JSW Foundation [94].

In March 2026 she told ETV Bharat that her focus as an MLA was on roads, sewerage, parks, jobs for young people and women, and a campaign against drug addiction. “Addiction destroys entire families,” she said [40]. In October 2026 she wrote to the Union Education Minister asking for a proposed IIT to be located in Hisar. She argued that the district had received no major central institution in two decades [41]. PRS Legislative Research records her attendance in the current Assembly at 100% [7].

Succession

In business, succession in the Jindal family has largely already happened. It happened in the late 1990s, when O.P. Jindal divided the businesses [21]. After 2005 the four sons ran their companies independently [1]. Savitri Jindal’s role has been that of matriarch, the person who holds the family centre, rather than an executive.

The third generation is now in senior roles:

Parth Jindal, Sajjan Jindal’s son, is managing director of JSW Cement and leads JSW Paints [102][55].
Abhyuday Jindal, Ratan Jindal’s son, was reappointed managing director of Jindal Stainless in 2023 for five years [98].
Naveen Jindal became non-executive chairman of Jindal Steel in 2023, handing executive work to professional managers [97].

The group has also shown that wealth can move inside the family without public dispute. Her June 2025 gift of Jindal Stainless shares to family members and a family trust is one example [48]. No credible report of a legal or public dispute among O.P. Jindal’s heirs has emerged in the two decades since his death.

In politics, she called the 2024 contest her last election [30]. Her term as MLA runs until 2029.

What their journey teaches

Plan the split before you have to. O.P. Jindal divided his businesses among his sons while he was still alive and active, with cross-holdings to keep them tied [21][101]. When he died suddenly, there was grief but no war over control. Many Indian business families have not been so lucky.
A family business needs a centre as much as a CEO. Savitri Jindal never ran a plant. Her value was that four brothers with four separate empires could all defer to her. For any family enterprise, deciding who holds the family together matters as much as deciding who runs the company.
Know what a “net worth” really measures. Forbes puts her family’s wealth near US$40 billion [2]. Her own sworn affidavit shows about Rs 270 crore [4]. Both are true. Rich-list figures often add up a whole family’s stakes. Read the method before you read the number.
Roots are an asset. Through a crash, a defeat and a denied ticket, she kept coming back to the same idea: “Hisar is my family” [40]. In 2024 that local base was worth more than a party symbol [3].
Legal risk can outlive a decade. Coal blocks allocated in the 2000s are still in court in 2026 [80]. Whatever their outcome, the cases have cost the group time, assets and reputation. How a company gets its licences matters as much as what it builds on them.
It is never too late to begin. She entered public life at 55, after decades at home, and won elections into her mid-seventies [17][3].

For more on India’s markets and business leaders, explore CapitalVia Insights, or read the life stories of Kumar Mangalam Birla and Anil Agarwal, two other builders of India’s metals industry.

A profile for general reading, based on public records and reporting as of 14 October 2026. Not investment, tax or legal advice.