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CONSTRUCTION WORLD Person of the Year 2021(Private Sector)
ECONOMY & POLICY

CONSTRUCTION WORLD Person of the Year 2021(Private Sector)

Sajjan Jindal, Chairman, JSW Group Meet a man contributing significantly to India’s growth philosophy! An accomplished business leader and second-generation entrepreneur, Sajjan Jindal had the foresight to lead the steel industry and JSW in particular on ...

Sajjan Jindal, Chairman, JSW Group Meet a man contributing significantly to India’s growth philosophy! An accomplished business leader and second-generation entrepreneur, Sajjan Jindal had the foresight to lead the steel industry and JSW in particular on a transformational journey. JSW's innovative and sustainable presence in various sectors, including steel, energy, infrastructure, cement, paints, venture capital and sports, is helping the group play an important role in driving India’s economic growth. The group strives for excellence by leveraging its strengths and capabilities, including a successful track record of executing large capital-intensive and technically complex projects, a differentiated product mix, state-of-the-art manufacturing facilities and greater focus on pursuing sustainable growth. With a culturally diverse workforce spread across India, the US, Europe and Africa, JSW Group directly employs nearly 40,000 people.A mechanical engineer, Jindal led the JSW Group through some of its most exciting phases, including JSW Steel and JSW Energy going public in 1995 and 2009-10, respectively. Today, the group takes pride in expanding the business landscape across infrastructure, sports and cement, with revenues over $13 billion for the year ended March 31, 2021.A firm believer of the Make in India philosophy, Jindal has been awarded at global platforms for his contribution and commendable work. He has been awarded the JRD Tata Award 2017 for ‘Excellence in Corporate Leadership in the Metallurgical Industry.� He was also awarded the �2014 National Metallurgist Award: Industry� instituted by the Ministry of Steel, Government of India. His keenness to give back to society and a desire to improve the “lives of individuals� led to the creation of the JSW Foundation, which is committed to providing the means to empower individuals to bridge the socioeconomic divide and contribute to the creation of a more equitable and sustainable community. The foundation is proud to have touched the lives of over 1 million people by providing them with opportunities for a bright and sustainable future.A renowned and respected practitioner of sustainable business practices, Jindal is a noted member of the Executive Committee of the World Steel Association, president of the Indian Steel Association as well as the former president of the Institute of Steel Development & Growth. He is also a council member of the Indian Institute of Metals.

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Infrastructure Urban

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

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Infrastructure Urban

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

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Infrastructure Urban

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

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