2. INTRODUCTION JINDAL STEEL IS AMONG THE LARGEST CORPORATE GROUP IN INDIA. JINDAL GROUP IS PRESENTLY A US $ 5 BILLION CONGLOMERATE AND RANK 4th AMONG THE TOP INDIAN BUSINESS HOUSE IN TERM OF ASSETS. IT IS A ONE OF THE LARGEST STEEL PRODUCER IN INDIA WITH 12 PLANT IN INDIA AND 2 IN USA. THE COMPANY MANUFECTURES AND SELLS SPONGE IRON, MILD STEEL SLABS, FERRO CHROME, IRON ORE, STRUCTURAL, HOT ROLLED PLATES AND COIL AND COAL BASED SPONGE IRON PLANT. THE COMPANY ALSO INVOLVED IN POWER GENERATION.
3. CONT………… JINDAL STEEL IS THE MOST VALUABLE PRIVATE STEEL PRODUCER IN INDIA, WITH AN ANNUAL TURNOVER OF OVER US $2.1 BILLION (RS. 10,000 CRORE), JINDAL STEEL FORMS A PART OF THE US $12 BILLION (OVER RS. 60,000 CRORE) JINDAL GROUP. JINDAL STEEL IS A PART OF THE JINDAL GROUP, FOUNDED BY O. P. JINDAL (1930-2005). IN 1969, HE STARTED PIPE UNIT JINDAL INDIA LIMITED,