Affairs Cloud | 24th EY Entrepreneur of the Year Awards: Sajjan Jindal of JSW Group wins EY Entrepreneur of the Year Award 2022

Feb 24,2023

On 23rd February 2023, Sajjan Jindal, Chairman and Managing Director(CMD) of Mumbai (Maharashtra)-based JSW Group, has been named the EY Entrepreneur of the Year 2022 India at the 24th EY Entrepreneur of the Year Awards ceremony held in New Delhi, Delhi.

• He was recognised for his exceptional entrepreneurial journey in scaling the global conglomerate with a presence in steel, cement, infrastructure, energy, and paints to revenues of USD 22 billion, globally employing over 40,000 people.

• Sajjan Jindal will now represent India at the EY World Entrepreneur of the Year Award (WEOY) at Monte Carlo, Monaco, in June 2023.

KP Singh, Chairman Emeritus, DLF Group was honoured with the Lifetime Achievement Award for his pioneering work in architecting the real-estate landscape of India.

• Hardeep Singh Puri, Union Minister for Housing and Urban Affairs and Minister for Petroleum and Natural Gas, felicitated the winners and finalists.

Key Points:
i. Awards for 9 other categories were also announced and the winners represented both mature industries and young entrepreneurs from startups.

ii. The winners were selected by a 7-member jury panel, led by K V Kamath, a former chairman of ICICI Bank Ltd.

About Sajjan Jindal:
i. Sajjan Jindal, popularly known as "Man of Steel", was the 1st Indian Representative to serve as the Chairman of the World Steel Association (world steel).

ii. He began his career in 1984 in Mumbai, Maharashtra, by independently managing the steel manufacturing division of the O.P. Jindal Group in western India.

Since then, he has adopted an aggressive approach that has elevated JSW Steel to one of the largest privately owned integrated steel producers in India.

iii. In 2007, he was named the "Ernst & Young Entrepreneur of The Year" in the "Manufacturing Category".

About EY Entrepreneur Of The Year Award:
i. EY Entrepreneur of the Year is the most prestigious business award in the world given to entrepreneurs.

ii. The unique award makes a difference by promoting entrepreneurship among individuals with potential and honouring those who inspire others with their vision, leadership, and accomplishment.

iii. EY Entrepreneur of the Year honours individuals who are building and managing successful, growing and dynamic businesses.

• It is the first and only award of its kind to be truly global, and it does so through regional, national, and international award programmes in more than 145 cities across 60 countries.