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The highest paid CEOs in India

February 17, 2009

Sajjan Jindal

Rank: No 9

Company: J S W Steel Limited

Designation: Vice chairman and managing director

Compensation: Rs 16.73 crore (Rs 167.3 million)

J S W Steel market cap: Rs 4,111.20 crore (Rs 41.11 billion)

About: Jindal looks after JSW Steel Ltd, Jindal Thermal Power Company Ltd, South West Port Ltd, Jindal Praxair Oxygen Company Ltd and Southern Iron and Steel Company Ltd. Today, JSW Steel is the third largest manufacturer of steel in India, while the JSW (Jindal South West Holding) Group has expanded from a steel rolling mill in 1982 to a multi-business conglomerate. Its interest now extends to other areas such as power, port and chemicals.

Jindal says he plans to invest $15 billion in aluminium, cement and infrastructure over the next three years.

In 2008, he took over as the president of the Associated Chambers of Commerce and Industry. He is also director of the Indian Institute of Management, Indore and the National Shipping Board.

Image: Sajjan Jindal

Also read: How companies make good decisions

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