The J. K. Organisation is an Indian industrial conglomerate, with headquarters in Delhi, Kanpur and Mumbai. It is run by the Singhania family, which rose to prominence in Kanpur, India, under Lala Kamlapat Singhania. The name JK is derived from the initials of Kamlapat and his father Seth Juggilal (1857–1922), who belonged to the family associated with the Marwari firm Sevaram Ramrikhdas of Mirzapur.[1] The JK Group was founded in 1918.[2]
 | |
| Founded | 1918 |
|---|---|
| Founder | Lala Juggilal Singhania & Lala Kamlapat Singhania |
| Headquarters | New Delhi |
Key people | (President) |
| Products | Cement, Tyres, Paper, Biotech, Chemicals, IT products, Dairy products, Seeds, Engineering equipment |
| Revenue | ₹32,000 crore (US$3.8 billion) |
Number of employees | 40,000 |
| Subsidiaries |
|
| Website | www.jkorg.in |
History
editThe group rose in importance in the 1950s to 1980s, when it was the third-largest industrial conglomerate in India after the Birla and Tata conglomerates. The group has multi-business, multi-product, and multi-location operations, with interests in many countries. It has overseas manufacturing operations in Mexico, Indonesia, Romania, Belgium, Portugal, the UAE, and Switzerland. The organization also includes research and development institutes in various fields.[3] The family is currently divided into three main groups headed by Dr. Gaur Hari Singhania based in Kanpur, Shri Hari Shankar Singhania based in Delhi and Shri Vijaypat Singhania based in Mumbai. The three men are cousins who now run independent businesses,[4][5] which are technically and legally separate entities and have no cross-holdings or common directors and employees, sharing only the family history.[6]
References
edit- ^ Timberg, Thomas A. (22 May 2015). The Marwaris: From Jagat Seth to the Birlas. Penguin UK. ISBN 9789351187134. Archived from the original on 2 May 2021. Retrieved 12 December 2020 – via Google Books.
- ^ Mahapatro, B. B. (1993). Industrial Wage Regulation in Orissa. Mittal Publications. p. 108. ISBN 978-81-7099-474-9.
- ^ "Group Profile". www.jkorg.in. Archived from the original on 12 June 2023. Retrieved 12 June 2023.
- ^ Singhania vs Singhania: what went wrong?[dead link]
- ^ "The Marwari business model-I - Business Line". www.thehindubusinessline.com. Archived from the original on 11 April 2013.
- ^ Chitravanshi, Ruchika (22 January 2020). "A brand of many firsts, the JK Group trying to live up to its legacy". Business Standard India. Archived from the original on 4 November 2020. Retrieved 30 October 2020.
External links
edit- J. K. Organisation website
- "Carrying forward its commitment towards the community it serves, JK Super Cement launches Diwali Campaign- Kare Har Raah Roshan #LightOfHappiness – Daily updates". Retrieved 12 June 2023.
- "JK Cement Ltd and PRESPL sign a Strategic MoU to Curate a 'Decarbonisation Path'; envisioned for Decade and Beyond – Daily updates". Retrieved 12 June 2023.