Steel and Metals Market Research (SMR) GmbH, an international independent market research organisation, recently conferred the Stainless-Steel Executive of the Year 2024 Award to Chairman, Jindal Stainless Ratan Jindal.
The award was given to him for his exceptional leadership, strategic vision, and firm commitment to driving Jindal Stainless’ success in the stainless-steel industry globally.
Jindal was honoured for his role in transforming India’s stainless-steel industry. Owing to his business acumen, Jindal Stainless has emerged as a major player in the global stainless-steel market, renowned for its high-quality products, technological advancements, and sustainable practices.
Some of his key milestones include commercialising the 200 series of stainless steel in India; initiating usage of stainless steel in Indian Railways’ wagons and coaches, replacing the conventionally used carbon steel; introducing blade steel and precision strips and making Jindal Stainless the top producer of razor blade steel in the world currently; financial turnaround of Jindal Stainless to make India’s major and among the world’s top 5 stainless steel producing companies; championing sustainable practices, including achieving Net Zero carbon emissions by 2050; entering into a strategic agreement to set up a nickel pig iron smelter in Indonesia.
