J. K. Organisation Explained

J. K. Organisation
Key People:Bharat Hari Singhania
(President)
Location:New Delhi
Founder:Lala Juggilal Singhania & Lala Kamlapat Singhania
Products:Cement, Tyres, Paper, Biotech, Chemicals, Dairy products, Seeds, Engineering equipment
Subsid:
  • JK Tyre & industries
  • JK Lakshmi cement
  • JK Cement
  • JK Diary
  • JK Risk Managers and Insurance Brokers
  • JK Paper
  • JK Fenner
  • JK Agri Genetics (JK seeds)
  • JK Pharma-Chem
  • JK Sugar
  • CliniRx Research
  • Delopt
  • Global Strategic Technologies
Num Employees:40,000
Homepage: www.jkorg.in

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]

History

The 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]

External links

Notes and References

  1. Book: Timberg, Thomas A.. The Marwaris: From Jagat Seth to the Birlas. 22 May 2015. Penguin UK. 9789351187134. Google Books. 12 December 2020. 2 May 2021. https://web.archive.org/web/20210502031042/https://books.google.com/books?id=5cWUAwAAQBAJ&q=Sevaram%20Ramrikhdas&pg=PT52. live.
  2. Book: Mahapatro, B. B. . Industrial Wage Regulation in Orissa . 108 . 1993 . Mittal Publications . 978-81-7099-474-9 .
  3. Web site: Group Profile . 2023-06-12 . www.jkorg.in . 12 June 2023 . https://web.archive.org/web/20230612122742/https://www.jkorg.in/index.php/group-profile . live .
  4. http://www.livemint.com/Companies/V3FLJjBVvmPLLKeDTgODmO/Singhania-vs-Singhania-what-went-wrong.htm Singhania vs Singhania: what went wrong?
  5. Web site: The Marwari business model-I - Business Line . www.thehindubusinessline.com . dead . https://web.archive.org/web/20130411161421/http://www.thehindubusinessline.com/opinion/the-marwari-business-modeli/article4591445.ece . 2013-04-11.
  6. News: Chitravanshi . Ruchika . A brand of many firsts, the JK Group trying to live up to its legacy . 30 October 2020 . Business Standard India . 22 January 2020 . 4 November 2020 . https://web.archive.org/web/20201104042412/https://www.business-standard.com/article/companies/a-brand-of-many-firsts-the-jk-group-trying-to-live-up-to-its-legacy-120012200061_1.html . live .