Savitri Jindal

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Indian industrialist and politician; chairperson emeritus of Jindal Steel and head of the O.P. Jindal Group family; member of the Haryana Legislative Assembly for Hisar

Savitri Jindal

Born 20 3 1950 (age 76 years old (as of 2026)

)

(Forbes)
Occupation Industrialist; politician
Known for Chair of the O.P. Jindal Group; chairperson emeritus of Jindal Steel
Spouse(s) Om Prakash Jindal (died 2005)
Children 9 (Forbes)

Savitri Jindal (born 1950) is an Indian industrialist and politician. She chairs the O.P. Jindal Group, founded by her late husband Om Prakash Jindal, and is chairperson emeritus of Jindal Steel Limited.[1][2] She has represented Hisar in the Haryana Legislative Assembly for three terms: as a Congress member, first elected in 2005, and since October 2024 as an independent who backs the Bharatiya Janata Party (BJP) state government.[3][4][5][6] On 20 October 2026 the Forbes Real-Time Billionaires list ranked Savitri Jindal & family 56th in the world, with an estimated net worth of US$38.26 billion; Forbes lists the source of wealth as Steel.[1][7] In the annual World's Billionaires list published in 2026, Forbes had ranked Savitri Jindal 51st, at US$39.1 billion.[8]

Family and the O.P. Jindal Group

Forbes records that Om Prakash Jindal started in business making buckets in 1952 and founded a pipe unit, Jindal India, in 1964. After he died in a helicopter crash in 2005, the group's companies were divided among his four sons, who run them independently. Forbes describes the group's interests as steel, power, cement and infrastructure, with Savitri Jindal as its chair.[1] The Hindu reported that O.P. Jindal, also an industrialist-politician and a minister in the Haryana government, was killed when his private helicopter crashed near the Haryana–Uttar Pradesh border in March 2005.[4]

According to Forbes, the largest assets are overseen by her son Sajjan Jindal. Based in Mumbai, he runs JSW Steel, JSW Cement and JSW Paints, among other businesses. Forbes also records that he floated the ports business JSW Infrastructure in 2023, set up an electric-vehicle joint venture with MG Motor in 2024, and listed JSW Cement in August 2025. Her younger son Naveen, based in Delhi, runs Jindal Steel & Power, now renamed Jindal Steel Limited.[1][2] Forbes reported that the company was weighed down by US$7.1 billion of debt in 2017 and US$4.7 billion in 2021.[1]

Jindal Steel

Jindal Steel Limited's integrated report for 2025–26, filed in August 2026, lists Savitri Jindal as chairperson emeritus. It carries a tribute saying she "has played a defining role in preserving the values" on which the company was founded, and credits her guidance with the company's education, healthcare, livelihood and community programmes. The report's shareholding schedules list "Savitri Devi Jindal" in the promoter group with 11,16,540 shares (0.11%). It also names a Savitri Jindal Airstrip and a Savitri Jindal DAV School in its operating areas.[2] Her 2024 election affidavit, as tabulated by the Association for Democratic Reforms, lists holdings of 1,116,540 shares in Jindal Steel and Power among her movable assets.[9]

Political career

Hindustan Times reported that she was first elected to the assembly for Hisar at a by-election held after her husband, the sitting member, died in 2005.[3] The Hindu reported that she was a minister of state in Bhupinder Singh Hooda's 2005–2009 Congress government. On 29 October 2013 she was sworn in again as a minister, while sitting as a Congress legislator for Hisar.[4] Hindustan Times said she would take the urban local bodies portfolio, and described her as a two-term member of the assembly.[3]

In the October 2024 Haryana assembly election she stood in Hisar as an independent. According to the Election Commission's results, she won with 49,231 votes and a margin of 18,941.[5] The Hindi daily Haribhoomi reported that she had previously been a BJP politician but was denied the party's ticket for the seat. It said the Congress candidate Ram Niwas Rara came second, and that after the result she declared support for the new BJP government, as did two other independents. Her son Naveen Jindal announced her support.[6] Forbes records that Naveen left the Congress party and joined the BJP in March 2024.[1]

Declared assets

Candidates for Indian elections must file sworn statements of assets. In her 2024 affidavit, as compiled by the Association for Democratic Reforms, she declared personal assets of ₹2,70,66,07,000 (about ₹270 crore) and no liabilities or criminal cases. The same record lists earlier declarations of about ₹43 crore (2009) and about ₹113 crore (2014).[9] These figures cover only assets held in her own name. Forbes's net worth estimate is for her and her family.[1]

Wealth

Forbes lists her as "Savitri Jindal & family" and gives steel as the source of the family's wealth.[1]

Wealth history

Forbes has included this entry in its annual World's Billionaires list in 20 of the editions from 2001 to 2026 checked for this profile, starting with 2007. The table gives the rank and estimated net worth in each annual list.[8][1]

Forbes estimates by list year
Year World's Billionaires rank Net worth (US$ bn)
2007 390 2.4
2008 110 8.2
2009 234 2.7
2010 44 12.2
2011 56 13.2
2012 80 10.9
2013 155 7.6
2014 295 4.9
2015 283 5.3
2016 453 3.5
2017 303 5.2
2018 176 8.8
2019 290 5.9
2020 349 4.8
2021 234 9.7
2022 91 17.7
2023 94 17.5
2024 46 33.5
2025 48 35.5
2026 51 39.1

Philanthropy

Jindal Steel's annual report credits her guidance for its education, healthcare and community programmes.[2] No separate personal foundation in her name was documented in the sources checked.

International and political links

This section uses the same ten headings for every profile in this series. Only specific, sourced actions are included; company-level and foundation-level actions are labelled as such. Where nothing was found, the entry reads "No documented involvement found in sources checked."

Israel (investments, operations, donations, contracts, statements)

No documented involvement found in sources checked.

Zionist or pro-Israel organisations and lobbying groups

No documented involvement found in sources checked.

Jewish communal charities

No documented involvement found in sources checked.

Gulf states

No documented involvement found in sources checked.

China

No documented involvement found in sources checked.

Russia

No documented involvement found in sources checked.

India

No documented involvement found in sources checked.

Palestinian or Arab causes

No documented involvement found in sources checked.

Home government

She is an elected member of the Haryana Legislative Assembly and a former Haryana minister. Since October 2024 she has backed the state's BJP government (see Political career).[4][3][5][6]

Other international links

No documented involvement found in sources checked.

See also

Notes

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Forbes, Forbes profile record for Savitri Jindal & family (Forbes data feed behind forbes.com/profile/savitri-jindal/) Forbes, live record, read 20 October 2026, accessed 20 October 2026.
  2. ↑ 2.0 2.1 2.2 2.3 Jindal Steel Limited (formerly Jindal Steel & Power Limited), Integrated Report 2025-26 (annual report filed with the stock exchanges) National Stock Exchange of India archives, 6 August 2026, accessed 20 October 2026.
  3. ↑ 3.0 3.1 3.2 3.3 HT Correspondent, Savitri Jindal, Aftab Ahmed sworn into Haryana cabinet Hindustan Times, 30 October 2013, accessed 20 October 2026.
  4. ↑ 4.0 4.1 4.2 4.3 PTI / The Hindu, India’s richest woman is new Haryana Minister The Hindu, 29 October 2013, accessed 20 October 2026.
  5. ↑ 5.0 5.1 5.2 Election Commission of India, Haryana General Legislative Election 2024 – party-wise winners: Independent (archived copy of results.eci.gov.in) Election Commission of India (via Internet Archive), results updated 8 October 2024; archived 9 October 2024, accessed 20 October 2026.
  6. ↑ 6.0 6.1 6.2 Priya Grewal, हरियाणा में BJP को हिसार से मिला शगुन: ना...ना करते सावित्री जिंदल ने भी दिया भाजपा को समर्थन, 2 निर्दलीय भी कर चुके हैं ऐलान (Haryana: BJP gets a good omen from Hisar – after refusing, Savitri Jindal too backs the BJP; two independents had already declared support) Haribhoomi, 9 October 2024, accessed 20 October 2026.
  7. ↑ Forbes, Forbes Real-Time Billionaires data feed Forbes, live; downloaded 20 October 2026 11:51 UTC, accessed 20 October 2026.
  8. ↑ 8.0 8.1 Forbes, Forbes World's Billionaires list data feed, annual editions 2001–2026 (one file per year at this path with the year substituted; all 26 files downloaded and read) Forbes, annual lists; downloaded 20 October 2026, accessed 20 October 2026.
  9. ↑ 9.0 9.1 Association for Democratic Reforms (MyNeta), SAVITRI JINDAL (Winner), HISAR (HISAR) – Haryana 2024: criminal and asset declaration (from candidate affidavit) MyNeta.info, affidavit for the October 2024 election; accessed 20 October 2026, accessed 20 October 2026.