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J. K. Organisation

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]

J. K. Organisation
Industrycement, tyre, paper, Software, FMCG ,Dairy products
Founded1918; 105 years ago (1918)
FounderLala Juggilal Singhania & Lala Kamlapat Singhania
HeadquartersNew Delhi
Kanpur
Mumbai
Key people
Bharat Hari Singhania
(President)
ProductsCement, Tyre, Paper, Software, Dairy products, Seeds, Engineering equipment
Revenue$7.0 billion (4.99 trillion rupees)
Number of employees
50,000
Websitewww.jkorg.in

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]

The Kanpur family runs JK Cement Ltd and JK Technosoft, which provides technology solutions to organizations, while the Delhi family runs JK Tyre, JK Paper, JK Lakshmi Cement, JK Fenner India Ltd, Umang Dairies Ltd, JK Seeds, Global Strategic Technologies (a military solutions and equipment division), JK Risk Managers & Insurance Brokers and DELOPT-A Division of JKPL(design, development and production of Embedded Systems and Electro-optics Systems for Military and Civilian applications). The Mumbai family runs the Raymond Group of companies. Though run independently of each other, the various companies that are part of the organization all use the JK Group Logo, in recognition of the family's history. By tradition, the oldest male member of the family becomes the President of the JK Organisation and grants use of the logo to companies run by various family members when they apply for membership and pay an annual fee.

References

  1. ^ Timberg, Thomas A. (22 May 2015). The Marwaris: From Jagat Seth to the Birlas. Penguin UK. ISBN 9789351187134 – via Google Books.
  2. ^ Mahapatro, B. B. (1993). Industrial Wage Regulation in Orissa. Mittal Publications. p. 108. ISBN 978-81-7099-474-9.
  3. ^ JK Company Profile
  4. ^ Singhania vs Singhania: what went wrong?
  5. ^ . www.thehindubusinessline.com. Archived from the original on 11 April 2013.
  6. ^ Chitravanshi, Ruchika (22 January 2020). "A brand of many firsts, the JK Group trying to live up to its legacy". Business Standard India. Retrieved 30 October 2020.

External links

  • J. K. Organisation website
  • J. K. Super Cement #LightOfHappiness Festive Campaign
  • JK Cement Ltd and PRESPL sign a Strategic MoU

organisation, indian, industrial, conglomerate, with, headquarters, delhi, kanpur, mumbai, singhania, family, which, rose, prominence, kanpur, india, under, lala, kamlapat, singhania, name, derived, from, initials, kamlapat, father, seth, juggilal, 1857, 1922,. 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 J K OrganisationIndustrycement tyre paper Software FMCG Dairy productsFounded1918 105 years ago 1918 FounderLala Juggilal Singhania amp Lala Kamlapat SinghaniaHeadquartersNew Delhi Kanpur MumbaiKey peopleBharat Hari Singhania President ProductsCement Tyre Paper Software Dairy products Seeds Engineering equipmentRevenue 7 0 billion 4 99 trillion rupees Number of employees50 000Websitewww jkorg inHistory 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 The Kanpur family runs JK Cement Ltd and JK Technosoft which provides technology solutions to organizations while the Delhi family runs JK Tyre JK Paper JK Lakshmi Cement JK Fenner India Ltd Umang Dairies Ltd JK Seeds Global Strategic Technologies a military solutions and equipment division JK Risk Managers amp Insurance Brokers and DELOPT A Division of JKPL design development and production of Embedded Systems and Electro optics Systems for Military and Civilian applications The Mumbai family runs the Raymond Group of companies Though run independently of each other the various companies that are part of the organization all use the JK Group Logo in recognition of the family s history By tradition the oldest male member of the family becomes the President of the JK Organisation and grants use of the logo to companies run by various family members when they apply for membership and pay an annual fee References Edit Timberg Thomas A 22 May 2015 The Marwaris From Jagat Seth to the Birlas Penguin UK ISBN 9789351187134 via Google Books Mahapatro B B 1993 Industrial Wage Regulation in Orissa Mittal Publications p 108 ISBN 978 81 7099 474 9 JK Company Profile Singhania vs Singhania what went wrong 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 Retrieved 30 October 2020 External links EditJ K Organisation website J K Super Cement LightOfHappiness Festive Campaign JK Cement Ltd and PRESPL sign a Strategic MoU Retrieved from https en wikipedia org w index php title J K Organisation amp oldid 1130229685, wikipedia, wiki, book, books, library,

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