Jaypee Group
No Dream Too Big
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| Public | |
| Industry | Conglomerate |
| Founded | 1979 |
| Founder | Jaiprakash Gaur |
| Headquarters | Noida, Uttar pradesh, India |
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Key people
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Jaiprakash Gaur (Chairman) |
| Products | Engineering Construction Cement Power Hospitality Real Estate Expressways Information Technology |
| Revenue |
 ₹138.31 billion (US$2.1 billion) (2010–11) |
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₹17.54 billion (US$270 million) (2010–11) |
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Number of employees
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Over 80,000 |
| Website | www |
The Jaypee Group is an conglomerate based in Noida, India. It was founded by Jaiprakash Gaur which is involved in well diversified infrastructure conglomerate with business interests in Engineering & Construction, Power, Cement, Real Estate, Hospitality, Expressways, IT, Sports & Education (not-for-profit).
Jaiprakash Gaur was the founder and chairman of Jaiprakash Associates Limited. After acquiring a Diploma in Civil Engineering in 1950 from the now called Indian Institute of Technology Roorkee (IITR) in Roorkee, Uttarakhand, he had a stint with the Government of Uttar Pradesh. Later he became an entrepreneur, started as a civil contractor in 1958. Now the Jaypee group is the third largest cement producer in the country. The group's cement facilities are located today all over India in 10 states, with 18 plants having an aggregate cement production capacity of 24 million tonnes and same is poised to become 36 million Tonnes before October 2011.
Manoj Gaur is the elder son of Jaiprakash Gaur. He is the Chairman of the Jaiprakash Associates Limited. Jaypee is India's first largest cement producer and the largest private sector hydropower company with 1,700 MW in operation. The Jaypee Group successfully completed projects in 18 states of India and Bhutan. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012.
JIL, the group flagship, has an engineering and construction wing which mostly supports Jaypee projects. It also has the largest land bank in India's National Capital Region, i.e., New Delhi. Jaypee has four thermal power plants totalling 5,120 MW under construction, and these are slated to go on stream by December 2014.
In September 2015, JSW Energy acquired two hydropower Projects of Jaiprakash Associates in a deal worth ₹9,700 crore.
In August 2014, Shree Cements announced that it is set to acquire Jaiprakash Associates' 1.5 million tonne grinding unit at Panipat for 360 crore. The Jaypee group has been selling most of its cement assets to reduce its debt.
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Wikipedia