About Jindal Aluminium Ltd.
Jindal Aluminium Limited (JAL) established its factory for manufacture of aluminium extrusions in the year 1968 at Bangalore. JAL has 6 aluminium extrusion presses with an installed capacity of 75,000 TPA. The company is the leader in aluminium extrusions in India having produced about 45,000 MT during 2005-06 and it being the largest manufacturer of aluminium extrusions, is meeting country’s30% of total demand. It is also exporting its products to several countries all over the world. JAL’s products are well known for its quality and considered best among more than 100 aluminium extrusion manufacturers in the country. Due to image, reputation and high quality, its products command 10-15% premium in the market. However, this benefit goes to dealers and consumers only. Company’s present turnover is 900 crore, share capital and reserve are Rs.900 crore and total worth is Rs.1000 Crores. Since beginning it is a profit making company. The company has not taken loan from any source since it has surplus funds of its own which are invested safely.
Wind power is environment friendly and a green technology. JAL’s 12.04 MW Wind Power Projects are situated at Chitradurga District, 200 km from Bangalore. JAL is now self-sufficient in power through the wind power it generatesand the excess is being channelised to the State grid. JAL is also in the process of establishing another wind power project in Karnataka with 12.4 MW capacities. With this, JAL will have nearly 25 MW wind powerprojects.
JAL organization comprises various charitable and social welfare institutions as well as number of trusts and societies through which it is rendering yeomen services to the mankind. Hence JAL is more of a social organization. Giving donation regularly to 600 organisations and scholarship to 5000 children all over India. Its trust and societyare havingsubstantial funds to generate income for donations and other activities, continuing for decades.
Since the last 40 years, JAL has always been earning profits, most of which are diverted towards welfare and charitable activities, particularly for the downtrodden or weaker section of the society as per the wishes of the CMD, Dr.S.R.Jindal, who has also founded several charitable trusts and societies apart from institutions like world renowned Jindal Naturecure Institute, Manav Charitable Hospital (an allopathy hospital), Jindal Charitable Hospital (an allopathy hospital), mobile dispensaries serving at the doorsteps of the villagers, Jindal Public School, Jindal Pre-university College, Mahila Arts & Crafts Institute besides adopting 100 villages in Karnataka 10 years back where basic amenities like potable water, education (school buildings) and medical facilities have been provided. One can say that JAL is more of a social organization though business-wise also it is doing well in its own way.