JSPL wins FICCI Award in recognition of Corporate Initiatives in Sports

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India CSR News Network

NEW DELHI: Jindal Steel and Power Limited (JSPL) has been felicitated by Federation of Indian Chambers of Commerce and Industry (FICCI) today, in recognition of outstanding corporate initiatives in Sports.

Mr. Naveen Jindal, EVC and Managing Director, JSPL received the prestigious award from  Prime Minister of India, Dr. Manmohan Singh in presence of Union Minister of Commerce and Industry, Shri Kamal Nath; Mr. Saroj Kumar Poddar, President FICCI; Mr. Amit Mitra, Secretary General, FICCI and others

The award has been given to JSPL for showing a strong commitment towards sports promotion. This commitment has been reflected in JSPL’s efforts towards development of sports infrastructure, support to deserving and budding sportsperson through scholarships and nurturing talent with a view to improving the overall performance in international sports competition.

JSPL constituted Jindal Steel and Power Sports Promotion Board in 2004 with the view to encourage, promote, develop and control the athletics, sports and cultural activities in the organisation. The major sports that have been adopted by JSPL are shooting, archery, boxing, fencing, polo, wrestling and rock climbing. JSPL also supports other sporting activities related to hockey, cricket, football, basketball, weightlifting, table tennis etc. JSPL also encourages sportspersons by providing them employment.

JSPL over the years have developed widespread infrastructure to encourage sporting events and activities which includes boxing ring, shooting ranges, skeet range, fencing platform, polo grounds, multipurpose gymnasiums, squash court, swimming pools, yoga center and human performance lab. JSPL is also investing in various charitable organisations dedicated towards the development of sports.

On receiving the award, Mr. Naveen Jindal, EVC and Managing Director said, “Sports inculcate the characteristics and discipline that lead to high performance, drive and initiative to achieve and high level of confidence. These are essential factors in making a winner. It is a proud moment for all of us at JSPL.”

Jindal Steel and Power (JSPL), part of the US$4 billion Jindal Organisation, has business interests in steel production, power generation, mining iron ore, coal and diamond exploration/mining. The current turnover of the company is over Rs. 2900 crores and on a path of catalyzing economic development of the country through its contribution to the infrastructure sector.

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