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JK Organisation, the Rs 21,000-crore conglomerate with a workforce of over 40,000, has business interests across the globe, spanning over 90 countries. The JK Organisation traces its origin in the 18th century, when it came into being under the leadership of Lala Kamlapatji and his father Lala Juggilalji, therefore the name ‘J.K.’. While the flagship businesses are Tyre & Industries, Cement and Paper, the group umbrella also includes Fenner India, JK Seeds, Umang Dairies and JK Agri Genetics. The group also has a significant presence in the clinical research and insurance solutions through its companies: CliniRx Tangent Research and JK Risk Managers & Insurance Brokers Ltd.
The pioneering spirit of J.K. Organisation which has been constantly striving to provide best products to its consumers also felt the need to have a functionally effective education system for the growing generations of India. While it continues to run various schools across its facilities in different parts of the country under the Lakshmipat Singhania Foundation, The JK Lakshmipat University at Jaipur has taken up the responsibility to shaping up the new-age new-age technocrats and business leaders.
The conglomerate is also in health care services. While every plant of the group has primary healthcare facilities for its employees and communities living around them, it runs the Pushpawati Singhania Research Institute for Liver, Renal and Digestive Diseases, New Delhi, the JK Institute of Radiology & Cancer Research, Kanpur and the Lakshmipat Singhania Institute of Cardiology, Kanpur.
The Group on an expansion spree with the three flagship businesses
The Tyre business has recently announced an investment of INR 1,430 crore to expand capacity for the production of trucks, buses and car radial tyres at its plant near Chennai over the next 15 months. The other flagship business JK Lakshmi Cement also announced its expansion plan with a cost structure of Rs 1,550 crore, involving setting up of a 2.7 million-tonnes-a-year (mtpa) Greenfield project at Durg, Chhattisgarh along with captive limestone mine and two grinding units. Continuing the growth momentum is JK Paper business that has commissioned its Rs 1,750-crore expansion at Rayagada, Orissa, adding nearly 60 per cent to its paper production capacity.