Abhyuday Jindal

Abhyuday Jindal is an Indian businessman and business executive who is serving as the managing director of Jindal Stainless Limited (JSL).

He is also the 97th President of the Indian Chamber of Commerce since his appointment in October 2024. He served as the co-chair of the Steel Committee of the Federation of Indian Chambers of Commerce & Industry and is the Vice President of the Infrastructure Industry and Logistics Federation of India. He also played basketball during his school and college years.

Career In 2010, Jindal began his career as an associate manager at JSW Group, where he worked alongside engineers and gained experience in company operations. He was involved in the acquisition of a stake in Ispat Industries and its integration with JSW. After a brief period as a consultant at Boston Consulting Group (BCG), Jindal joined Jindal Stainless Limited as Vice Chairman in November 2015. The company successfully exited the Corporate Debt Restructuring framework on 31 March 2019.

He conceptualized Jindal Saathi, a co-branding initiative by Jindal Stainless that offers co-branded stainless steel pipes and tubes to distinguish genuine products from counterfeit ones in the market.

In January 2024, Jindal advocated for the removal of import duties on raw materials in the Union budget of India to support domestic manufacturers and proposed the imposition of Basic Customs Duty on imports to address the influx of low-cost stainless steel products from countries such as China and Vietnam.

He raised concerns on multiple occasions about Chinese stainless steel being sold at subsidized rates, noting its negative impact on small and medium-sized enterprises, with some businesses exiting or shifting to trading.

Leadership and affiliations In October 2024, Abhyuday Jindal was elected as the President of the Indian Chamber of Commerce (ICC). He served as the co-chair of the Steel Committee at FICCI. and serves as the co-chair of the Advisory Council of the Corrosion Management Division at the Confederation of Indian Industry. He was also recognized as the Next-Gen Philanthropy Leader of the Year by Hurun Report India. In the 2023-2024 BT-PwC India’s Best CEOs ranking, he was awarded Best CEO in the Mid-sized Companies category by Business Today.

In June 2022, Fortune India named him as one of the Game Changers in Manufacturing. Abhyuday Jindal was named one of Businessworld′s Most Valuable CEOs of 2024.