Jayprakash Gaur

Jaiprakash Gaur (born 1930) is an Indian entrepreneur. He founded and, until his retirement in 2010, was the chairman of Jaypee Group, a conglomerate with a heavy emphasis on engineering and construction (particularly for infrastructure and power projects), cement, and hydropower production. In 2012 he was ranked by Forbes magazine as the 70th-richest person in India, with an estimated net worth of US$855 million. Gaur has been associated with the construction industry for more than five decades.

Early life Gaur was born in a Gaur Brahmin family of the village Chitta near Bulandshahr in present Uttar Pradesh. His father was an agricultural inspector in the British government and worked as a serviceman in Beej Godam, Pakki Sarai at Anupshahr. He completed his secondary education at LDAV Inter College, Anupshahr. After graduating as a civil engineer from the University of Roorkee (now IIT Roorkee), he worked as a junior engineer in the Uttar Pradesh State Irrigation Department.

Career After graduation, Gaur joined the state government's irrigation department as a junior engineer. Subsequently he started his own venture as a civil contractor. Two decades later, he laid the foundation for the Jaypee Group by setting up Jaiprakash Associates, a civil engineering and construction company. To leave a secure government job and pursue contractorship in 1958, when it was considered to be most prestigious, required courage. In 1967, he led and transformed a motley group of persons into a company which took pride in its cable address "Iron Will" and went on to execute: Sardar Sarovar Dam – India’s largest dam with 7.2 million cu.m. of chilled concrete; larger by 75% in terms of volume than Bhakra Nangal Dam Tehri Dam - Asia's largest rockfill dam Nathpa Jhakri (powerhouse) - The largest underground powerhouse in India

In 2010 he was ranked by Forbes magazine as the 48th-richest person in India, with an estimated wealth of US$1.5 billion. 2005 "Lifetime Achievement Award" by Builders' Association of India, in recognition of his outstanding contribution to the Indian construction industry 2005 "Udyog Ratna" award by the Progress Harmony Development (PHD) Chamber of Commerce & Industry, in recognition of his contribution to the economic development of Madhya Pradesh 2008 "Entrepreneur of Year Award", by Ernst & Young, for his exceptional contribution to the infrastructure and construction sector