One of the fundamental rules of business, and indeed, life, is the need to change with the times. In the world of commerce, it is often seen that organisations go through a life cycle of birth, ascendancy and gradual decline or reorganisation. Instances of businesses surviving for over a century, under the same ownership, and yet, adapting to, and adopting change are few and far between. Yet rarer are instances of a single such business organisations having a profound impact on an entire city. by virtue of their activities and contribution to it. Seen in this context, the Singhania family and their family firm, the J.K. Organisation, are a unique example in modern industrial history.
Long before phrases such as first-mover advantage, corporate social responsibility, value-based corporate governance and sustainable development became an almost fashionable part of corporate lexicon, a tall, muscular man had silently triggered a chain of events and initiatives that would form the basis of an industrial revolution and social change in a city born out of imperial necessity rather than a natural social process.
The man was Lala Kamlapat Singhania. His laboratory of experiments and place of worship was the city of Kanpur and his legacy – the J.K. Organisation
The J.K. Organization founded over 135 years ago, is among India’s top Industrial Houses with assets exceeding US $ 1.6 billion. The Group has extensive operations in India and abroad, employing over 50,000 people.
The Group’s operations can best be characterized as multi-business, multi-product and multilocation with head office in New Delhi, the Capital of India. The Group has a distinguished record of being pioneers in introducing several new products and processes into India for the first time. It comprises of a number of industrial and commercial companies, exceeding 70 in number, most of them public limited, in which J.K. Organization has controlling interest ranging from 35% to 70%. In the major public limited companies, there are a large number of public shareholders aggregating over 8,00,000. J.K. Organization has achieved a number of important technological break-through and has an impressive record of Firsts in India, prominent among them being:
J.K. Organization has very diversified manufacturing activities such as Synthetic Fibers like: Nylon, Polyester, Acrylic, Paper & Boards, Cement, Automobile Tyres & Tubes, Cotton, Woolen and Jute Textiles, Engineering, Plastic Processing, Agrochemicals, Hybrid Seeds, Cosmetics, Audio & Video magnetic tapes, Power transmission including V-Belts and Conveyor Beltings, Automotive Belts, Oil Seals, System Engineering, Industrial, Electronics and Material handling systems etc.
The Group is further diversifying in other fields like Petrochemicals, Steel, Drugs & Pharmaceuticals, Food & Dairy Products, Electronics, Computer Software, Power generation, Rubber hoses, etc. The Group exports number of products including Jute Textiles, Woolen Textiles, Readymade Garments, Engineering Files, Tyres and Tubes, Synthetic Fibers, Paper, Marine products, Spices etc.