Promoter and Founding Member

Mr. Sandeep Jajodia is a visionary whose commitment and passion have enabled the Monnet Group to emerge as the second-largest coal based sponge iron company in India.

Born in Kolkatta, Mr. Jajodia showed his business spark at an early age by envisaging the potential and opportunities associated with the steel sector. Armed with rigorous training in critical aspects of marketing, strategy formation and international business, Mr. Jajodia started his career foraying into manufacturing by setting up the Monnet Group’s first Ferro Alloy Unit in 1991 at a capital cost of Rs.1.7 Cr. Monnet Group has now grown to a 1.5 MTPA Integrated Steel Plant and 1050 MW Independent Power Plant with investment of more than Rs. 10000 Cr.

Mr. Jajodia’s comprehensive grasp of the intricacies of every aspect of the business has nurtured the Group from a ferro alloy manufacturer to a fully integrated primary steel player with interests in sponge iron, mining, ferro alloys steel and power generation. He has guided the Monnet to be part of the elite group of primary steel producers with the 1.5 MTPA integrated steel plant at Raigarh, Chhattisgarh. He has a clear business philosophy of adding value to existing business operations by leveraging its competitive edge acquired through backward and forward integration.

Mr. Jajodia, besides being the driving force behind the growth of the Monnet Group, is also actively involved in other aspects relevant to industry and society. He has held prestigious positions such as Vice President of ASSOCHAM and Chairman of Sponge Iron Manufacturers Association (SIMA). He is also committed to MIEL’s CSR activities, promoting various programmes through the Monnet Foundation.

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