About The Person

Mr. Sachit Jain is the Vice - Chairman/ Managing Director, Vardhman Special Steels Ltd.- a Rs.450 crore enterprise, one of the best quality alloy steel producers of India. He studied Electrical Engineering at IIT, New Delhi, Management at IIM, Ahmedabad and Financial Management at Stanford, USA. He was awarded gold medal at IIM, Ahmedabad in 1989. Before joining Vardhman Group in 1990 as Executive Director, he started his management career with Hindustan Lever in 1989.

Towards building the Group

He has helped shape up Vardhman's investment in Baddi, Himachal Pradesh, India right from the beginning. Starting with an initial investment of Rs 32 crores he has led the team which put up 9 factories with a cumulative investment of approximately Rs. 1500 crores and a direct employment of over 7000 people. After stabilization of manufacturing operations of the Group in Himachal Pradesh, he shifted to Vardhman Group Corporate Office in Ludhiana to help Group's overall operations in different businesses.

In 2010, he took charge of Vardhman Group’s steel division- Vardhman Special Steels Ltd. as the Vice-Chairman/ Managing Director. He transformed the culture of the steel division into a growth oriented company, Installed a new rolling mill and helped to improve the productivity in the Steel Melting Shop which lead to a significant increase in production from 60,000 tons to 170,000 tons. Under his leadership the company’s turnover grew from 250 Cr to 1100Cr.

Professional contribution in the industry

He has been active in various business forums:
  • Actively involved in CII since 25 years and past Chairman of the Northern Region.
  • Founder and President of the Baddi Barootiwala Nalagarh Association (the largest industrial association in Himachal Pradesh)
  • Ex-President of the Ludhiana Management Association
  • Involved in several government bodies in Punjab and Himachal Pradesh.
  • Valuing his contributions, he was honoured by the Govt. of Himachal Pradesh and was awarded the Prerna Stotra Puruskar.

Areas Of Interest

He is a keen golfer, swimmer and martial arts practitioner. He is widely traveled. He keeps sharpening the cutting edge of knowledge. He keeps exploring new dimension of business and personal excellence and has an interest in living a holistic life. He is married to Suchita Jain, Vice-Chairman of Vardhman Textiles and has two daughters. He has published his first book " READY FOR TAKEOFF ".

 
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