Mr. Hemant Jalan

(BT/CHE/1977)

Mr. Hemant Jalan founded Indigo Paints in 2000, which has grown multi-fold over the years, culminating in a successful IPO of the company in early 2021. Indigo Paints Ltd. is today the fourth largest paint manufacturer in India, with annual sales of over Rs 1000 crores.

Profile

Mr. Hemant Jalan did his B.Tech in Chemical Engineering from IIT Kanpur in 1977. During his tenure at IITK, he was the General Secretary (Cultural) from 1976-77 and represented IITK in inter-collegiate debate competitions throughout his stay at the Institute. After his graduation from the Institute, Mr. Hemant Jalan completed his Master's degree in Chemical Engineering at Stanford University and earned his MBA Degree from Chicago Booth (University of Chicago).

Mr. Jalan returned to India in 1980 and was a Management Consultant with AF Ferguson & Co., Mumbai for two years before starting his entrepreneurial journey at Patna. After setting up and running some chemical companies at Patna for many years, he moved to corporate life, heading the Copper business of Vedanta Ltd. at Tuticorin (TN) between 1996-99.



In 1999, Mr. Jalan relocated to Pune, re-starting his entrepreneurial career to launch Indigo Paints. He is the recipient of the prestigious IITK Distinguished Alumnus Award, 2021.