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{{short description|Indian business executive (born 1957)}}
{{COI|date=October 2016}}
{{Use dmy dates|date=September 2014}}

{{Infobox person
| name = Anand Jain
| image_size =
| image=AJ Pic.jpg
| caption= 2005
| resting_place_coordinates =
| nationality = Indian
| other_names =
| known_for = Expertise in financial services and real estate;<br/>
| occupation = Business executive
| title = Chairman of Jai Corp Ltd.
| salary =
| networth =
| height =
| weight =
| term =
| predecessor =
| successor =
| party =
| boards =

| spouse = Sushma Jain
| partner =
| children = Neha, Harsh
}}

'''Anand Jain''' (born 1957) is an Indian business executive. He is the Chairman of Jai Corp Limited, Urban Infrastructure Venture Capital Limited. He has 30 years of experience in various businesses, with an expertise in real estate, finance and [[capital market]]s and often considered as third son of Dhirubhai Ambani

Anand Jain was No. 11 on the [[Forbes]] ''India's 40 Richest'' list in 2007.<ref>{{cite news
| url = https://www.forbes.com/lists/2007/77/biz_07india_Anand-Jain_B7E9.html
| title = India's Richest: #19 Anand Jain
| work = [[Forbes]]
| date = 14 November 2007
| accessdate = 2007-04-21
}}</ref>

==Business career==

According to an article published in [[The Economic Times]] in 2005, Anand Jain was first noted in [[Reliance Industries|Reliance]] in the mid-1980s, when he crushed the [[Bear market|bear]] [[cartel]] led by Manu Manek, the then kingpin of [[Bombay Stock Exchange]].<ref name="economictimes_man_behind">{{cite news
|url=http://economictimes.indiatimes.com/articleshow/979659.cms
|title=Anand Jain - the man behind Mukesh Ambani
|work=[[The Economic Times]]
|date=2005-01-04
|accessdate=2007-04-21
|archiveurl=https://web.archive.org/web/20070514061959/http://economictimes.indiatimes.com/articleshow/979659.cms
|archivedate=14 May 2007
|url-status=live
|df=dmy
}} ({{cite web |url=http://www1.economictimes.indiatimes.com/articleshow/979659.cms |title= |access-date=8 September 2016}}{{dead link|date=September 2016|bot=medic}}{{cbignore|bot=medic}})</ref> Later, he emerged as a key figure in the running of the day-to-day operations of the [[Reliance Industries|Reliance group]], particularly its telecom venture [[Reliance Infocomm]]. In January 2005, [[Anil Ambani]] (brother of [[Mukesh Ambani]]) resigned as vice-chairman and director of IPCL, citing his differences with Anand Jain.<ref>{{cite news
| url = http://in.rediff.com/money/2005/jan/03ril3.htm
| title = Anil quits IPCL board; accuses Anand Jain of conspiracy
| publisher = [[Rediff.com]]
| date = 2005-01-03
| accessdate = 2007-09-21
}}</ref><ref>{{cite news
| url = http://www.iht.com/articles/2005/01/03/business/reliance.php
| title = A resignation amid rift at Reliance
| work = [[International Herald Tribune]]
| date = 2005-01-04
| accessdate = 2007-09-21
}}</ref><ref>{{cite news
| url = http://timesofindia.indiatimes.com/articleshow/msid-979220,prtpage-1.cms
| title = Anil Ambani resigns from IPCL
| work = [[The Times of India]]
| date = 2005-01-03
| accessdate = 2007-09-21
}}</ref><ref>{{cite news
| url = http://timesofindia.indiatimes.com/business/india-business/anil-fires-fresh-salvo-at-mukesh/articleshow/989751.cms
| title = Anil fires fresh salvo at Mukesh
| work = [[The Times of India]]
| date = 2005-01-13
| accessdate = 2007-09-21
}}</ref><ref>{{cite news
| url = http://www.hindu.com/2005/01/04/stories/2005010406580100.htm
| archive-url = https://web.archive.org/web/20050104131013/http://www.hindu.com/2005/01/04/stories/2005010406580100.htm
| url-status = dead
| archive-date = 2005-01-04
| title = Anil Ambani quits as IPCL Vice-Chairman
| work = [[The Hindu]]
| date = 2005-01-03
| accessdate = 2007-09-21
| location=Chennai, India
}}</ref><ref>{{cite news
| url = http://www.telegraphindia.com/1050105/asp/business/story_4213842.asp
| title = Stocks pause for breath
| publisher = [[The Telegraph (Calcutta)|The Telegraph]], [[Calcutta]]
| date = 2005-01-05
| accessdate = 2007-09-21
| location=Calcutta, India
}}</ref> In June 2005, media reported that Jain would step down from the IPCL board, after a settlement was announced between the two Ambani brothers.<ref>{{cite news
| url = http://www.telegraphindia.com/1050619/asp/business/story_4887796.asp
| title = Anand Jain quits IPCL board
| work = [[The Telegraph (Calcutta)|The Telegraph]]
| date = 2005-06-19
| accessdate = 2007-09-21
| location=Calcutta, India
}}</ref><ref>{{cite news
| url = http://in.rediff.com/money/2005/jun/18ril6.htm
| title = Anil wins; Anand Jain out of IPCL
| publisher = [[Rediff.com]]
| date = 2005-06-18
| accessdate = 2007-09-21
}}</ref><ref>{{cite news
|url=http://www.outlookindia.com/pti_news.asp?id=305157
|archive-url=https://archive.today/20130104091709/http://www.outlookindia.com/pti_news.asp?id=305157
|url-status=dead
|archive-date=2013-01-04
|title=Anil gets settlement bonus - shelving Anand Jain from IPCL
|work=[[Outlook (Indian magazine)|Outlook]]
|date=2005-05-18
|accessdate=2007-09-21
}}</ref> However, in July 2005, it was reported that he has stayed on the IPCL board.<ref>{{cite news
| url = http://www.hindu.com/2005/07/14/stories/2005071409271801.htm
| archive-url = https://web.archive.org/web/20060514222039/http://www.hindu.com/2005/07/14/stories/2005071409271801.htm
| url-status = dead
| archive-date = 2006-05-14
| title = Anand Jain stays on IPCL board
| work = [[The Hindu]]
| date = 2005-07-14
| accessdate = 2007-09-21
| location=Chennai, India
}}</ref><ref>{{cite news
| url = http://www.telegraphindia.com/1050714/asp/business/story_4987719.asp
| title = Jain still on IPCL board
| work = [[The Telegraph (Calcutta)|The Telegraph]]
| date = 2005-07-13
| accessdate = 2007-09-21
| location=Calcutta, India
}}</ref>

Anand Jain has been closely associated with the Fortune 500 Reliance Group for over 25 years. He served as the vice-chairman of [[Reliance Capital]]<ref>{{cite news
| url = http://timesofindia.indiatimes.com/business/india-business/reliance-cap-to-issue-preference-shares/articleshow/39580476.cms
| title = Reliance Cap to issue preference shares
| work = [[The Times of India]]
| date = 2003-03-07
| accessdate = 2007-09-21
}}</ref> and also on the Reliance group company Indian Petro Chemicals Ltd. (IPCL).

Anand Jain served on board of trustees of [[Mumbai Port Trust]] twice for two years each, and also on the [[Jawaharlal Nehru Port Trust|Jawaharlal Nehru Port]] from April 1994 to March 1995. He is also a Director of the [[Rewas-Avare Port|Rewas Port]] Limited,<ref>{{cite news
| url = http://timesofindia.indiatimes.com/business/india-business/mukesh-group-cos-buy-stake-in-rewas-port/articleshow/1971593.cms
| title = Mukesh group cos buy stake in Rewas Port
| work = [[The Times of India]]
| date = 2006-09-09
| accessdate = 2007-09-21
| first1=Manju
| last1=Menon
}}</ref> which is a Greenfield, mega scale port development project near Mumbai. The port would also serve as a primary gateway for the twin mega SEZs coming up in its vicinity: Viz; NMSEZ and MSEZ. The port in its first 5 yrs of operation aims to handle more than 50 Million tonnes of cargo.
He has also promoted India's largest Real Estate private equity fund having raised over Rs. 32.86 billion from retail and institutional investors.<ref>{{cite news
| url = http://economictimes.indiatimes.com/articleshow/1661435.cms
| title = Anand Jain's fund raises Rs 2,200 cr
| work = [[The Economic Times]]
| date = 2006-06-20
| accessdate = 2007-09-21
}}</ref> He is an adviser to the Urban Infrastructure Real Estate Fund, which has raised US$500 Million from international investors and along with the local participation of US$60 Million, the total fund size is US$560 Million.

Anand Jain is also the Chairman of Urban Infrastructure Venture Capital Limited which manages Urban Infrastructure Venture Capital Fund. He is also a director of the following ventures

Presently a senior executive with the [[Reliance Industries|Reliance Group]], Anand Jain is leading a team of professionals to make the first greenfield [[Special Economic Zone]] (SEZ) at Mumbai a reality.<ref>{{cite news
| url = http://www.dnaindia.com/report.asp?NewsID=1074581
| title = Reliance cuts Rs 35,000 cr plan for SEZs
| work = [[DNA (newspaper)|DNA]]
| date = 2007-01-15
| accessdate = 2007-09-21
}}</ref> He has been a promoter of large SEZs in India with a vision to create a globally competitive business environment.<ref>{{cite news
|url=http://www.businessworld.in/index.php/Corporate/Out-Of-The-Shadows.html
|title=Out-Of-The-Shadows
|publisher=[[Business World]]
|date=2008-07-23
|accessdate=2008-07-23
|url-status=dead
|archiveurl=https://web.archive.org/web/20081006062313/http://www.businessworld.in/index.php/Corporate/Out-Of-The-Shadows.html
|archivedate=6 October 2008
|df=dmy
}}</ref>

Anand Jain is a member of the Managing Council of [[Sir H. N. Reliance Foundation Hospital and Research Centre]]. He has been appointed by the Government of Maharashtra as a member of the "Empowered Committee for Transformation of Mumbai into a World Class City." He is also a member of the "Citizens Action Group" dedicated to bring Mumbai on the international map.

==References==
{{Reflist}}

{{Reliance Group}}

{{DEFAULTSORT:Jain, Anand}}
[[Category:Businesspeople from Mumbai]]
[[Category:Living people]]
[[Category:1957 births]]
[[Category:Reliance Industries people]]
[[Category:Indian billionaires]]
[[Category:Hill Grange High School alumni]]

Anand Jain - Revision history

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