{{Short description|Indian multinational conglomerate}} {{Use Indian English|date=May 2014}} {{Use dmy dates|date=May 2014}} {{Infobox company | name = | logo = Jain Irrigation Systems logo.svg | image = Main entrance Jain Irrigation corporate campus.jpg | image_caption = The Jains Plastic Park in Jalgaon, India | type = Public | traded_as = {{BSE|500219}}<br />{{NSE|JISLJALEQS}} | foundation = 1986 | founder = Bhavarlal Jain | hq_location = Jalgaon, India | locations = {{Unbulleted list|worldwide 33 manufacturing bases|126+ countries|11,000+ dealers and distributors}}(2019) | area_served = Worldwide | key_people = Ashok Jain, Anil Jain, Ajit Jain, Atul Jain, Abhay Jain | industry = Agriculture, Irrigation, pipe, Food processing, Solar energy | brands = | revenue = {{increase}} {{INRConvert|85.77|B}} (FY 2018-19)<ref>{{cite web |title=RESULTS FY 2018-19 (PDF) |url=https://www.nseprimeir.com/z_JISLJALEQS/files/JISLJALEQS_16092019111737_AnnualReport2019_066.zip |accessdate=18 September 2019 }}{{Dead link|date=September 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> | operating_income = {{increase}} {{INRConvert|3.704|B}} (FY 2018-19) | net_income = {{increase}} {{INRConvert|2.542|B}} (FY 2018-19) | assets = | num_employees = more than 12,000 (June 2019) | homepage = {{url|http://www.jains.com/}} }}
'''Jain Irrigation Systems Ltd.''' or '''Jains''', is an Indian multinational conglomerate based in Jalgaon, Maharashtra, India.
==History== Jain Irrigation Systems Ltd. was founded in 1986 by Bhavarlal Jain.<ref>{{cite web | url=http://economictimes.indiatimes.com/cmphist.cms?ticker=jaon&exchange=b | title=Jain Group companies amalgamated with the JISL | accessdate=2 May 2006}} {{Dead link|date=October 2010|bot=H3llBot}}</ref>
* 1963–1978: Bhavarlal Jain added a dealership of tractors, sprinkler systems, PVC pipes, and other farm equipment. Fertilizers, seeds, and pesticides were also added. Sales grew from {{Indian Rupee}} 1 million in 1963 to {{Indian Rupee}} 110 million in 1978. * 1978 – Jain took over a banana powder plant in 1978. The plant was modified for the production of papain from papaya latex. Jain developed purified papain and became the number-one supplier of refined papain.<ref name="Recognitions">{{cite web | url=http://jisl.co.in/Company/recognition.htm | title=Recognition of Jain irrigation | accessdate=23 February 2015}}</ref> * 1980 – Manufacturing of PVC Pipe commenced with a small annual capacity of 300 MTs which was increased to over 35,600 MTs per annum by 1997. Then expanded the range to include casing & screen piping systems.
===2006-2012=== * 2006 – JISL acquired Chapin Watermatic,<ref name="chapin">{{cite web | url=http://www.newaginternational.com/news/news108/news108.html | title=Jain irrigation acquired USA Base Chapin Watermatic | accessdate=2 May 2006}}</ref> * 2006 – JISL acquired NuCedar Mills, a US company in the custom home building market.<ref name="NuCedar">{{cite web | url=http://www.capitalmarket.com/CMEdit/story2-0.asp?SNo=116382 | title=US acquisition bolsters Jain Irrigation | accessdate=7 February 2006 | url-status=dead | archiveurl=https://web.archive.org/web/20060228081450/http://www.capitalmarket.com/cmedit/story2-0.asp?SNo=116382 | archivedate=28 February 2006 | df=dmy-all }}</ref> * December 2006 – JISL acquired a majority stake in the US-based Cascade Specialties, Inc., which specialises in natural low-bacteria onion products and organic dehydrated onion. With this acquisition, Jain Irrigation became the third-largest dehydrated onion producer in the world, with a combined capacity in excess of 25, 000 MTS.<ref name="Cascade">{{cite web | url=http://www.domain-b.com/management/m_a/20061120_acquires.html | title=Jain Irrigation acquired Cascade Specialties, Inc, USA | date=20 November 2006 | accessdate=20 November 2006}}</ref> * February 2007 – By acquiring the US-based Aquarius Brands for $21. 5 million in an all-cash deal, Jain Irrigation became the second-largest drip irrigation company in the world.<ref name="Aquarius">{{cite web|url=http://www.business-standard.com/common/storypage.php?leftnm=lmnu5&subLeft=3&autono=274828&tab=r |title=By acquiring Aquarius will second-largest drip irrigation company in the world. |accessdate=17 February 2007 |archiveurl=https://web.archive.org/web/20070515195845/http://www.business-standard.com/common/storypage.php?leftnm=lmnu5&subLeft=3&autono=274828&tab=r |archivedate=15 May 2007 |url-status=dead |df=dmy }}</ref> * June 2007 – Jain Irrigation Acquired 50. 001% stake in NAANDAN.<ref name="Naandan">{{cite web|url=http://www.naan.co.il/e/Home/Indian_conglomerate_Jain_Irrigation_acquired_50__of_NaanDan.htm |title=Indian conglomerate Jain Irrigation acquired 50% of NaanDan |accessdate=25 June 2007 |archiveurl=https://web.archive.org/web/20070629113445/http://www.naan.co.il/e/Home/Indian_conglomerate_Jain_Irrigation_acquired_50__of_NaanDan.htm |archivedate=29 June 2007 |url-status=dead |df=dmy }}</ref> * November 2010 – By acquiring controlling stake in Sleaford Quality Foods Limited, a UK-based Industrial Food Ingredients Supplier<ref name="Sleaford">{{cite web | url=http://www.vccircle.com/500/news/jain-irrigation-acquires-80-in-uk-based-sleaford | title=Jain Irrigation Acquires 80% In UK-based Sleaford | accessdate=29 June 2011 | url-status=dead | archiveurl=https://web.archive.org/web/20110930045020/http://www.vccircle.com/500/news/jain-irrigation-acquires-80-in-uk-based-sleaford | archivedate=30 September 2011 | df=dmy-all }}</ref> it became part of a subsidiary Jain Farm Fresh Foods Ltd. * May 2012 – Jain acquired the remaining 50% of NaanDanJain Ltd. from Kibbutz Na'an in Israel.<ref>{{cite news|last=Azulai|first=Yuval|title=Kibbutz Naan sells NaanDanJain Irrigation|url=http://www.globes.co.il/serveen/globes/docview.asp?did=1000748674&fid=1725|accessdate=22 May 2012|newspaper=Globes|date=14 May 2012}}</ref>
===2013-2020=== * 2018 – Jain acquired ''ET Water Systems'',<ref name=OutsoETwater.NYT2012>{{cite news |newspaper=The New York Times |url=https://www.nytimes.com/2012/06/28/technology/google-and-others-give-manufacturing-in-the-us-a-try.html |title=Google Tries Something Retro: Made in the U.S.A. |author=John Markoff |date=June 27, 2012}}</ref> "a California, US-based company that offers irrigation technology product."<ref>{{cite web |url=https://www.vccircle.com/jain-irrigation-to-acquire-us-based-etwater |title=Jain Irrigation to acquire US-based farm technology firm ETwater |author=Keshav Sunkara |date=12 September 2018}}</ref>
== Growth (1989 – ) == * 1989: Beginning in 1989, Jain Irrigation worked to develop water management through micro-irrigation in India. Jain Irrigation has introduced some high-tech concepts to Indian agriculture, such as the integrated system approach, one-stop-shop for farmers requirements, and infrastructure status to micro-irrigation & farm as industry.<ref name="concepts">{{cite web | url=http://www.g20challenge.com/wp-content/uploads/2012/06/Jain_Irrigation.pdf | title=Jains Contribution to Indian agriculture | accessdate=23 February 2015}}</ref> * 1994 – Jain diversified into food processing and set up facilities vegetable dehydration and the production of fruit purees, concentrates, and pulp. This facility adopting ISO 9001 & HACCP certified and international FDA statute requirements. * 2002 – After being caught between severe liquidity crunch, making lot of loss and mounting pressure from the banks and financial institutions to immediately clear overdue liabilities, Jain Irrigation Systems Ltd. (JISL) has decided to raise funds by way of offering majority equity holding in the company in favour of Aqua International Partners LP.<ref name="Aqua">{{cite web | url=http://www.thehindubusinessline.in/2002/05/25/stories/2002052501900400.htm | title= US fund to acquire 49. 4% in Jain Irrigation Systems | accessdate=16 January 2007}}</ref> JISL were out from a bad financial patch of 4 years and start growing rapidly. Its net profit were more than doubled from Rs 324 million in fiscal 2004–05 to Rs 671. 7 million in fiscal 2005–06. Exports have contributed Rs 2. 89 billion to Jain's overall revenue.<ref name="net05">{{cite web | url=http://www.thehindubusinessline.com/2006/06/30/stories/2006063002810300.htm | title= Jain Irrigation net profit doubles | accessdate=16 January 2007}}</ref> * 2005 – Jain started producing individually quick-frozen food products like frozen mango slices in agreement with the Taiyo Kagaku Company Ltd, Japan.{{fact|date=January 2025}} * 2012 - Gandhi Research Foundation, inaugurated by President of India, Pratibha Patil on 25 March 2012. Sponsored by Jain Irrigation and Bhavarlal Kantabai Foundation. The Foundation is the initiator and promoter of ‘Gandhi Teerth’, an international centre for Gandhian study, research and dialogue. Its core objective is to preserve and promote for posterity the Gandhian ideology and legacy. 'Gandhi Teerth' comprises Gandhi museum, Gandhi International Research Institute, Gandhi archives, publications, and various program's for rural development based on Gandhian lines. The foundation has a collection of 7350 books, 4090 periodicals, 4019 photographs, 75 films, 148 audio recordings of Mahatma Gandhi's speeches, and philately items from 114 countries.<ref name="Gandhi Teerth">{{cite web | url=http://www.mkgandhi.org/museum/grf_jalgaon.htm | title=Museum of Gandhi Research Foundation | accessdate=8 February 2016}}</ref> * 2016 – Jain Irrigation's food division has been hived off into a Subsidiary Company Jain Farm Fresh Foods Ltd, which were in the food processing business since 1994 making fruit pulps of mango, banana, guava, strawberry and dehydrated vegetables. Jain Farm Fresh Foods Ltd launched its first branded retail product 'AamRus' under the umbrella brand name of 'Jain FarmFresh'. 'AamRus', processed from Alphonso and Kesar varieties, is sweetened frozen mango pulp with no added flavor and colour.<ref name="AamRus">{{cite news | url=http://economictimes.indiatimes.com/articleshow/50771753.cms?from=mdr | title= Jain Irrigation Systems's food division launches 1st branded retail product | newspaper= The Economic Times | accessdate=8 February 2016}}</ref>
== References == {{Reflist|30em}}
== External links ==
* {{Official website|http://www.jains.com/}}
{{Authority control}}
Category:Manufacturing companies established in 1989 Category:Irrigation in India Category:Companies based in Maharashtra Category:Agriculture companies of India Category:Jalgaon Category:Indian brands Category:Indian companies established in 1989 Category:1989 establishments in Maharashtra Category:Irrigation companies Category:Companies listed on the National Stock Exchange of India Category:Companies listed on the Bombay Stock Exchange