What is the SAGE Undersea Gas Pipeline Project?
The SAGE Undersea Gas Pipeline Project is a significant initiative spearheaded by the New Delhi based Siddho Mal Group, a diversified business conglomerate with a rich legacy spanning over 75 years. This project focuses on establishing an undersea gas pipeline, marking a strategic move in the energy sector. The Siddho Mal Group, founded before 1935 by Lt. Mr. Siddhomal Jain and later led by his eldest son, Lt. Mr. Lalit Kumar Jain, now thrives under the leadership of Mr. Subodh Kumar Jain, representing the third generation. With over 40 years of international business experience, the Group has built strong ties with numerous Indian and foreign companies, bringing impeccable credentials to this ambitious project.
Main Benefits of the SAGE Undersea Gas Pipeline Project
This project offers several key advantages that highlight its importance and potential impact:
- Over 75 years of business lineage backing the project
- Leadership by the third generation of the Siddho Mal family, ensuring continuity and expertise
- International business experience exceeding 40 years, fostering global partnerships
- Strong association with a vast network of Indian and foreign companies
- Strategic diversification into energy infrastructure, complementing existing interests in industrial gases and investments
Diverse Business Interests of Siddho Mal Group
The Siddho Mal Group isn’t just about pipelines. Their portfolio is impressively varied, covering multiple sectors that include manufacturing of industrial gases, private equity, and property investments. One standout association is with Inox Air Products, one of India’s largest industrial gas manufacturers. This strategic investment highlights the Group’s commitment to industrial growth and innovation. Beyond energy, their ventures into property and leasing add another layer of stability and growth potential to their business model.
Legacy and Leadership
Tracing its roots back to before 1935, the Siddho Mal Group has a storied history. Founded by Lt. Mr. Siddhomal Jain, the business was nurtured by his eldest son, Lt. Mr. Lalit Kumar Jain, and now flourishes under Mr. Subodh Kumar Jain. This lineage isn’t just about passing down a name; it’s about preserving values, expertise, and a vision that has adapted through decades. The leadership today combines tradition with modern business acumen, ensuring the Group remains relevant and competitive in a fast-changing world.
Strategic Investments and Collaborations
One of the Group’s notable strengths lies in its strategic investments and collaborations. Their stake in Inox Air Products is a prime example, positioning them at the forefront of the industrial gases sector. Additionally, their involvement in private equity and smart metering reflects a forward-thinking approach, embracing technology and innovation. These collaborations not only diversify their portfolio but also create synergies that enhance their core projects like the SAGE Undersea Gas Pipeline.
Project Impact and Sustainable Development Goals (SDGs)
- SDG 7: Affordable and Clean Energy – promoting sustainable energy infrastructure
- SDG 9: Industry, Innovation, and Infrastructure – fostering resilient infrastructure and innovation
- SDG 11: Sustainable Cities and Communities – supporting urban development through energy solutions
- SDG 13: Climate Action – contributing to cleaner energy alternatives and reduced emissions
- SDG 17: Partnerships for the Goals – leveraging international and domestic collaborations
Contact and Further Information
For those interested in learning more about the Siddho Mal Group and the SAGE Undersea Gas Pipeline Project, the Group maintains a registered office at A-6, Connaught Place, New Delhi-110001, India. They can be reached via phone at +91-11-23324245 / 43581237 or +91-11-23324773. Email inquiries are welcomed at info@siddhomalgroup.com. This accessibility reflects the Group’s openness and commitment to transparency as they continue to expand their footprint in the energy and industrial sectors.
