Jaypee

Jaypee refers to the Jaypee Group, an Indian multinational conglomerate headquartered in Noida, Uttar Pradesh. The group was founded by Jaiprakash Gaur and has grown to operate across several sectors, including cement manufacturing, construction and engineering, power generation, real estate development, hospitality, and education.

The Jaypee Group began as a small cement business in the 1960s and expanded through investments and acquisitions to become a diversified conglomerate. It is known for its integrated cement plants and large-scale infrastructure projects across India, as well as for its involvement in real estate development and power projects through various subsidiaries.

Major business divisions include Jaypee Cement, produced under Jaiprakash Associates Limited and related entities; Jaypee Infratech Limited, a subsidiary focused on infrastructure development and housing projects; Jaypee Power Ventures, active in power generation; and the educational arm, which runs several institutions such as Jaypee Institute of Information Technology (JIIT) in Noida and Jaypee University of Engineering and Technology (JUET) in Guna, Madhya Pradesh.

In the 2010s, the group faced significant debt burdens and structural challenges. Some units underwent restructuring, and Jaypee Infratech’s assets were subject to insolvency proceedings under the Insolvency and Bankruptcy Code, with bids from other entities sought to resolve homebuyer liabilities and complete projects.

As of the 2020s, the Jaypee Group continues to operate its remaining businesses and pursue new initiatives, subject to market conditions and regulatory oversight.