Jay Shree Tea & Industries Limited (JSTI), originally established as Jay Shree Tea Gardens in 1945, is involved in the production of tea and chemicals & fertilizers. Promoted by B K Birla, the company operates approximately 12 tea gardens across Assam, West Bengal, Tamilnadu, and Kerala, and sells its tea under brand names like Sadabahar, Shaandar, and Sangam. Over the years, JSTI has diversified its operations to include plywood manufacturing, superphosphates, sulphuric acid production, and interests in shipping, real estate, and automotive components.
The company has expanded through strategic acquisitions and amalgamations, such as acquiring and merging subsidiaries like Shiva's Group Ltd and Siddhi Binayak Tea Ltd. JSTI's sugar operations were demerged into Majhaulia Sugar Industries Private Limited, which was later amalgamated back into the company. Recent strategic changes include selling its stake in North Tukvar Tea Co Ltd, indicating a focus on core operations and restructuring. The company has a significant historical presence and continues to adapt its business strategy in response to market dynamics.