Jaykaypur (also known as J.K Pur or Jaykaypur Township or JK Pur Township) is a small town on the bank of Nagavali River in the Rayagada district, Odisha, India. It came into existence due to the inception of JK Paper Mills in the early 1960s, which is now a publicly traded company. As a result, the name "Jaykaypur" is influenced by the company name JK Paper Mills. The company is publicly listed on popular stock exchanges (Nifty 50 and Sensex) in India. The companies' Q2 net profit for FY 23 more than doubled.[1] For many decades, the main developing factor for Jaykaypur is JK Paper Mills. However, today a few other private limited companies and small-scale businesses around the town are also contributing towards the development of areas beyond Jaykaypur. Even though Jaykaypur is a small industrial town, it is highly competitive and has educated people. Children who grew up here achieved tremendous success in their careers and have fanned out to all corners of the globe. Although Jaykaypur is not a home to big educational institutes or universities, two schools (Lakshmipat Singhania Public School and LPS High School) provide enough primary and secondary education for students to have a better foundation. For higher education, especially for engineering, students can go to GIET University, which is approximately 60 kilometers from Jaykaypur.
References
- ↑ "JK Paper Q2 net more than doubles to Rs 327 crore, revenue rises 72%". www.business-standard.com. Press Trust of India. 2 November 2022. Retrieved 15 November 2022.
19°14′51″N 83°25′10″E / 19.247544°N 83.419404°E