Who is shiv Nadar?
Coming from a small village in southern India, Shiv Nadar is today one of the reasons that India is a hotspot for Information Technology and computer science in general. He is from Tamil Nadu and is a Hindu by faith. He is the founder and chairman of HCL Technologies, an enterprise that is famous for its information technology services.
Shiv Nadar is an Indian entrepreneur, billionaire industrialist founder of HCL Technologies, an innovative technology solutions company in India, headquartered in Noida, Uttar Pradesh. … In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise.
Shiv Nadar was born on 14 July 1945 in Moolaipozhi, Tamil Nadu, India.
He graduated in Electrical and Electronics Engineering from PSG College of Technology.
Shiv Nadar started his career in Cooper Engineering Company.
In 1967, he moved to New Delhi to work for the Digital Products Division of Delhi Cloth Mills, which was at that time the fourth largest company in India.
Shiv Nadar was not satisfied with his routine job.
He longed to do something challenging in his life and during this time he met Arjun Malhotra, a like-minded colleague.
Both of them decided to venture into the Personal Computer (PC) manufacturing business.
During that time, India had only a few personal computers.
In 1975, Shiv Nadar along with his friends started Microcomp, which manufactured Digital Calculators and various office products like Televista.
Even though Microcomp was running profitably, he wanted to do something even more phenomenal.
Fortunately, during that time Uttar Pradesh government was encouraging entrepreneurs in the Information Technology (IT) field, which made Shiv Nadar to explicate his dream project to the UP government, to which the UP government readily agreed.
As a result, on 11 August 1976, HCL Technologies Limited was started along with the partnership of UP Electronics Board.
HCL was co-founded by Shiv Nadar and Arjun Malhotra.
Shiv Nadar Success Journey.
HCL started shipping its in-house microcomputers and took only two more years to introduce its 16 bits processor. By 1983, it developed a relational data-based management system, a networking operating system, and client-server architecture. The company started climbing the rungs of success and HCL took it a step further by exploring foreign shores. In 1979 it set up a venture in Singapore called Far East computers. The venture notched up sales of Rs 10 lakh (Rs 1 million) in the very first year. As the revenues started bringing in profits, Nadar planned a whole new area of expansion – computer education. Aware that the next century belonged to IT engineers, HCL set up NIIT in 1981 to impart high quality IT education in India.
From a dream that began in a small canteen in Delhi, Nadar built HCL into a billion-dollar global enterprise with over 120,000 professionals. He is not only an astute businessman but one of the leading philanthropists of the county. Nadar’s philanthropic initiatives through his foundation focus on the development of education in India; the institutions he founded are today the drivers for social change and transformational education. In 2008, the government of India, recognizing his contribution to business and philanthropy in India and across the globe, awarded Nadar with Padma Bhushan, the third-highest civilian award. His life and his achievements through the past four decades stand testimony to his extraordinary vision, for his company and his nation. Shiv Nadar not only dream of a winning future but shaped it too.
As a business mentor, I have followed HCL’s entrepreneurial revolution with awe. There are many lessons that we can all follow. The brilliance of extrapolating on trends to determine the next big wave and be prepared for it is the first lesson. However, the most impressive lesson is the approach Nadar took to finance his dream venture – by floating another company that leveraged his expertise.