Success Story of Shiv Nadar

Shiv Nadar is the Chairman and founder of HCL Technologies Limited. He was born on 14th July 1945 in a small village in Tuticorin district of Tamil Nadu. He is one of India’s most respected industrialist and a great philanthropist. He completed his B.E. from PSG College of Technology in Coimbatore and in the year 1967, he started his career at COEP (College of Engineering, Pune). Soon he founded co-founded a company along with his seven friends and named it ‘Microcomp’- which sold teledigital calculators.

In the year 1976, Shiv Nadar founded HCL with an initial investment of Rs.1 Lakh and 87 thousand and in the year 1980, HCL first ventured into the international market to sell IT Hardware and opened ‘Far East Computers’ in Singapore, which earned a revenue of Rs.10 lakh in the first year itself.

Shiv Nadar founded an engineering college named ‘SSN Engineering College’ in Chennai and gifted HCL shares worth Rs.10 Lakh to the college fund. In the year 2005, he came on board of Indian School of Business. Till 2004, Nadar was appointed the Chairman of the Board of Governors in the elite IIT Kharagpur.

In the year 2005, he received the prestigious CNBC Business Excellence Award and he also received the honorary fellowship from AIMA in the year 2006. In the year 2007, he was listed as the ‘E&Y Entrepreneur of the Year’ and in the same year, he was awarded an honorary doctorate degree from the Madras University. In the year 2008, Shiv Nadar was honored with the Padma Bhushan for his outstanding contribution to the field of Information Technology. He also received the ‘Data quest Lifetime Achievement Award’ in the year 2010.

He is also a great philanthropist and has donated over $1 Billion to various causes and he was also included in the ‘Forbes’ 48 Heroes of Philanthropy’ in the year 2011 for the Asia Pacific region. He also sponsored two Vidyagyan School for the rural students in Uttar Pradesh, which provides scholarships to 200 students from rural areas of UP.

Shiv Nadar was ranked 16th in the elite list of ‘India’s 50 most powerful people’ published by the India Today Magazine.

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