This is how an engineer built a company worth Rs 1.70 lakh crore, now he left the post of chairman for his daughter

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New Delhi. ‘Dream to set a goal, if you don’t dream then you will not have any goal in life and success cannot be achieved without a goal. These words are of the country’s well-known businessman and HCL Tech founder Shiv Nadar. He has made a big announcement and left the post of chairman of the company. Now his daughter Roshni Nadar Malhotra will take over the post of chairman. However, Shiv Nadar will remain on the post of Managing Director of the company. His post will be that of Chief Strategy Officer.

Nadar said, We are living in an era where organizations and people around the world are facing many challenges. However, this has also given a boost to business because difficult times encourage new changes in business. HCL along with its partners is helping customers to adapt to the new environment as this is now the New Normal.

Let’s know how a company worth Rs 1.70 lakh crore was built

Technology giant and the country’s biggest industrialist Shiv Nadar was born on 14 July 1945. It is because of Shiv Nadar, who hails from a small village in South India, that India has made its place in the field of information technology and computer science today. He is from Tamil Nadu and belongs to Hindu religion. He is the founder and chairman of HCL Technology. HCL is famous for its information technology services.

His career started in Pune where he became a part of the Walchand Group of Engineering. After getting some experience of running a business, he decided to leave it and start his own business. With the help of his friends and other business partners, he set out to bring the biggest technological revolution in this country.

Left private job and started company- He started a company named ‘Microcomp Limited’ with five friends. His company, formed in 1976, used to sell teledigital calculators. Shiv Nadar had told in an interview, ‘The first person I met was Arjun. He was also a management trainee like me. We became good friends and are friends till date. After this, both of us added people of our kind working in DCM and started working together.

Shiv Nadar

Soon the name of this company was changed to Hindustan Computers Limited (HCL) and it started manufacturing computers. Soon this Hindustan company became a well-known brand all over the world.

In 1980, he entered the international market by setting up ‘Far East Computers’ to sell IT hardware in Singapore. This earned him an income of about Rs 10 lakh in the first year itself.

After this Nadar never looked back. In 1982 the company launched its first PC in the market. Then he merged five companies related to IT business into his firm.

Tags: Shiv Nadar, Success Story, Successful business leaders, Tech news in hindi