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

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

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

Let us know how a company worth Rs 1.70 lakh crore was created.

Technology sector veteran and country’s biggest industrialist Shiv Nadar was born on July 14, 1945. It is because of Shiv Nadar, who came from a small village in South India, that today India has made its place in the field of Information Technology and Computer Science. 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 Walchand Group of Engineering. After gaining some experience in running a business, he decided to leave it and start his own business. With the help of his friends and other business partners, he started bringing the biggest technological revolution in this country.

Left private job and started company- Along with five friends, he started a company called ‘Microcomp Limited’. 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 remain so till today. After this, we both connected people of our kind working in DCM and started working together.

Shiv Nadar

Soon this company was named Hindustan Computers Limited (HCL) and it started manufacturing computers. Within no time, this Indian company became a well-known brand across the world.

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

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

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