Shiv Nadar (born 1945) is married to Kiran Nadar and has a child. He is one of the founders of Hindustan Computers Limited (HCL), the largest infotech conglomerate in India, and it’s Chairman and is largest shareholder. He is also an avid bridge player, an educationist and an entrepreneur besides being one of the richest person in the country. He was nicknamed Magnus (Persian for Wizard) by his friends.
Education & Career of Shiv Nadar
Nadar obtained his engineering degree from PSG College of Technology, Coimbatore, Tamilnadu, in 1968. He began his career with DCM's calculator division.
He founded HCL in 1976 building microcomputer in a market space opened up with foreign companies such as IBM leaving India due to the policies adopted by the then Industrial minister George Fernandes in 1977. Far East Computers was opened up at Singapore in 1980 venturing into foreign market. Nadar invested in NIIT to promote computer education market in 1981.
Important Works of Shiv Nadar
HCL developed Personal computers solutions (called Busybee) and UNIX platform based solutions. HCL office Automation, an IT hardware business and subsidiary, was started and became the leading office solution provider. HCL topped amongst companies in 1987 with revenue of Rs 100 crores.
HCL America was established in 1989 but did not succeed. HCL started a joint venture with HP, HCL HP Limited. HCL began marketing products of Ericsson and Nokia in mid 1990s. By 1995 HCL had over 40 subsidiaries. Soon HCL Consulting (renamed HCL Technologies in 1996) was started to offer IT services. HCL reorganized its business into HCL Technologies (global IT service company), HCL comnet (network services company), HCL Infosystems (Indian IT hardware leader), NIIT (education services) and HCL Perot (IT applications).
HCL acquired Apollo Contact center in 2001 from BT and Deutsche Software Limited. Later in 2004, HCL was consolidated to two companies - HCL Technologies and HCL Infosystems. He relinquished the post of CEO in 2007 though remaining Chairman of HCL Technologies as well as its largest shareholder.
Nadar started Microcomp to market teledigital calculators under the brand name ‘Televista’ in the Indian market. Nadar focused his efforts in developing the educational system of India through SSN Trust since mid-1990s .
Awards/Achievements for Shiv Nadar
Shiv Nadar received many awards and honors including Padma Bhushan (2008); honorary doctorate degree (D Sc) by Madras University (2007); honorary fellowship from AIMA (2006) and the CNBC Business Excellence award (2005).