Shiv Nadar is an Indian entrepreneur, billionaire industrialist founder of HCL Technologies, an innovative technology solutions company in India, headquartered in Noida, Uttar Pradesh.
He is the founder and chairperson of The Shiv Nadar Foundation and HCL. In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise.
He was awarded Padma Bhushan in 2008 for his efforts in the IT industry. His friends called him Magus (Old Persian for “wizard”).
He was developing the educational system of India through the Nadar Foundation since 1990. A prolific Tamil romance novelist, Ramanichandran is his cousin.
He was born on 14th June 1945 in Moolaipozhi Village in Thoothukudi district Tamil Nadu, India. Sivasubramaniya Nadar was his father and Vamsundari Devi was his mother.
Her mother is the sister of S. P. Adithanar, founder of Dina Thanthi newspaper. He studied at Town Higher Secondary School and Elango Corporation Higher Secondary School and St. Joseph Boys Higher Secondary School.
He received a degree in Electrical and Electronics Engineering from PSG College of Technology, of Coimbatore. He obtained a pre-university degree in the American College, Madurai.
The journey of an entrepreneur
He began his career at Walchand group’s College of Engineering, Pune (COEP) in 1967. He soon gave it up to begin his own venture, in partnership with his friends and colleagues.
They were Ajay Chowdhry, Arjun Malhotra, DS Puri, Subhash Arora, Yogesh Vaidya, Mahendra Pratap, and S. Raman. HCL Technologies was founded with an investment of Rs. 180,000 in 1976.
In 1980, HCL Technologies ventured into the international market with the opening of Far East Computers in Singapore to sell IT hardware. He was the largest shareholder of the company.
Founded SSN College of Engineering – Shiv Nadar Foundation
He founded the Shiv Nadar Foundation in 1994. On January 17th, 2005, Mr. Shiv Nadar and his daughter Ms. Roshni Nadar presented the cheque of Rs. 4 crores towards Prime Minister’s National Relief Fund to Prime Minister Dr. Manmohan Singh in New Delhi.
Nadar founded Sri Sivasubramaniya Nadar College of Engineering, popularly known as SSN College of Engineering in Chennai in the name of his father.
He took an active role in college activities. Shiv Nadar gifted of Rs. 1 million worth of HCL Technologies shares to the SSN College of Engineering.
In 2005, he joined the executive board of the Indian School of Business. In 2008, SSN trust announced to make two Vidyagyan schools in UP for rural students with a free scholarship to 200 students from 50 districts of UP.
He donated computers and other equipment worth Rs. 80 lakhs to Town Higher Secondary School in February 2011.
He served as chairperson of the board of governors, Indian Institute of Technology Kharagpur (IIT Kharagpur, or IIT-KGP) until 2014.
His wife’s name is Kiran Nadar. His daughter Roshani Nadar is the vice-chairman of HCL.
Shiv Nadar Biography
|Full Name:||Shiv Nadar|
|Born:||14 July 1945|
|Birth Place:||Thiruchendur, Tamil Nadu|
|Education:|| Town Higher Secondary School, PSG College Of Technology, The |
|Occupation:|| Founder of HCL Technologies, Founder of SSN College of |
|Net worth:||1,410 crores (2020)|
|Awards:||Padma Bhushan (2008), CNBC Business Excellence Award|
Awards and recognition:
The Government of India awarded Nadar with the third-highest civilian award Padma Bhushan for his contribution to IT Industry in 2008.
Shiv Nadar became the Dataquest IT Man of the year in 1995. IN 2005, he was awarded the CNBC Business Excellence Award. Shiv Nadar received an honorary fellowship in 2006 from the All India Management Association.
In 2007, Madras University awarded him an honorary doctorate degree, in the same year he was recognized as E&Y Entrepreneur of the year.
In 2010, he received the Dataquest Lifetime Achievement Award. In 2011, he was counted amongst Forbs’ 48 heroes of Philanthropy in the Asia Pacific.
India Today magazine ranked Nadar on 16th no. in India’s most powerful people in the 2017 list. He has committed more than $1 billion to philanthropy.