SHIV NADAR: A PHENOMENAL BUSINESS TYCOON.

An Indian Industrialist, Shiv Nadar is an embodiment of a leader with a vision and has been listed as the third richest man in India by Forbes in 2022. With his foresight to make India technologically advanced, he founded Hindustan Computers Limited (HCL) Technologies in 1976. HCL Technologies is among the most prestigious Indian IT companies that provides innovative IT solutions globally. Under the leadership of Shiv Nadar, HCL Technologies is emerging as a trailblazer in the processing and IT industry. In 2008, he was awarded Padma Bhushan for his contribution to the IT industry which is the third-highest civilian award in India. He is a man with a golden heart, who along with pioneering in the IT industry, runs many foundations to support the weaker sections of society. As of 16 September 2024, the net worth of Shiv Nadar is $ 40.6 Billion and a large part of his wealth goes to donations and charities. EARLY LIFE AND CAREER Shiv Nadar was born in the village of Tamil Nadu on 14 July 1945. Born to Sivasubramaniya Nadar and Vamasundari Devi, Shiv Nadar was a very bright child. His childhood nickname was ‘Magnus’ which means wizard in Persian. He completed his graduation from PSG College of Technology in Electrical and Electronics Engineering. He got married to Kiran Nadar, who is a Chairperson of the Kiran Nadar Museum of Art. She is also a trustee of the Shiv Nadar Foundation. Shiv and Kiran Nadar have a daughter, Roshni Nadar, who is now the Chairperson of HCL Technologies. Shiv started his career in 1967 as an Engineer at Walchand Group’s Cooper Engineering (COEP) in Pune. But he realised that he was meant to do something different and soon he left his job. Then, he and his six engineer friends started a company, MicroComp Limited in 1976 which was involved in the manufacturing and selling of teledigital calculators. MicroComp is considered as the first step toward achieving a much bigger goal. FORMATION OF HCL TECHNOLOGIES Earlier in those days, India had only a few computer manufacturers and IBM was the only big name in the industry. Shiv Nadar and his other partners took this opportunity in their favour and by understanding the needs of the market, incorporated HCL with an initial investment of Rs. 1,87,000. To support the great cause and vision of Shiv Nadar, the UP government provided the allowance of Rs. 20 lakhs in the exchange of a 26% share of the company. As the government had stakes in the company, Shiv was allowed to name the company “Hindustan Computers Limited.” In 1978, they introduced the HCL 8C computer. Initially, HCL started its operations in India and gradually expanded its business in countries across the globe. Furthermore, HCL was among the first few companies that worked on the Public-Private Partnership (PPP) model. After the substantial growth of the company, HCL started its IT services across the globe. The company has grown multi-folds under the futuristic vision of Shiv Nadar and has made its place among the