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HCL founder Shiv Nadar has earned the title of ‘Most Generous in India’ according to the EdelGive Hurun India Philanthropy List 2022.
Photo: Twitter
Journey from Thoothukudi Village to High Tech Emperor
[Bornin1945inMullaiPozi(acoastalvillageintheThuthukudidistrictofTamilNadu)Nadalwasborntoworking-classparentsShivasBramaniNadarandVamasundariDeviHismaternalunclewasSPAdithanarfounderofDinaThanthiamajorTamildailynewspaper[1945年、ムーライポジ(タミルナードゥ州のトゥートゥクディ地区の海岸沿いの村)で生まれたナダルは、労働者階級の両親であるシヴァスブラマニアナダールとヴァマスンダリデヴィの間に生まれました。彼の母方の叔父はSPAdithanarであり、タミル語の主要な日刊紙であるDinaThanthiの創始者でした。
Young Shiv had humble roots. He studied at Town High School in Kumbakonam and his Corporation High School in Elango, Madurai. He earned his pre-university degree from his American college in Madurai and a degree in electrical and electronic engineering from his prestigious PSG College of Technology in Coimbatore. He has stated in interviews that he was educated in Tamil and that is why he could not even speak English until he was 21 years old.
Shiv Nadar is an almost entirely self-made man. After graduating, he took a job at He Cooper Engineering Ltd. of He Walchand Group in Pune in 1967 and later transferred to Delhi Cloth Mills (DCM). The relationships with friends and colleagues he developed at this point in his life would go on to shape his future, and indeed the future of his IT industry in the country.
The lunch break rant that changed the face of India’s IT sector
In 1976 he said that a group of DCM Data engineers were yelling during their lunch break in the dining room of the DCM office that they wanted to do something more, achieve the “little extra” that DCM didn’t give them. It is They all had enough paychecks to take home. It was a reasonably comfortable lifestyle that money could buy at the time, but there was no job satisfaction. Colleagues and friends of S Raman, Ajai Chowdhry, Subhash Arora, Yogesh Vaidya, Devinder Singh Puri and Arjun Malhotra were supported by his then 30-year-old Shiv Nadar.
In an interview with CNBC-TV18, Nadar said of the first few days: “And we’re still very good friends. After that, the rest of us all worked at DCM, and we’re all the same age, so we played together, slept together, had fun together, and I used to work in
It wasn’t ‘Summer of ’69’, it was the very important summer of 1976. That’s when these young engineers finished his stint at DCM and decided to start their own business.
HCL Founder in 1976: Shiv Nadar stands second from right.
But the founding of Hindustan Computers Limited (HCL) was not the first gig after DCM. This group was well equipped with the technical expertise acquired in DCM’s data department. But funding was an issue. That was the case with almost all startups at the time. Their first company was Microcomp, a company focused on selling tele-digital calculators in the Indian market. The Uttar Pradesh government leased land in Noida and HCL was born with his Rs 1.87 crore start-up capital. It was created out of the cash Microcomp gave them.
For Shiv Nader, philanthropy is synonymous with education
Throughout HCL’s growth, Nadar knew he had to give back to society. Even when his fledgling company was gaining momentum, Shiv Nadar founded the SSN College of Engineering — in the name of his father Sivasubramaniya Nadar — in Chennai in 1996 and invested in a company worth Rs 10 lakh. donated his HCL stock to the university. But it wasn’t just another tokenism. Nadar played an active role in promoting the activities of the university and the educational welfare of the country. SSNCE also promotes and pioneers research.
He founded the SSN Trust to further his vision of promoting education for all in the country. This initiative provides scholarships to outstanding students in 75 districts across the state. The initiative saw him run two boarding schools in Brandshahar and Sitapur, providing free education to 1,700 students, selecting the best students from over 1 million public primary schools and developing future leaders. doing.
Though he hasn’t forgotten his roots, Kumbakonam’s remote Towne Higher Secondary School has computers and other equipment worth Rs. Corporation School had a new building and smart classrooms in 2019. To Shiv Nadar, their famous and generous alumnus.
He has committed over $1 billion to philanthropy and has set aside over 10% of his assets ($23.6 billion) for charity. To date, he has donated his $662 million to the Shiv Nadar Foundation for education-related purposes.
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