Genpact has informed a media house that the company observes a 9-hour workday, not a 10-hour one as previously suggested, in response to internet criticism of claims of a 10-hour workweek.
However, Genpact refused to provide more information about the policy and did not reply to any further media queries. With effect from June 1, Accenture has formally extended its corporate function (marketing, human resources, and other areas) workday from 8 to 9 hours.
Nonetheless, Accenture’s workweek is limited to 45 hours, in accordance with all state government regulations. While HCL adheres to a regular 9-hour workweek, Infosys expects employees to clock in for 9 hours and 15 minutes every day.
Genpact’s Employees in a Confused State
There is a climate of mistrust and misunderstanding among Genpact’s employees. If formal leadership had announced the longer hours rather than direct management, workers would have felt more comfortable.
After the commotion, many had hoped that the corporation would rethink the decision, but as of right now, it appears that they have no such plans. Additionally, according to reports, Genpact has implemented a mechanism to monitor daily productivity by recording employees’ “active hours”.
When employees perform the required amount of hours each day, they receive points, which can be exchanged for little bonuses. Employees contend that the bonuses are insufficient to make up for the extra effort, particularly in the absence of a salary increase.
Employees’ Mental and Physical Health at Stake
Employees and human resource specialists worry about the possible harm to workers’ productivity and mental health as a result of such a demanding schedule.
Employee well-being will suffer if this trend becomes widespread in the sector. These worries stem from the growing pressure on India’s IT-BPM industry to maximise profits in the face of rapid automation and uncertainties in the global economy.
However, experts caution that long-term employee loyalty and brand reputation may suffer in order to achieve short-term cost savings. Genpact’s leadership’s lack of transparency is currently escalating the unrest.
According to Indian labour laws, the typical workweek is limited to 48 hours, with any extra hours being eligible for overtime pay at double the ordinary rate, said Sanketh Chengappa KG, director and business head – professional staffing, Adecco India, in response to a media question.
Even though these rules aren’t usually strictly enforced for white-collar jobs, the contemporary drive for longer workdays has sparked a renewed discussion about worker rights, mental health, and fair compensation—especially when productivity targets are already being reached.
The Karnataka government recently proposed employment reforms that will increase the number of working hours to ten per day while maintaining the 48-hour weekly restriction.
Santhosh Lad, the Karnataka labour minister, said last year that the IT sector was pressuring the state government to pass legislation allowing software developers to work up to 14 hours a day.
India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country’s economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set up shop. In recent years, the Indian economy has seen significant growth, and several multinational corporations have contributed to this growth through their success in various sectors. Indian MNC companies are expanding rapidly across global markets, showcasing the strength and innovation of India’s corporate sector.
In this article, we will take a closer look at the top 26 successful multinational companies in India that have made their mark in the Indian market.
When it comes to multinational companies in India, the Tata Group is a name that needs no introduction. Founded in 1868 by Jamsetji Tata, the company has been a symbol of trust and reliability in the Indian market for over a century.
With a presence in 100+ countries across six continents, the Tata Group has established itself as a global player in various sectors, including steel, automotive, hospitality, and more. Their headquarters is in Mumbai, and the group employs over 9,00,000 people worldwide, making it one of the largest employers in India. It is one of the top 10 MNCs in India.
Aditya Birla Group is a global conglomerate that operates in 36 countries in North and South America and Africa. Seth Shiv Narayan Birla founded this company in 1857. Over 140,000 employees are a part of this ever-growing company. The company is headquartered in Mumbai. It is one of the top 5 MNC companies in India.
N.R Narayan Murthy, Nandan M. Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, Ashok Arora
Founded
1981
Revenue
$18.6 billion (2024)
Number of Employees
3,17,240 (2024)
Infosys Limited is an Indian multinational information technology company that provides a wide variety of services like business consulting, innovative IT solutions and outsourcing services. It is the 2nd largest IT company, which was founded in 1981. It operates in 50+ countries and has 3 lakh employees working for them. It is one of the top 10 MNC companies in India.
India has seen the rise of several successful multinational companies over the years, and HCL Technologies is undoubtedly one of them. Founded in 1991 by Shiv Nadar and Arjun Malhotra, HCL Technologies (Hindustan Computers Limited) is an Indian multinational company that has made its mark in the global market. The company focuses on IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms (P&P). HCL Technologies is top 5 MNC companies in India.
Wipro is an Indian multinational company that is globally known for its IT services. The company provides an array of services like robotics, cloud, cognitive computing, hyper-automation, and analytics. Wipro also focuses on consulting and outsourcing. The headquarters of Wipro is in Bengaluru. It is one of the top 10 MNC companies in India.
Google needs no introduction. Google India Pvt Ltd is a subsidiary of Google Inc., which was founded in 2003. More than 1 lakh employees are working for this company.
Google, one of the prominent MNC companies in India, has established its presence with offices in Hyderabad, Bangalore, Gurgaon, and Mumbai. It is one of the top 10 multinational companies in India.
Amazon India
Company Name
Amazon India
Founder
Jeff Bezos
Founded
1994
Revenue
INR 22,198 crore (2023)
Number of Employees
1,25,000 (2023)
Another company where a lot of people want to work is Amazon India Pvt Ltd. The aim of this company is to make the experience of buying online smoother and faster.
The company is thinking from the perspective of the Indian audience and solving unique problems like providing opportunities for small retailers to sell online, regional discovery, fast delivery in small towns, reliable payment options and much more. Apart from e-commerce, the company also focuses on digital streaming, cloud computing, machine learning and AI. It is one of the top 20 MNC companies in India.
The influence of multinational companies in India can be seen in various sectors, including technology. One such company that has made a mark in the Indian market is Apple India, a subsidiary of the global tech giant Apple Inc. Incorporated in 1996, Apple India has been a prominent player in the Indian smartphone and computer market. It is one of the top 10 multinational companies in India.
Microsoft India Pvt Ltd is a subsidiary subsidiary of Microsoft Corporation that was incorporated in 1990. The head office of the company is in Hyderabad. Microsoft India has ten offices in different cities of India: Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida, Gurgaon and Pune.
Nestlé India Limited is a subsidiary of the Swiss multinational company Nestlé. It is the world’s largest food and beverage company.
Nestlé India Limited, a prominent MNC company in India, is actively engaged in the production and marketing of various food and beverage products. Some of the popular brands offered by Nestlé in India include Maggi, Nescafé, KitKat, Munch, Milkybar, Nestlé Milk, and more. It is one of the top 20 MNC companies in India.
Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint
Founded
1911
Revenue
INR 28,052.8 crore (2023)
Number of Employees
130,000 (2024)
IBM, short for International Business Machines Corporation, is a globally renowned multinational technology company. Established on June 16, 1911, IBM has a rich history of innovation and leadership in the technology industry. Over the years, it has evolved into a prominent provider of advanced information technology, software, hardware, and consulting services worldwide.
Coca-Cola is one of the world’s largest beverage companies, and it operates in various countries, including India. The company has a long history in India and has been a prominent player in the Indian non-alcoholic beverage market.
Coca-Cola India offers a diverse portfolio of products, including its iconic carbonated soft drinks such as Coca-Cola, Diet Coke, Fanta, Sprite, and Thums Up, along with a range of non-carbonated beverages like Minute Maid juices, Maaza, and Kinley packaged drinking water.
Hindustan Vanaspati Mfg. Co. Ltd., United Traders Ltd., Lever Brothers
Founded
1933
Revenue
INR 618.9 billion (2024)
Number of Employees
27,764 (2024)
Established in 1931, Hindustan Unilever (HUL) boasts a rich legacy of over 90 years and has evolved into one of the premier FMCG brands, “U-Work” gigs, and globally. With a diversified portfolio encompassing personal care products, food, beverages, and various consumer goods, HUL has firmly established itself as a market leader in India and beyond. It is one of the top 20 MNC companies in India.
Toyota
Company Name
Toyota
Founder
Kiichiro Toyoda
Founded
1894
Revenue
$274.942 billion (2023)
Number of Employees
3,75,235 (2023)
As a prominent and globally recognized automotive company, Toyota stands out as a leading force in the international car market. Marking its entry into the Indian market in 1997, Toyota has since made significant strides, introducing a range of successful cars that have propelled it to a dominant position with a substantial market share.
LG, a renowned MNC company of consumer electronics and appliances manufacturer based in South Korea, has been an integral part of households worldwide. Since its foray into the Indian market in 1997, LG has consistently delivered a diverse range of reliable products, including washing machines, refrigerators, televisions, smartphones, and keypad mobiles.
Citibank, a prominent multinational financial institution, has solidified its position as a top player in the Indian banking sector. Established in 1812, the bank brings a rich history and a global reputation for excellence to its operations in India. Offering a total suite of financial services, Citibank caters to diverse needs, including savings accounts, loans, deposits, mortgages, investment funds, credit and debit cards, insurance, electronic banking, capital markets, advisory services, and private banking.
HP
Company Name
Hewlett-Packard (HP)
Founder
Bill Hewlett and Dave Packard
Founded
1939
Revenue
US $53.7 billion (2023)
Number of Employees
58,000 (2023)
Established in 1939 by the visionary duo Hewlett and David Packard, Hewlett-Packard India Sales Pvt Ltd has emerged as a stalwart in the Information Technology sector. The company’s global headquarters is situated in Palo Alto, California, marking its status as an American multinational IT MNC. Renowned for its expansive portfolio, Hewlett-Packard has been a trailblazer in developing and delivering an extensive range of hardware components and software-related services. It is one of the top 20 MNC companies in India.
A subsidiary of the globally acclaimed Sony Corporation, Sony India stands as one of the premier MNC company in India. Originating from Japan, Sony Corporation was established in 1946, and its Indian venture commenced in 1994, introducing an extensive array of electronics such as mobile phones, televisions, cameras, PlayStations, and more.
Samsung
Company Name
Samsung
Founder
Lee Byung-chul
Founded
1938
Revenue
$200.26 billion (2023)
Number of Employees
2,70,372 (2023)
Samsung – Top Multinational Company in India
Samsung is a renowned multinational corporation that has firmly established itself as a key player in the Indian market. Originating from South Korea, Samsung has been on a journey of technological innovation and consumer electronics excellence since it entered India. Over the years, it has become synonymous with cutting-edge products, including smartphones, televisions, home appliances, and more.
DHL
Company Name
DHL
Founder
Adrian Dalsey, Larry Hillblom, Robert Lynn
Founded
1969
Revenue
US $100 billion (2022)
Number of Employees
5,86,404 (2023)
DHL – Top Multinational Company in India
DHL is a well-known international courier and logistics MNC company that has established itself as a successful player in the Indian market. As a crucial link in the global supply chain, DHL plays a vital role in facilitating international trade and commerce. Their presence in India offers customers a comprehensive range of logistics services, such as express parcel delivery, freight transportation, and supply chain solutions.
Adidas India
Company Name
Adidas India
Founder
Adolf Dassler
Founded
1949
Revenue
$23.80 billion
Number of Employees
59,030
Adidas – Top Multinational Company in India
This multinational conglomerate traces its roots back to the trails of World War I. Led by Adolf Dassler and his sibling Rudi Dassler, the Dassler family began manufacturing shoes in their mother’s house. Adidas had its shining moment and gained international attention when American track-and-field star Jesse Owens wore it in the 1936 Berlin Olympics.
Mercedes Benz India
Company Name
Mercedes Benz
Founder
Daimler-Motoren-Gesellschaft and Carl Benz
Founded
1926
Revenue
$101 billion (2024)
Number of Employees
166,000
Mercedes Benz – Top Multinational Company in India
Mercedes-Benz is a globally renowned luxury automobile brand, headquartered in Stuttgart, Germany. Founded in 1926, it originated from Daimler-Benz, which combined two pioneers in automotive history—Karl Benz, who built the world’s first car, and Gottlieb Daimler. The company is now part of Mercedes-Benz Group AG.
Panasonic
Company Name
Panasonic
Founder
Konosuke Matsushita
Founded
1918
Revenue
$54 Billion (2024)
Number of Employees
228,420
Panasonic – Top Multinational Company in India
Panasonic, formerly known as Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. The corporation ran factories in Japan and other Asian countries during World War II that produced electrical products and parts, including light fixtures, motors, electric irons, wireless equipment, and the first vacuum tubes.
Procter and Gamble
Company Name
Procter and Gamble (P&G)
Founder
William Procter & James Gamble
Founded
1837
Revenue
$40.5 Billion (2024)
Number of Employees
88,000
P&G – Top Multinational Company in India
Procter & Gamble (P&G) is a leading American multinational consumer goods company, headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, the company is known for its wide range of household, health, and personal care products. P&G operates in over 180 countries and is recognized for its portfolio of trusted, globally popular brands.
The company boasts more than 65 brands, many of which are market leaders in their respective industries.
PepsiCo
Company Name
PepsiCo
Founder
Caleb Bradham
Founded
1965
Revenue
$3.08 Billion (2024)
Number of Employees
318,000
PepsiCo – Top Multinational Company in India
PepsiCo is a global leader in the food and beverage industry, headquartered in Purchase, New York. Founded in 1965 through the merger of Pepsi-Cola and Frito-Lay, it has grown into a powerhouse with a diverse portfolio of snacks, beverages, and nutrition products.
PepsiCo operates in over 200 countries through six key divisions: Frito-Lay North America, PepsiCo Beverages North America, Quaker Foods North America, Latin America, Europe, and Asia, Middle East & Africa.
Cognizant is a leading global technology services and consulting company, headquartered in Teaneck, New Jersey. Founded in 1994 as an IT development and maintenance arm of Dun & Bradstreet, it has since grown into a multinational provider of digital, technology, and consulting services.
Conclusion
In conclusion, the presence of multinational companies in India has been a significant contributor to the country’s economic growth. The Indian market offers vast potential for international businesses, and several companies have leveraged this opportunity to establish themselves as global players. Indian MNCs are playing a crucial role in shaping the global business landscape with their growing international presence.
In this article, we have looked at the top 26 successful MNC in India that have made their mark in various sectors, including technology, hospitality, and more. These companies have not only brought in foreign investment but have also created job opportunities for millions of people across the country. With the Indian economy poised for further growth, it will be interesting to see how these companies evolve and contribute to India’s development in the years to come.
FAQs
What are MNCs?
MNCs, or Multinational Companies, are enterprises that operate in multiple countries, including India.
Which is the top MNC in India?
Tata, Wipro, Nestle India, Aditya Birla, and Infosys are some of the top MNC in India.
How are the top MNCs in India determined?
The ranking of top MNCs in India is usually based on various factors, including revenue, market share, brand reputation, growth rate, and social impact.
How many MNCs are there in India?
There are over 290,000 MNCs in India.
How do MNCs contribute to the Indian economy?
MNCs play a crucial role in the Indian economy by bringing in foreign direct investment, creating job opportunities, introducing new technologies, enhancing skill development, and contributing to the country’s export and tax revenues.
Are there any challenges that MNCs face while operating in India?
MNCs in India may encounter challenges such as regulatory complexities, cultural differences, competition from local players, and managing diverse markets across different states and regions. However, successful companies adapt and navigate these challenges to thrive in the Indian market.
Hindustan Computers Limited(HCL) is a multinational IT services and consulting company headquartered in Noida, Uttar Pradesh, India. HCL is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978, well before its global peers.
Today, theHCL enterprise has a presence across varied sectors that include technology, healthcare, and talent management solutions, and comprises three subsidiaries- HCL Infosystems, HCL Technologies, and HCL Healthcare.
HCL was established in 1976, as one of India‘s original IT startups. Originally started for making personal computers, the company was established by a group of six engineers, all former employees of Delhi Cloth & General Mills, led by Shiv Nadar.
HCL Group has formed its first three subsidiaries:
HCL Technologies
HCL Infosystems
HCL Healthcare
Although the company has tried to stay focused on hardware, via HCL Technologies, software and services are the main focus. In November 1991, a company called HCL Overseas Limited was incorporated as a provider of technology development services. It received the certificate of commencement of business on 10 February 1992 after which it began its operations. Two years later, in July 1994, the company name was changed to HCL Consulting Limited and eventually to HCL Technologies Limited in October 1999.
HCL TalentCare is the fourth and latest venture of HCL Corporation.
HCL – Growth
Revenue distribution of HCL
In the year 2022, HCL Enterprises generated a revenue of $1,1.48 billion. The company’s revenue from operations for Q4 FY22 is $2.9 billion. HCL employed more than 208,877 professionals in 52 countries.
The company went public on 10 November 1999, with an issue of 1.42 crore shares, valued at Rs4 each.
During 2000, the company set up an offshore development center in Chennai, India, for KLA-Tencor Corporation.
In 2002, it acquired Gulf Computers Inc. On 1 July 2019, HCL Technologies acquired a few IBM products selectively. In the areas of R&D, sales, delivery, marketing, and support, HCL Technologies took full ownership of BigFix, AppScan, Commerce, Connections, Digital Experience, Notes Domino, and Unica.
HCL announced on 16 June 2020 that it had commenced operations in Sri Lanka. The company created 1,500 jobs in the country within the first 18 months of operations.
HCL – Subsidiaries & Acquisitions
Operational revenue of HCL Technologies
HCL Technologies is currently a subsidiary of Vamasundari through a chain of intermediary companies. Vamasundari (Delhi) is owned by Shiv Nadar and in turn holding the majority of shares in most companies in the HCL group.
Between 1991 and 1999, the company expanded its software development capacities to US, European and APAC markets. In July 2018 US-based Actian was acquired by HCL Technologies and Sumeru Equity Partners for $330 million.
On 23 July 2015, CSC (NYSE: CSC) and HCL Technologies announced a joint venture agreement to form a banking software and services company, Celeriti FinTech.
In May 2018, HCL Technologies announced that it has joined hands with Transportation Alliance (BITA), known for incorporating blockchain in the transportation industry, to implement blockchain.
Today, HCL Technologies operate in 52 countries, including its headquarters in Noida, India.
It has establishments in Australia, China, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, New Zealand, Saudi Arabia, Singapore, South Africa, the United Arab Emirates, and Qatar.
In Europe, it covers Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Sweden, Switzerland, Portugal, and the United Kingdom.
In the Americas, the company has offices in Brazil, Canada, Mexico, Puerto Rico, Guatemala, and the United States.
HCL Technologies
HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Through its worldwide network of R&D facilities and co-innovation labs, global delivery capabilities, and over 150,000+ ‘Ideapreneurs’ across 49 countries, HCL delivers holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.
HCL Technologies began as the R&D Division of HCL Enterprise, a company that was a contributor to the development and growth of the IT and computer industry in India. HCL Enterprise developed an indigenous microcomputer in 1978, and a networking OS and client-server architecture in 1983. On 12 November 1991, HCL Technologies was spun off as a separate unit to provide software services.
HCL Infosystems
HCL Infosystems is a Small Cap company, having a market cap of Rs 251.85 Crore operating in the IT – Hardware sector. It is a System Integration and Distribution company. It provides the distribution of technology, mobility, and consumer products. This part of HCL was formed in 1976 to produce calculators.
In June 2015, PC maker Dell announced a strategic distribution partnership with HCL Infosystems. For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 105.69 Crore, down 53.59 % from last quarter Sales of Rs 227.71 Crore and down 84.48 % from last year same quarter Sales of Rs 680.87 Crore Company has reported net profit after tax of Rs 36.86 Crore in the latest quarter.
HCL Healthcare
HCL Healthcare, in affiliation with Johns Hopkins Medicine International, is the healthcare delivery arm of HCL Group. Starting with the country’s first nationwide networked multispecialty clinics, HCL Healthcare aims to provide the whole continuum of care for chronic and acute diseases.
HCL Healthcare is determined to be the trusted long term care partner for people in health or illness.
HCL TalentCare is the newest business venture of the HCL Corporation. It is a global talent-solutions company offering integrated products and services to meet the growing demand for quality talent. The company’s focus is to create development solutions that offer a career launch pad for students and a ready pool of employable talent for enterprises in the IT, Banking, Insurance and Healthcare sectors. HCL TalentCare is headquartered in Chennai and operates world-class training campuses in Hyderabad and Chennai.
HCL has also been involved in criticism and litigation for a long time, involving the H-1B visa program to replace U.S. workers with cheaper foreign labor, including the Disney collusion lawsuit, and the heavily reported case of replacing the University of California’s San Francisco Medical Center IT workers.
Conclusion
HCL was once a garage start-up and today it’s a global conglomerate. HCL was established in the year 1976 as one of India’s original IT garage start-ups. HCL is a proud corporation for its long and exciting journey from startup to become a corporation in the IT industry. It is also confident of reaching new heights in the future. All these years HCL was the face of the Indian IT industry by conscientiously setting high business standards. The goal of providing sustainable, world-class products, solutions, and services; a feat that has helped the corporation touch the lives of millions in Indian and abroad.
FAQs
What is full form of HCL?
HCL stands for Hindustan Computers Limited.
What HCL company do?
HCL Technologies Ltd is a leading global IT services company. The company is primarily engaged in providing a range of software services business process outsourcing and infrastructure services.
What is the rank of HCL in India?
HCL Technologies is 8th most valued IT services company in India.
Where is the headquarters of HCL?
HCL Technologies is headquartered in Noida, India.
Who is the founder of HCL Technologies?
Shiv Nadar and Arjun Malhotra are the founders of HCL Technologies.
When was HCL Enterprise founded?
HCL Enterprise was founded in 1976.
Who is the CEO of HCL Technologies?
C Vijayakumar is the President and Chief Executive Officer of HCL Technologies.
Shiv Nadar is an Indian billionaire tycoon who founded the IT company, HCL Enterprise and serves as its Chairman. He is also the Founder and Chairman of the Shiv Nadar Foundation, through which he made efforts for the development of educational system in India. He is the founder of SSN College of Engineering and Shiv Nadar University. In 2008, the Government of India awarded him Padma Bhushan for his outstanding efforts in the IT industry. As of January 2021, Forbes named him as the third richest person in India with a net worth of $26 billion.
Shiv Nadar- Biography
Name
Shiv Nadar
Born
14 July, 1945
Birthplace
Moolaipozhi, Tamil Nadu, India
Age
76 (2021)
Nationality
Indian
Education
PSG College of Technology
Profession
Entrepreneur
Position
Founder & Chairman, HCL Enterprise; Shiv Nadar Foundation
Shiv was born to Sivasubramaniya Nadar and Vamasundari Devi in Moolaipozhi Village, Tamil Nadu. S.P Adithanar, who is the founder of Dina Thanthi newspaper, is the sister of Shiv’s mother. His cousin, Ramanichandran is a Tamil romance novelist.
He is married to Kiran Nadar and the couple has a daughter named, Roshni Nadar Malhotra, who currently serves as the Chairperson of HCL Technologies.
Shiv Nadar- Education
Shiv completed her elementary education from Town Higher Secondary, Kumbakonam. After completing his 6th standard, he was admitted in St. Joseph Boys Higher Secondary School, Trichy. He further studied from Elango Corporation Higher Secondary School, Madurai.
He received a pre-university degree from the American College, Madurai. He pursued a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore.
Shiv Nadar- Professional Life
Shiv started his professional career from Walchand group’s College of Engineering, Pune (COEP) in 1967. He soon left the job to start his own business with the partnership of his friends and colleagues. He is the founder of the IT firm, HCL Enterprise, and the philanthropic firm, Shiv Nadar Foundation.
Shiv Nadar- Startup
Shiv initially launched a company, Microcomp, which sold teledigital calculators in the Indian market. He started the business with his partners, Ajai Chowdhry (Ex-Chairman, HCL), Arjun Malhotra (CEO & Chairman, Headstrong), Subhash Arora, S. Raman, Yogesh Vaidya, Mahendra Pratap and DS Puri.
He founded HCL in 1976 with an investment of INR 187,000. After four years, the company set forth into the international market with the opening of Far East Computers in Singapore to sell IT hardware. The company reported a revenue of INR 1 million within the first year, in continuation of the Singapore operations.
Shiv founded Hindustan Computers Limited (HCL) Enterprise in 1976 and serves as the Chairman of the company. The company has successfully established three of its subsidiaries including, HCL Technologies Limited, HCL Infosystems and HCL Healthcare. He is the largest shareholder in the company without perpetuating any management control.
HCL Technologies Limited is an Indian multinational information technology (IT) firm based in Noida, Uttar Pradesh, India. It was originally HCL’s R&D division and emerged as a subsidiary of HCL Enterprise in 1991. The company has its offices in 44 countries including, United States, United Kingdom, France and Germany.
Shiv Nadar- Philanthropy
Shiv founded SSN College of Engineering in Chennai, Tamil Nadu in 1996. He named SSN college under his father’s name, Sivasubramaniya Nadar. He has played a vital role in the college activities, like gifting INR 1 million worth shares of HCL to the college.
Logo of SSN College
In 2005, he joined the executive board of Indian School of Business and his Shiv Nadar Foundation declared the establishment of two Vidyagyan schools for students of rural areas with a offer of free scholarships for 200 students from 50 districts of Uttar Pradesh.
He also served as the Chairman of the board of governors at Indian Institute of Technology Kharagpur. He has donated computers and other equipment’s of worth INR 80 lakhs. He established Shiv Nadar University in Noida, Uttar Pradesh, India. He funds the university through his philanthropic firm, Shiv Nadar Foundation.
In April 2017, he was ranked #16th in India’s 50 most powerful people list by India Today.
In 2011, he was named among Forbes’ 48 Heroes of Philanthropy in Asia Pacific.
In 2010, he was conferred with the Dataquest Lifetime Achievement Award.
In 2008, he received the third highest civilian award, Padma Bhushan from the government of India.
In 2007, he received an honorary doctorate degree from Madras University.
He was recognized as E&Y Entrepreneur of the Year in 2007.
In 2006, he received an honorary fellowship from the All India Management Association.
In 2005, he received the CNBC Business Excellence Award.
In 1995, he was declared the Dataquest IT Man of the year.
Shiv Nadar- FAQ’s
Who is the owner of HCL?
Shiv Nadar is the Founder of HCL Enterprise, a $9.9 billion global organization with over 153,000 professionals operating from 50 countries. He is also the Chief Strategy Officer of HCL Technologies, a group company, and India’s third-largest IT services organization.
Where is Shiv Nadar from?
Shiv Nadar is from Thiruchendur, Tamil Nadu.
What is Net Worth of Shiv Nadar?
He is the third richest person in India with a net worth of US$26 billion as of January 2021, according to Forbes.
What do HCL Technologies do?
HCL Technologies Ltd is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation. The company is primarily engaged in providing a range of software services, business process outsourcing and infrastructure services.
What is Shiv Nadar’s Education?
Nadar received a pre-university degree in the American College, Madurai and a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore.
Shiv Nadar- Conclusion
Shiv Nadar has always focused on quality education and he credits his success to the education and scholarships that he has received during his early years. He has always believed that access to quality education is the most potent tool of transformation which led him to establish the philanthropic Shiv Nadar Foundation. The Shiv Nadar Foundation endeavors to create institutions of transformational education that will continue to influence and nurture the country’s youth for decades to come. All the institutions established by Shiv Nadar Foundation aim to address the issue of quality in education, create lasting partnerships, and have a strong research orientation.
