HCL Founder Shiv Nadar’s Journey: From Textile Mill to TCS, Infosys Challenger with Net Worth of Rs 30,000 Cr – News18

Shiv Nadar, founder and chairman of HCL Technologies and a pivotal figure in today’s tech industry, has a journey that epitomises resilience and vision. Born in Mullaipozhi, Tamil Nadu, Nadar’s rise from humble beginnings is a testament to his relentless pursuit of excellence. After earning an engineering degree, Nadar started his career at Delhi Cloth Mills’ calculator division. However, his ambition to create something extraordinary led him to found Hindustan Computers Limited (HCL) in 1976, at a time when India lacked indigenous computer technology.

In 1978, Nadar pioneered India’s first domestically produced computer, the HCL 8C, utilising the Rockwell PP 8 microprocessor. This milestone not only marked a technological breakthrough but also symbolised India’s capability in the global tech arena. Expanding his vision beyond borders, Nadar established Far East Computers in Singapore in 1980, demonstrating his foresight in international markets. His strategic partnerships, such as with Hewlett-Packard in 1991, propelled HCL’s growth and positioned it as a global player in IT solutions.

Under Nadar’s leadership, HCL Technologies emerged as India’s top desktop company by 2001, with an IPO that garnered bids exceeding Rs 20,000 crore, underscoring investor confidence in the company’s trajectory. During the 2008 global economic downturn, while many companies resorted to layoffs, Nadar’s steadfast commitment to his employees saw HCL weather the storm without job cuts, earning him widespread acclaim.

Today, HCL Technologies stands as India’s third-largest IT firm, with a market capitalisation of Rs 4,25,923.31 crore. Nadar’s net worth, estimated at Rs 30,000 crore according to Forbes, underscores his stature as one of India’s wealthiest entrepreneurs.

From a small-town upbringing to reshaping the global tech landscape, Shiv Nadar’s journey continues to inspire generations, reaffirming his legacy as a pioneer and visionary in the world of technology.