Shiv Nadar

Shiv Nadar (born 14 July 1945) is an Indian billionaire businessman and philanthropist. He is the founder and chairman of HCL Technologies, and also the chairman of the Shiv Nadar Foundation.

Nadar founded HCL in 1976. Over the next three decades, he helped transform it from an IT hardware company into a large IT services company.

 Early life and education 
Nadar was born in Moolaipozhi village in the Madras Presidency. His parents were Sivasubramaniya Nadar and Vamasundari Devi. His mother was the sister of S. P. Adithanar, founder of Dina Thanthi. He studied in Kumbakonam, Madurai, and Tiruchirappalli. He later studied at The American College, Madurai and received an engineering degree from PSG College of Technology in 1967.

 Career 
Nadar began his career in 1967 at Cooper Engineering Ltd., part of the Walchand Group, in Pune. He later left the job to start his own business with several partners.

In the early 1970s, he started Microcomp, which sold digital calculators in India. In 1976, he founded HCL Technologies with an initial investment of ₹187,000.

In 1980, HCL entered the international market by starting Far East Computers in Singapore to sell IT hardware.

In August 2020, Nadar handed over the role of chairperson to his daughter, Roshni Nadar, who became the first woman to lead a listed Indian IT company. In July 2021, he stepped down as managing director of HCL Technologies. He was succeeded by C. Vijayakumar. 

 Recognition 
In October 2021, Forbes ranked Nadar as the third richest person in India, with an estimated net worth of US$31 billion.

 References 

Category:Living people
Category:Indian businesspeople