Indian Entrepreneurs

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This presentation is a showcase of a brief life history and achievements of some of the great Indian entrepreneurs.

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Indian Entrepreneurs:

Indian Entrepreneurs Presented By: Anupam Kumar Reader SMS Varanasi. Email: anupamkr@gmail.com 1 © Copyright 2013 Anupam Kumar

Dhiru Bhai Ambani:

Dhiru Bhai Ambani Achievements: Dhiru Bhai Ambani built India's largest private sector company. Reliance is the first Indian company to feature in Forbes 500 list Background Started his entrepreneurial career by selling “Bhajias" to pilgrims in Mount Girnar over the Weekends He worked as a gas-station attendant, and as a clerk in an oil company in Aden, Yemen. Returned to India in 1958 with Rs 50,000 and set up a textile trading company Major Contribution: Created an equity cult in the Indian capital market. In 1992, Reliance became the first Indian company to raise money in global markets. 2 © Copyright 2013 Anupam Kumar

JRD Tata:

JRD Tata Achievements: India's first pilot Chairman of Tata & Sons for 50 years Launched Air India International, India's first international airline Establishment of Tata Chemicals (1939), Tata Motors and Tata Industries (both 1945), Voltas (1954) Tata Tea (1962) Tata Consultancy Services (1968) Titan Industries (1984) Background Educated in France, Japan and England Served in the French Army for a year Major Contribution He started with 14 enterprises under his leadership and half a century later on July 26, 1988, when he left , Tata & Sons was a conglomerate of 95 enterprises which they either started or in which they had controlling interest. 3 © Copyright 2013 Anupam Kumar

Dr Kallam Anji Reddy:

Dr Kallam Anji Reddy Achievements : Founder-chairman of Dr Reddy's Group of Companies Founder-Managing Director Uniloids Ltd from 1976 to 1980 Standard Organics Limited from 1980 to 1984 Awarded with Padma Shri in 2001 Background: B.Sc in Pharmaceuticals and Fine Chemicals from Bombay University PhD in Chemical Engineering from National Chemical Laboratory, Pune, in 1969 Served in PSU Indian Drugs and Pharmaceuticals Limited (IDPL) from 1969 to 1975 Major Contribution Transformed Indian bulk drug industry Mid 80s: Import-dependent Mid 90s: Self-reliant Presently: Export-oriented industry 4 © Copyright 2013 Anupam Kumar

Azim H. Premji:

Azim H. Premji Achievements: Chairman of Wipro Ltd. Richest Indian for the past several years Honored with Padma Bhushan in 2005 Background: Left studies Electrical Engineering from Stanford University, USA due to the death of his father Took over the reins of family business in 1966 at the age of 21 Wipro dealt in hydrogenated cooking fats Major Contributions: Wipro has metamorphosed from a Rs.70 million company in hydrogenated cooking fats to a pioneer in providing integrated business, technology and process solutions on a global delivery platform. Wipro Technologies is the largest independent R&D service provider in the world. 5 © Copyright 2013 Anupam Kumar

Bhai Mohan Singh:

Bhai Mohan Singh Achievement: Founder of pharmaceutical giant Ranbaxy Laboratories Ltd Also co-founded Max India with his youngest son, Analjit Singh Background: Began his business career in the construction during the Second World War Bagged a contract to build roads in the North East Started business as a moneylender Ranbaxy was started by his cousins Ranjit Singh and Gurbax Singh. They were distributors for A. Shionogi, a Japanese pharmaceutical company. Bought the company on August 1, 1952, for Rs 2.5 lakh. Major Innovation: In 1960s, he launched his first superbrand, Calmpose, an imitation of Roche's valium. Realised that one could make any product in the world through reverse engineering established an R&D facility at Mohali and launched one blockbuster pill after the other 6 © Copyright 2013 Anupam Kumar

Brij Mohan Lall Munjal:

Brij Mohan Lall Munjal Achievement: Chairman of the Hero Group Honored with E&Y's Entrepreneur of the Year award in 2001 Background: Started supplying components to the local bicycle business After partition in 1947, the family was forced to move to Ludhiana Munjals slowly spread their bicycle component distribution network in other parts of the country Became one of India's largest bicycle parts suppliers Started manufacturing handlebars, front forks and chains Punjab state government announced the issue of twelve new industrial licenses to make bicycles Helped by the Punjab government financing, Hero Cycles was registered as a 'large-scale industrial unit‘ An agreement was signed and on 13 April 1985 with Japan's Honda, the world's largest manufacturer of motorcycles. Today, the company is the largest manufacturer of motorcycles in the world. 7 © Copyright 2013 Anupam Kumar

Karsanbhai Khodidas Patel:

Karsanbhai Khodidas Patel Achievement: Man behind the hugely successful brand, Nirma Background: Came from a humble farmer family from Mehsana, Gujarat. Worked as Lab Assistant in the Geology and Mining Department of the Government of Gujarat In 1969, at the age of 25, Karsan Bhai Patel started a small-scale enterprise He offered a quality detergent powder, using indigenous technology, at a third of the prevailing price, without compromising on the product quality Major Rule Changers: Started door-to-door selling of Nirma and priced it at Rs. 3 per kg The next available cheapest brand in the market at that time was Rs.13 per kg. Nirma was made of an innovative formulation, which global detergent giants were later on compelled to emulate Nirma was phosphate free and hence environment friendly 8 © Copyright 2013 Anupam Kumar

Kiran Mazumdar Shaw:

Kiran Mazumdar Shaw Achievement: Chairman & Managing Director of Biocon Ltd Background: schooling at Bishop Cotton Girls School and Mount Carmel College, Bangalore. B.Sc. in Zoology from Bangalore University in 1973, Qualified as a master brewer from Ballarat University in Melbourne, Australia. started her professional career as trainee brewer in Carlton & United Beverages in 1974 In 1978, she joined as Trainee Manager with Biocon Biochemicals Limited in Ireland Founded Biocon India in collaboration with Biocon Biochemicals Limited, with a capital of Rs.10,000. Biocon's initial operation was to extract an enzyme from papaya. Biocon is today recognised as India's pioneering biotech enterprise. Major Challenges Faced: Banks were hesitant to give loan to her as biotechnology was a totally new field at that point of time she was a woman entrepreneur, which was a rare phenomenon 9 © Copyright 2013 Anupam Kumar

Kushal Pal Singh:

Kushal Pal Singh Achievement: Chairman of DLF Group Background: Born in Bulandshahar, Graduated from Meerut College, U.P. Aeronautical Engineering in UK Joined the Indian Military Academy, Dehradun Commissioned into The Deccan Horse-a renowned cavalry regiment of The Indian Army In 1960, K.P. Singh joined American Universal Electric Company a JV of Universal Electric Company of Owosso, Michigan and his family K.P. Singh promoted Willard India Limited in collaboration with ESB Inc of Philadelphia for manufacturing automatic and industrial batteries in India In 1979, K.P. Singh joined DLF Universal Limited Major Contributions: K.P. Singh had the vision to buy land in Gurgaon, which was then a barren village on the outskirts of Delhi. He had the foresight to saw the untapped potential of the place and today Gurgaon is one of the real-estate hotspots of the country. 10 © Copyright 2013 Anupam Kumar

Sunil Bharti Mittal:

© Copyright 2013 Anupam Kumar Sunil Bharti Mittal Achievement: Chairman and Managing Director of Bharti Group, India's largest GSM-based mobile phone service provider Background: His father was an M.P. Graduated from Punjab University in 1970 Set up a small bicycle business in Ludhiana in partnership with his friend In 1982, started a full-fledged business selling portable generators imported from Japan Later on the government banned the import of generators In 1986, incorporated Bharti Telecom Limited (BTL) and entered into a technical tie up with Siemens AG of Germany for manufacture of electronic push button phones Expanded his business and by early 1990s was making fax machines, cordless phones and other telecom gear Clinched Delhi cellular license in collaboration with French telecom group Vivendi BCL entered into a joint venture with Singapore Telecom International for a $650-million submarine cable project, India's first ever undersea cable link connecting Chennai in India and Singapore 11

Subhash Chandra:

Subhash Chandra Achievement: Founder of Zee TV, India's first private TV channel Background: One time rice trader from Hissar, Haryana Transformed into a media baron and his other interests include packaging, theme parks, lotteries and cinema multiplexes launched Zee Telefilms Limited in October 1992 as a content supplier for Zee TV - India's first Hindi satellite channel Commenced Siticable operations in 1995 Also started a joint venture with News Corp. In 1995, he launched two new channels, Zee News and Zee Cinema In 2000, Zee TV became the first cable company in India to launch Internet over Cable services. In 2003, Zee TV became the first service provider in India to launch Direct to Home (DTH) services 12 © Copyright 2013 Anupam Kumar

Rai Bahadur Mohan Singh Oberoi:

Rai Bahadur Mohan Singh Oberoi Achievement: Founder of the Oberoi Group of Hotels Background: Schooling in Rawalpindi; Graduation from Lahore moved to Shimla. In 1922, took a job of front desk clerk, at The Cecil Hotel at a salary of Rs 50 per month M. S. Oberoi assisted Mr. Clarke when he acquired Clarkes Hotel In 1934, M.S. Oberoi acquired The Clarkes Hotel from his mentor, by mortgaging all his assets including his wife's jewelry. In 1938, he signed a lease to takeover operations of the five hundred room Grand Hotel in Calcutta In 1943, acquired the controlling interest in the Associated Hotels of India (AHI) which owned the Cecil, and Corstophans in Shimla, the Maidens and the Imperial in Delhi, and a hotel each in Lahore, Murree, Rawalpindi and Peshawar Innovations to the Industry: The first group to start flight catering operations in India Opened the first modern, five star international hotel in the country, The Oberoi Intercontinental, in Delhi Established the prestigious Oberoi School of Hotel Management, recognized by the International Hotel Association in Paris the first to employ women in the hospitality sector 13 © Copyright 2013 Anupam Kumar

Shahnaz Husain:

Shahnaz Husain 14 © Copyright 2013 Anupam Kumar Achievement: Her company Shahnaz Husain Herbals touched $100 million in the year 2002. Background: Comes from a royal Muslim family Schooling from the Irish convent Got married, when she was only fifteen years old and the next year after her marriage, she became a mother. Went to Teheran along with her husband, she developed a keen interest in beauty treatments Learnt about the harmful effects of chemicals on human body studied Ayurveda and believed that it is the best alternative to chemical cosmetics Took extensive training in cosmetic therapy for 10 years from the leading institutions of London, Paris, New York and Copenhagen Returned to India in the year 1977 and established her first beauty salon in her abode Major Contributions: ushered an era of herbal cosmetics. The products launched by her Company head their way to leading global stores such as Blooming Dales (New York), Harrods and Selfridges (London), Seibu (Japan), Galleries Lafayette (Paris), La Rinaeccente (Milan).

Dr. Verghese Kurien:

Dr. Verghese Kurien Achievement: Known as the "father of the white revolution" in India Background: Graduated with Physics from Loyola College, Madras in 1940 Did his B.E. (Mechanical) from the Madras University Went to USA on a government scholarship to do his Masters in Mechanical Engineering from Michigan State University Completed special studies in engineering at the Tata Iron and Steel Company Institute at Jamshedpur Specialized training in dairy engineering at the National Dairy Research Institute of Bangalore Returned from America in 1948 and joined the Dairy Department of the Government of India Was posted as Dairy Engineer at the Government Research Creamery, a small milk-powder factory, in Anand, Gujarat The Plunge: Newly formed cooperative dairy, Kaira District Cooperative Milk Producers' Union Limited ((KDCMPUL), was engaged in battle of survival with the privately owned Polson Dairy, which was a giant in its field. Dr. Verghese Kurien left his government job and volunteered to help Shri Tribhuvandas Patel, the Chairman of KDCMPUL, to set up a processing plant. This led to the birth of AMUL. Major Milestone: Under Dr. Kurien's stewardship India became the as the largest producer of milk in the world 15 © Copyright 2013 Anupam Kumar

Narayana Murthy:

Narayana Murthy Achievement: One of the founders of Infosys Technologies Limited Background: B.E. Electrical from University of Mysore M.Tech from IIT Kanpur Began his career with Patni Computer Systems in Pune In 1981, founded Infosys with six other software professionals In 1987, Infosys opened its first international office in U.S.A. In 1993, the company came up with its IPO In 1995, Infosys set up development centers across cities in India In 1996, it set up its first office in Europe in Milton Keynes, UK. Major Milestone: Infosys became the first Indian company to be listed on NASDAQ 16 © Copyright 2013 Anupam Kumar

Lalit Suri:

Lalit Suri Achievement: Chairman of the Bharat Hotels chain and the single largest hotel owner Background: Alumnus of St Columbus and Sri Ram College of Commerce, New Delhi Trained as an automobile engineer, started his career manufacturing vehicle bodies Commissioned his first hotel in Delhi in 1988 Bharat Hotels has invested Rs 500 crore on its properties in Mumbai and Goa 17 © Copyright 2013 Anupam Kumar

For further details, contact…:

For further details, contact… Anupam Kumar Reader School of Management Sciences, Varanasi. Email: anupamkr@gmail.com 18 © Copyright 2013 Anupam Kumar

Acknowledgements:

Acknowledgements I would like to acknowledge the website http://www.iloveindia.com/indian-heroes/indian-entrepreneurs.html for all the inputs on the life history of the great Indian entrepreneurs. © Copyright 2013 Anupam Kumar 19

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