10 Most Successful entrepreneurs of India
India has proudly produced some of the best entrepreneurs who mastered their line of business and became very successful both in business and life. Let’s see the list of 10 most successful entrepreneurs of India who are as follows:
Dhirubhai Ambani also known to call as Dhirajlal Hirachand Ambani (28 December 1932 – 6 July 2002) was the founder of Reliance industries in Mumbai (1966) and now his sons Mr.Mukesh Ambani and Mr. Anil Ambani are chairman and MD of Relaince IndustriesReliance Industries Limited is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns their businessesacross India engaged in(Mukesh)telecommunications, energy, natural resources, petrochemicals, retail and textiles business and (Anil)took over the reins of Reliance Group with interests in Telecom, Entertainment, Financial, Power and Infrastructure. Reliance is the second most profitable company in India and the second-largest publicly traded company in India by market capitalization.The second largest company in India as measured by revenue after the government-controlled Indian and company is ranked 114th on the Fortune Global 500 list of the world’s biggest corporations, as of 2014.It contributes approximately 20% of India’s total exports and ranked 14th among the Top 250 Global Energy Companies by Platts.
2.RATAN TATA-TATA GROUPS
Ratan N Tata was the Chairman of Tata Sons and holding company of the Tata group, from 1991 till his retirement on December 28, 2012. He was also chairman of the major Tata companies, including Tata Steel, Tata Global Beverages, Tata Teleservices, Tata Consultancy Services, Tata Motors, Tata Power, Tata Chemicals and Indian Hotels. During his tenure, the group’s revenues grew manifold that totalling over $100 billion in 2011-12.Many Tata companies have achieved global leadership in their businesses. For instance, Tata Communications is no one international wholesale voice provider and Tata Steel is among the top fifteen best steelmakers. Tata Motors is among the top ten commercial vehicle manufacturers in the world.TCS is the second largest IT services company in the world by market cap and profit and Tata Global Beverages is the second-largest tea company in the world .Tata Chemicals is the world’s second-largest manufacturer of soda ash.
Narayana Murthy founder of Infosys on 1981, a global software consulting company headquartered in Bangalore, He served as the CEO of Infosys during 1981 – 2002, as the Chairman and Chief Mentor during 1981 – 2011, As the Chairman Emeritus during August 2011 – May 2013. Under his leadership, Infosys was listed on NASDAQ in 1999.He was listed among the 12th greatest entrepreneurs of our time by the Fortune magazine in 2012. The Economist ranked him among the 10 most-admired global business leaders in 2005.He is ranked among the top 10 of the Financial Times’ list of “Business pioneers in technology”, published in March 2015. In 2014 and he was ranked 13thamong CNBC’s 25 global business leaders who have made maximum impact on society during the last 25 years. He is the first Indian winner of Ernst and Young’s World Entrepreneur of the Year award and alsohe has received the Max Schmidheiny Liberty prize. He has appeared in the rankings of businessmen and innovators published by BusinessWeek, Time, CNN, Fortune, Forbes, Financial Times and India Today.
4.AZIM H. PREMJI-WIPRO
Muhammed Hashim Premji incorporated Western Indian Vegetable Products Ltd in 1945 in the district of Maharashtra. It used to manufacture cooking oil under the brand name Sunflower Vanaspati, and a laundry soap called 787, a by-product of oil manufacture and since 1966 after his death Azimpremji (24 July 1945 ) is a graduate in Electrical Engineering from Stanford University, USA has been take charge Wipro Limited. He was diversified $2 million hydrogenated cooking fat company into close to $ 8 billion Revenue IT, BPO and R&D Services organisation with a presence in 58 countries that it is today. The overall Wipro group revenues are $ 9 billion. Wipro Ltd is a global information technology, consulting and outsourcing company with 170,000 plus workforce serving clients in 175 plus cities across 6 continents and the company posted revenues of $7.7 Billion for the financial year ended Mar 31, 2016.Premji has been recognised by Business Week as one of the Greatest Entrepreneurs for being responsible for Wipro emerging as one of the world’s fastest growing companies.
Lakshmi Mittal, once India’s richest person, slipped in the rankings as his ArcelorMittal and the world’s biggest steelmaker and got hit by falling steel prices due to a global supply glut caused by rising exports from China. TheCompany said the loss was partly due to write-offs in its iron ore mining business. Arcelor sold its 35% stake in Spanish auto parts maker Gestamp for $1 billion in a bid to reduce its $15.7 billion debt. Its revenues fell 20% to $64 billion in 2015 and it reported a net loss of $7.9 billion, a seven-fold rise over the previous year .It also proposes to raise $3 billion to boost its capital. But Mittal, who has been not worried about his home country, is reportedly rethinking plans to build a new steel factory in South India.
6.DR. VERGHESE KURIEN-AMUL
He was the founder-chairman of the GCMMF for more than 30 years (1973–2006), is credited with the success of Amul. It is an Indian dairy cooperative, based at Anand in the state of Gujarat, India and itsFormed in 1946.It is a brand managed by a cooperative body and the Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), which today is jointly owned by 3.6 million milk producers in Gujarat. The cooperative was further developed and managed by Dr.VergheseKurien with H.M. Dalaya. Dalaya’s innovation of making skim milk powder from buffalo milk (for the first time in the world) and a little later, with Kurien’s help, making it on a commercial scale.
7.ANAND MAHINDRA-MAHINDRA GROUP
Anand Mahindra (born 1 May 1955) is the chairman and managing director of Mahindra Group. His grandfather JC Mahindra co-founded the company in Mumbai, India. Founded as a steel trading company, the Group today has a presence in multiple sectors from agribusiness to aerospace. He is included by Fortune Magazine among the ‘World’s 50 Greatest Leaders’ and featured in the magazine’s 2011 listing of Asia’s 25 most powerful business people. Anand has also been noted by Forbes (India) as their ‘Entrepreneur of the Year’ for 2013 and Sustainable Development Leadership Award for The Energy and Resources Institute (TERI) in the year of 2014.
Shiv Nadar was born in 1945, in Tiruchendur, Tamil Nadu and he started his career at Walchand Group’s Cooper Engineering in Pune in 1967. He started HCL later in 1976 with an initial investment of Rs. 187,000 from six founders.In 1980 Shiv Nadar entered into the international market with commencement of his Far East Computers in Singapore to sell IT hardware.In 1984 Shiv Nadar also started with development of Personal Computer solutions called Busybee and UNIX platform based solutions. In the IT hardware business, his company started with an auxiliary called HCL office automation which became India’s leader in office solutions. By 1987, HCL earned a revenue of 100 crores and was ranked as India’s no.1 companyBy early 1998, Nadar had amalgamated his business into five companies – HCL Technologies, HCL Infosystems, HCL Comnet, HCL Perot and NIIT.HCL technologies were made public by Nadar in 1999, at the time of Initial Public Offering, HCL was the second largest IT Company.
9.JAMNALAL BAJAJ AND RAHUL BAJAJ-BAJAJ AUTO
The Bajaj Group is amongst the top 10 business houses in India and its footprint stretches over a wide range of industries, spanning automobiles like two-wheelers and three-wheelers, home appliances, iron and steel, lighting, insurance, finance andtravel. The group’s flagship company, it is ranked as the world’s fourth largest two- and three- wheeler manufacturer and the Bajaj brand is well-known across several countries. Jamnalal Bajaj, who was the founder of the group, was a close confidant and disciple of Mahatma Gandhi. His son, Kamalnayan Bajaj, then 27, took over the reigns of business in 1942. He too was close to Gandhiji and it was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan Bajaj not only consolidated the group, but also diversified into various manufacturing activities. The present Chairman of the group, Rahul Bajaj, took charge of the business in 1965. Under his leadership, the turnover of the Bajaj Auto the flagship company has gone up from INR.72 million to INR. 120 billion, its product portfolio has expanded and the brand has found a global market. He is one of India’s most distinguished business leaders and internationally respected for his business acumen and entrepreneurial spirit.
10.SUNIL MITTAL-BHARATHI ENTERPRISES
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises which has interests in telecom, retail, realty, financial services, agri-products and renewable energy. Bharti Airtel group of company is the world’s third largest global telecommunications company by customer base with over 300 million customers across South Asia and Africa. Sunil is a recipient of the Padma Bhushan, one of India’s highest civilian awards and also been awarded the INSEAD Business Leader for the World Award 2011 and the NDTV Profit Business Leadership Award 2011 for “Corporate Conscience”. Earlier he received the Global Economy Prize 2009 by The Kiel Institute at Germany and the US-India Business Council also honoured him with the ‘Global Vision’ Award 2008. He has received the GSM Association Chairman’s Award for 2008 and also a member of the Academy of Distinguished Entrepreneurs, Babson College, and Wellesley, Massachusetts. He was ranked among the Top 25 Philanthropists in the World in 2009.
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