It’s no secret that India is home to some of the world’s most brilliant brains, and the country’s industrial scene is no exception. There are numerous examples to look up to, including the country’s top industry leaders, to inspire us before we go global.
1. Ratan Naval Tata – Industrialist of Strategic Importance
Ratan Tata is a Padma Bhushan and Padma Vibhushan, winner. Ratan Tata became TATA Group Chairman in 1991 and temporarily in 2016. His perseverance helped TATA expand globally.
Under his wealthy leadership, he acquired many premier business groups in London, South Korea, Anglo-Dutch steel firms, and UK-based brands. He made India’s first People’s Car, the Tata Nano, for one lakh rupees.
Ratan Tata had the ambition to create a reasonable and affordable form of transportation for Indian middle-class families.
He’s also the chairman of Tata Trusts, one of India’s oldest foundations, which works in hundreds of districts across seventeen states with 450 organizations.
2. This is Dilip Shanghvi – The Sun and Simplicity
Dilip Shantilal Shanghvi founded India’s largest pharma, Sun Pharmaceutical Industries Ltd. Dilip Shanghvi is one of India’s richest self-made billionaires. Sun Pharma grew through acquisitions throughout his leadership.
He rose quickly. Insiders call his consultative, democratic style innovative. His ability to spot business opportunities helped the company grow. It motivates kids. Self-made, he won 2016’s Padma Shri. Renewable energy interests him.
3. He’s a philanthropist named Azim H. Premji!
An entrepreneur and Wipro Limited chairman, Azim Premji is well-known for his work as a philanthropist and investor. Having operations in 58 countries, Wipro has become a global leader in environmental initiatives thanks to its pioneering efforts.
Over the course of more than four decades, he expanded and diversified Wipro. As a result of his efforts, Wipro became the first software business to receive SEI Level 5 Certification.
Azim Premji made Wipro a global IT powerhouse. Globally, he’s considered an ethical entrepreneur and a role model for Indian businesses.
The French ambassador just presented him with France’s highest civilian accolade, Chevalier de la Légion d’Honneur. Indian and French IT companies have benefited greatly from his efforts.
Azim Premji Foundation and University also owe him a debt of gratitude for his contributions. As part of the ‘Giving Pledge,’ he is the first Indian and the third non-American to give away 25% of his salary.
4. Haldighat’s Warrior: Dr. R A Mashelkar
Dr Raghunath Anant Mashelkar, known as “The Warrior of Haldighati,” campaigned against US copyrights on turmeric, neem, and basmati rice.
Millions of Indians have been inspired by Dr Mashelkar’s leadership as Director-General of the CSIR.
His greatest contribution to Indian Science & Technology has been to transform the CSIR into a user-focused, performance-driven, and responsible organization, which has earned him the Padma Shri, Padma Bhushan, and Padma Vibhushan.
Mashelkar was just the third Indian engineer and the first scientist to receive the JRD Tata Corporate Leadership Award.
Reliance Industries and Tata Motors have both appointed him to their boards because of his commercial expertise.
5. Mukesh Ambani, the Charismatic Tycoon
Mukesh Dhirubhai Ambani, Chairman and Managing Director of Reliance Industries, combines hard work, drive, and devotion. When he was born, his father was constructing Reliance Industries.
Persistence and vision helped him develop a global business. His optimism has fueled Reliance Industries’ expansion.
Mukesh Ambani is a multinational business mogul. He exemplifies new-age businesspeople who welcome innovation and change.
Reliance Foundation encourages India’s growth. Development, healthcare, education, and urban redevelopment are foundation priorities.
6. Rajiv Bajaj of Bajaj Auto
Rajiv Bajaj says his company’s strategy for dealing with the domestic economic recession was an innovation. Smart innovation provides more for less money and makes ambition more attainable, he says.
Each of these measures was successfully implemented in the company’s commuter and sports motorbike sectors throughout this hard time, which began in September 2018 with the rise in insurance prices.
Bajaj Auto is No. 2 in the commuter motorbike market, so management knew they had to compete. The CT 110 and Platina H helped the company increase market share, according to Rajiv Bajaj. They improved the product with a small price increase.
7. Shiv Nader: The Story of a Great Leader
Entrepreneurs reportedly assess every possibility and. Nadar did just that and became succeeded. He recognized India lacked computers, and IBM’s exit was political. With Rs 1.87,000, he started HCL in 1976.
Uttar Pradesh handed Nadar Rs 20 lakh and 26% of the company was delisted by his entrepreneurial vision. The government share enabled him to form Hindustan Computers Limited.
The HCL 8C was India’s first computer. HCL BusyBee was Unix’s first multiprocessor version. Two years later, HCL Overseas Limited was created.
The company rebranded. The year 1979 saw the founding of HCL Far East Computers. HCL HP Limited was created by Nader. HCL joined Nokia and Ericsson and became a global name.
8. Steel Baron Lakshmi Narayan Mittal
Mr Mittal started at his family’s steel company in India. In 1976, he bought a run-down Indonesian factory to start an overseas affiliate. Mittal expanded his family’s Indonesian business to 14 countries and 150,000 employees.
Mittal created mini-mills and used Direct Reduced Iron as scrap. He oversaw worldwide steel consolidation. In 2004, Mittal Steel exported 42.1 million tons and earned $22 billion.
His company diversifies into transportation, coal, power, and oil. The steel magnate’s expertise revives ailing, rusting enterprises. Mittal acquired International Steel Group to become the world’s largest steelmaker.
9. Gautam Adani’s success story
Adani Group’s founder is Gautam Adani. Adani left Ahmedabad for Mumbai to seek his wealth and as a diamond broker, he first saw fame.
Adani, a natural entrepreneur, launched Adani Enterprises. The firm grew to include coal mining, ports, electricity generation, agro infrastructure, edible oil & transmission, and gas distribution.
Adani’s business model uses excessive leverage and political favours. As a first-generation entrepreneur, he’s often compared to Dhirubhai Ambani.
10. InterGlobe’s Rahul Bhatia
InterGlobe’s founder and chairman are Rahul Bhatia. InterGlobe is now one of India’s largest aviation corporations. InterGlobe’s founder is Rahul Bhatia.
He’s worked in the aviation industry for more than 25 years, developing and operating airlines in India, the Middle East, and Southeast Asia.
Rahul founded India’s largest airline, IndiGo. He helped make IndiGo a successful airline with a 40% market share.
Rahul is a Harvard Business School graduate and aviation industry award winner. He’s a YPO member (YPO). Rahul is a philanthropist who has worked in India and the U.S.
Summary
India’s entrepreneurial tradition is unique. Many Indian entrepreneurs come from humble origins and developed family corporations. Future Indian entrepreneurs would likely focus on technology and promote economic progress.