Some businesses simply come and die, much like civilizations. There are some who construct everlasting structures and live for decades. The tactful leadership is the secret to this. The skills of great leaders include inspiring others to see and share a vision as well as driving innovation within the organisation. Investors, customers, and employees all desire a strong leader at the top.
Developing countries, such as India, are home to some of the world’s most important leaders. Although there are many amazing entrepreneurs in India, these individuals brought about change and established standards in their respective fields.
In the following article, we will talk about top 10 inspiring business leaders in India who are still considered idols.
Indian billionaire Dhirubhai Ambani began his career modestly by offering traditional delicacies to religious visitors. His business soon evolved, and he moved into sectors like consumer products, information technology, power generation, and logistics. Reliance Industries is currently the largest privately held business in India and is a Fortune 500 firm.
JRD Tata, as he is more commonly known, was born to Indian and French parents in Paris. After receiving his aviation training in Europe, he went on to become the country of India’s first commercial pilot. While working for the TATA Group, the family firm, he struck out on his own and founded TATA Airlines, which eventually evolved into the current Air India. Especially. His automobile company, Tata Motors (TTM), manufactures affordable automobiles for practically all working Indians.
With an upfront outlay of 10,000 rupees, Nagavara Ramarao Narayana Murthy co-founded the IT behemoth Infosys (INFY). He is frequently referred to as the “father of the Indian IT sector” and has a net worth of $3.6 billion. He was Infosys’ CEO from 1981 to 2002 and its chair from 2002 to 2011. Infosys’ market value was approximately $104.7 billion as of March 2022.
Selling calculators and microcomputers, Shiv Nadar invested a small sum of money to start HCL Infosystems in 1976. Soon after HCL’s expansion, it sold more than 1 million in Singapore and the Far East. HCL’s continuing expansion has increased Nadar’s net worth to nearly $24.5 billion.
Lakshmi Niwas Mittal is an Indian businessman who started out by working for his father’s steel company. Due to family strife, he later broke away and founded ArcelorMittal, which is now among the greatest steel manufacturers in the world (MT). ArcelorMittal’s market capitalization was $25.79 billion as of May 18, 2022. Their estimated net worth of Mittal is $16.8 billion.
A well-known Indian industrialist, Ghanshyam Das Birla founded his first business in the early 1900s – a cotton and textile mill. By 1919, Birla’s firms were also producing a large amount of paper and sugar. Birla Group has grown to be a multi-sector worldwide corporation by the time of his death. The corporation is currently run by his 54-year-old great-grandson Kumar Mangalam Birla, who has a $14.3 billion net worth.
Sun Pharmaceutical was founded in 1982 by Dilip Shanghv with a meagre $10,000 investment, or around $200. Shanghvi was skilled at what he did since he was a pharmaceutical distributor’s son. Sun Pharma is now India’s largest pharmaceutical firm, thanks to gradual development and a succession of acquisitions. Today, Shanghvi is estimated to be worth $15 billion.
Azim Premji is the former head of Wipro Industries (WIT), a multinational software and technology business that has been compared to Microsoft. Due of this and his unofficial position as “czar” of the Indian IT industry, Premji is occasionally referred to as Bill Gates of India. He has a value of $2 billion and owns 73% of Wipro’s share.
An Indian-Emirati businessman, Mukesh “Micky” Jagtiani has lived most of his life outside of India. He received his education in Mumbai and Beirut before moving to London to attend accounting school, where he eventually dropped out. His first business, which he started while operating a taxi, eventually developed into a major player in real estate and retail. Landmark has also diversified into e-commerce in recent years. As the Chairman and owner of Landmark Group, Jagtiani is estimated to be worth $3 billion.
Ardeshir Godrej co-founded The Godrej Group, a diverse company with holdings in real estate, consumer goods, security, home appliances, and industrial tools. After unsuccessful attempts to create hand-crafted medical equipment, Ardeshir and his brother found success in the locksmithing industry, which served as the group’s humble beginnings. The Godrej Group now generates over $6 billion in revenue. Adi Godrej, who is in charge of the group, is worth $2.5 billion.
Each of these business owners had a unique style when they first started out. Many people didn’t start technology companies; instead, they built conglomerates that were handed down as family businesses from generation to generation. But that doesn’t mean that future presidents won’t emphasise technology and support India’s economic growth. The future of technology advancement will undoubtedly be riper as more entrepreneurs explore new IT options.
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Business Talk is a digital business magazine that caters to CEOs, Entrepreneurs, VC, and Corporates. While working with entrepreneurs and business executives, we focus not only on their achievements. Our mission is to shed light on business entities, including their innovations, technological benchmarks, USPs, and milestones/accolades.
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