As we know that Azim Premji is one of the top Indian business tycoon's. He is a philanthropist and the owner of Wipro limited. In , Asiaweek voted him as the 20 most powerful men in the world. In fact by the Time Magazine he was listed twice among the most influential people. He is the India's third largest outsourcer. Despite all his great achievements he is known for his modest lifestyle and humane personality.
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Azim Premji , in full Azim Hasham Premji , born July 24, , Bombay [now Mumbai], India , Indian business entrepreneur who served as chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as a world leader in the software industry. Three years later colonial India was partitioned into mainly Hindu India and Muslim Pakistan , but the Premjis, a Muslim family, chose to remain in India.
In , just before Premji was to complete his degree in engineering at Stanford University , his father died unexpectedly. Postponing his graduation, he returned to India to take the reins of the family business and immediately began to diversify, delving into consumer products such as soap, shoes, and lightbulbs, as well as hydraulic cylinders.
Premji renamed the company Wipro in , and in , when the Indian government asked IBM to leave the country, he began to steer the company toward the computer business. Wipro established a number of successful international partnerships in the s to help it build computer hardware for sale in India. It was software development, however, that made the firm so lucrative.
Wipro concentrated on developing custom software for export, primarily to the United States. Premji had boldly broken with tradition by transforming Wipro into an information technology powerhouse with a solid footing in foreign markets at a time when most fortunes in India were based on ownership of land and factories used to produce domestically consumed goods.
In Premji officially completed his degree from Stanford through a distance-learning arrangement. Despite his vast personal wealth, Premji continued to be recognized for his modesty, lack of extravagance, and charity. In he established the nonprofit Azim Premji Foundation, through which he aimed to improve the quality of elementary education in rural regions throughout India. By the end of the first decade of the 21st century, the foundation had extended computer-aided education to more than 16, schools, with child-friendly content increasingly available in local languages.
Azim Premji. Info Print Cite. Submit Feedback. Thank you for your feedback. Written By: Anthony G. See Article History. Britannica Quiz. Get to Know Asia. Get exclusive access to content from our First Edition with your subscription. Subscribe today. Learn More in these related Britannica articles:. India , country that occupies the greater part of South Asia.
Its government is a constitutional republic that represents a highly diverse population consisting of thousands…. Pakistan , populous and multiethnic country of South Asia. Having a predominately Indo-Iranian speaking population, Pakistan has historically and culturally been associated with its neighbours Iran, Afghanistan, and India.
Since Pakistan and India achieved independence in , Pakistan has been distinguished from its larger southeastern neighbour by its overwhelmingly Muslim population….
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Azim Premji Biography
Azim Hashim Premji born 24 July is an Indian business tycoon , investor , engineer , and philanthropist , who is the chairman of Wipro Limited. In , he agreed to give away at least half of his wealth by signing The Giving Pledge. Premji was born in Bombay , India in a Muslim family. Muhammad Ali Jinnah , founder of Pakistan , invited his father Muhammed Hashem Premji to come to Pakistan, he turned down the request and chose to remain in India. The couple have two children, Rishad and Tariq. It used to manufacture cooking oil under the brand name Sunflower Vanaspati, and a laundry soap called , a byproduct of oil manufacture.
One of the wealthiest people in India, Azim Premji is these days perhaps more known for his philanthropy than his wealth or business skills. As of Oct. In this article, we review Premji's rise as the owner of a small, family-run business to one of India's most influential entrepreneurs. At the time, Premji's father was already an established rice merchant.