Indian Outsourcing Billionaires

US love to outsource its projects to India against China. The reason is the efficiency and the massive amount of talented man power.

You appreciate it or ignore it, India has been pegged as the undisputed leader in outsourcing. This is evident from the survey report by Forbes. According to the latest list entailing outsourcing billionaires, five out of seven are from India.

The companies love to outsource their projects in order to cut costs and gain access to specialized skills. The article lists the Indians who have made billions through outsourcing software services.

Azim Premji, Wipro

Topping the list of billionaire outsourcers is Azim Hasham Premji. He heads Wipro, a company that offers integrated business, technology and process solutions. He is the richest outsourcing billionaires with a net worth of $12.7 billion. Under his supervision and innovative thought, the company today has grown into a $5 billion IT services giant with customers across the globe.

Azim Premji is a man of substance and has been among the Financial Times list of top 25 billionaires who have done most to bring about significant and lasting social, political or cultural changes. In January 2005, the Government conferred him with Padma Bhushan.

Shiv Nadar, HCL Technologies

Next on the list is Shiv Nadar, co-founder of HCL Technologies which is one of the India’s leading global IT services company. His net worth is $3.9 billion.

Shiv Nadar’s vision made him the country’s sixth most powerful tech CEO. He is the head of the $4.4 billion global enterprise HCL and is well known for his daring forays. It was his daring efforts that he left his handsomely paid job and started HCL.

His ability to sense future and foresee the huge potential in IT education gave birth to NIIT. In 1998, Nadar started US operations, which was the beginning of the group’s international foray.

Narayana Murthy, Infosys Technologies

Narayana Murthy laid down the foundation of Infosys in 1981 with six other professionals. He served the company for long 21 years and made it a pioneer in consulting and IT. He through his vision made the company to excel globally in outsourcing.

He handed Infosys to co-founder Nandan M Nilekani in March 2002 and is the chief mentor and non-executive Chairman of the company with a net worth of $1.4 billion.

Under his supervision and guidance the company was listed on NASDAQ in 1999. He has been conferred with honorary doctorate degrees by leading universities across the world.

Nandan Nilekani, Infosys Technologies

The co-founder of Infosys and current co-chairman of the company, Nandan Nilekani is next on the list with a net worth of $1.1 billion. He served the company as Chief Executive and Managing Director till June 2007.

He was youngest on the list of World Economic Forum Foundation Board comprising of 20 entrepreneurs in January 2006. He received Fortune magazine’s “Asia’s Businessmen of the Year 2003” award. In 2006, he was conferred with Padma Bhushan to honor his smart thinking to make an Indian company a global brand.

Senapathy Gopalakrishnan, Infosys Technologies

Last on the list of Indian outsourcing billionaire is another co-founder of Infosys, Senapathy Gopalakrishnan with a net worth of $1 billion. He was appointed as Chief Executive and Managing Director in June last year.

Earlier he had been Chief Operating Officer (till April 2002), and President and Joint Managing Director (till August 2006).

He started his career by working with Patni Computer Systems (PCS), Mumbai as a software engineer in 1979.

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