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Made in
Pilani: Top 20 BITSIAN CEOs of Indian companies PDF
This is the first ever survey of BITSian leadership
in
India
, and what a remarkable
collection of jewels we have uncovered ! This list of people
represents generations of BITSians, showing examples of
innovation, entrepreneurship, leadership and enterprise, in a
wide range of industries. BITSian companies dominate in
India
’s leading arenas
such as Software, IT and BPO to rapidly growing industries
such as Pharmaceuticals and Automotive, consumer-oriented
products such as jewelry, televisions, cameras and computers
and mature sectors such as real estate and infrastructure.
Most of these companies are public traded in
India
.
Many companies are world leaders in their sectors.
The CEOs are household names, are or have been
Presidents of their Industry Associations, and
have won many awards domestically and internationally.
Collectively these companies account for over Rs 11,000 crores
in revenues and employ thousands. Here follows the story of
the leading BITSian leaders and the companies that were made
in Pilani .
1.
Vivek Paul, Wipro Technologies
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Not
surprisingly, Vivek Paul, Chairman and Vice President of Wipro
Technologies, comes in at No. 1.
Vivek Paul is arguably the most well known BITSian name and
face around. In his role as CEO of Wipro's global information
technology, product engineering, and business process services
segment he is responsible for a segment that has a revenue run rate
of $800m, with 20,000 employees and offices in 24 locations around
the world and contributes no less than 90% of Wipro's overall
profits, and a significant portion of its $7 billion valuation. Its
amazing that he has created Wipro into a global powerhouse in only
four years at its helm. He initially built a strong position as a
low-cost outsourcing firm that could integrate closely with client
teams. One of Paul’s first moves was to set up his headquarters in
Santa Clara
,
California
to be closer to his customers. He
trained 7,000 employees in Six Sigma, moved the headquarters to
Santa Clara
, and has achieved 45% annual revenue
growth and 50% annual earnings growth. His prior business
experiences include stints at Bain & Co., PepsiCo Inc and, in
his last job, he spent over 10 years at General Electric.
He started GE’s initiative to source software from
India
and was a member of the very first
evaluation team to visit
India
. In the early ‘90s he pioneered the
joint venture between GE Medical Systems and Wipro and was soon
appointed President and CEO of this joint venture. He took the
venture from being a fledgling start-up to becoming a leader in the
domestic Indian market. In 1996 he returned to the
US
to run GE's Global CT Scanner
business, a business unit with over $700M in revenues.
The business bestseller book Six Sigma mentioned his
pioneering work with the application of Six Sigma techniques in high
tech product design. He
graduated with a BE in EEE from BITS, Pilani, after which he went on
to complete his MBA from the
University
of
Massachusetts
at
Amherst
.
He was one of 3 Indians to be named
among
Asia
’s 25 Movers &
Shakers by AsiaWeek in March 2001. He is a member of the Board of
the California Chamber of Commerce, and Vice Chairman of its
Technology Committee. He is also a member of the BITS Senate, on the
advisory board of
Stanford
University
's Radiology Department
and a charter member of The Silicon Valley Indus Entrepreneurs
Organization. He is also
heavily involved in BITSAA alumni activities.
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2.
Kuldip K Kaura, Hindustan Zinc
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KK Kaura
ran ABB India as Managing Director till till 2001.
ABB India had sales of over Rs. 800 crores when KK Kaura
decided to leave to pursue other opportunities. When the Sterlite
Group took a 26% stake in Hindustan Zinc in 2002, KK Kaura, who was
then President of Sterlite’s copper business, was appointed as
Managing Director. Hindustan Zinc is one of the world’s largest
manufacturers of Zinc. KK
Kaura holds a degree in Mechanical Engineering (1968) from Pilani.
At a BITSAA Delhi event, he was presented with a memento on behalf
of the association by Rear Admiral Arun Saxena in December 2000.
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3. Sunil Duggal, Dabur Group
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Sunil
Duggal was appointed CEO of Dabur India Limited in June 2002 after
just 5 years with Dabur. Dabur is one of
India
’s oldest and best
known names with famous brands such as Chyavanprash (who can forget
that !) and Vatika. Sunil
joined Dabur in 1995 as General Manager (Sales & Marketing), of
the Family Products Division. This Division spearheaded the
spectacular growth recorded by Dabur during this period. Vatika was
also launched during this period and is now the Company's second
biggest brand. His meteoric rise in the organization continued when
he became Vice-President and SBU-Head of the Family Products and
subsequently, Division Director Sales and Marketing of Dabur India
Limited. Sunil has spent
all his working life in the FMCG sector. He had started out his
career with Wimco Limited in 1981 as a Management Trainee after
having completed his education in EEE at BITS and Business
Management at Indian Institute of Management,
Calcutta
. Between 1981 and
1995, he worked in many different roles at Wimco, Bennett Coleman
& Co. Ltd for a short period, and Pepsi Foods as GM, Sales
Operation.
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4. Gulu Mirchandani, Mirc Electronics (Onida)
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Gulu
Mirchandani is the Chairman & Managing Director of MIRC
Electronics Ltd. – manufacturers of the third largest brand of
color televisions in
India
- ‘ONIDA’. We all
remember the upstart company – Onida, that hit the market with its
outstanding and controversial advertising campaigns in the 80s –
Neighbors Envy, Owners Pride – and the face of the devil that
became the face of the company and made Onida one of
India
’s biggest consumer
product successes. He is also a member of the Board of Directors of
‘KEC International Ltd.’, ‘Blow Plast Ltd.’ and
‘Shoppers’ Stop Ltd.’. In 1999 under his leadership, MIRC
Electronics Ltd. also won the ‘Award for Excellence in
Electronics’ conferred by the Ministry of Information Technology,
Government of India. He
holds a BE in Mechanical Engineering degree from BITS.
He was the President of ‘Consumer Electronics and TV
Manufacturers Association’ (CETMA) between 1992-94 and is a much
sought-after industry spokesperson. He is currently the Chairman of
the Bombay Chapter of the World Presidents’ Organisation (WPO), an
International organization of more than 3000 CEOs with operations in
more than 60 countries.
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5. Baba Kalyani, Kalyani Group (Bharat Forge)
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Baba
Kalyani is the Chairman and Managing Director of Bharat Forge,
India, the largest auto components company in
India
. The Kalyani Group
also has interests in specialty steels, infrastructure and IT
enabled services. Bharat Forge is the largest forge in the world and
the flagship company of the Kalyani Group. The
Kalyani group has successful joint ventures with global companies
such as Robert Bosch, ArvinMeritor and Sharp.
It is one of the largest Indian exporters of engineered products.
Infrastructure development in
India
and IT enabled
services has been identified as new growth areas for the company.
Baba graduated with a BE in Mechanical Engineering from BITS
and an MS from the Massachusetts Institute of Technology (MIT).
He is a National Council member of the Confederation of
Indian Industry (CII) and is involved in various philanthropic
activities and projects including promotion of primary education for
underprivileged children through the India Education Initiative and
Pratham Pune Education Foundation. He is also Chairman of the Board
of Governors, Indian
Institute
of
Management
,
Indore
.
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6. Rakesh Kalra, Eicher Motors
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Rakesh
Kalra is the Managing Director of Eicher Motors Ltd. He joined
Eicher Tractors Ltd. in 1980 in
the Materials Management function and moved to Eicher Motors Ltd. at
Indore in 1985 going on to take over as Managing Director of the
company in 1999. He
started his career with Bharat Electronics Ltd,
Bangalore
, a leading
manufacturer of radar equipment for the armed forces in
India
.
He holds a degree in Mechanical Engineering from BITS, Pilani
and is an active member of the CII and is presently Chairman - Malwa
Zonal Council. He is also a member of the CII - M.P. Council and CII-Western
Regional Council. Eicher Motors manufactures and markets commercial
vehicles and has a network of more than 500 contact points
throughout
India
for sales, service and
spare parts, backed by around 4500 private mechanics trained by the
company. EML was incorporated in 1982 in technical and financial
collaboration with Mitsubishi of Japan for the manufacture of 6 ton
gvw LCVs. Eicher Motors currently has 23% market share in the 6-9
ton segment. The Eicher group is an established name in the
automobile sector. For instance, after a spate of accidents
involving school buses in
Delhi
, the company promptly
launched a variant of its Skyline bus, which specifically addressed
the safety concern of children.
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7. Rajesh Hukku, I-Flex Solutions
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With
fiscal 2003 revenue of $134 million and 2,370 employees, Rajesh
Hukku is founder, Chairman and MD of India’s largest software (not
IT) company, also the world’s largest financial software company.
Rajesh started out his career, not unlike so many of us, as a
Trainee Programmer, he went on to be employed as a Software
Developer and Designer with Tata Consultancy Services (TCS) before
he joined Citicorp Overseas Software Limited (COSL) as Project
Manager in 1987. He left with a group to start I-Flex in 1988, The
$1 million invested by Citicorp Venture Capital in the business is
worth over $400 million today. Rajesh is an outstanding marketer.
When an executive gave him a brush-off, telling him the bank's
system was so complex that only God could figure it out, Hukku made
a deft save. "Sir, we are Indians," he said. "We are
very religious, and very close to God." He won the business.
Rajesh holds a BE EEE from BITS Pilani (he graduated second in his
class). and has also
completed Post Graduate Research (sponsored by Tata Consultancy
Services) in Local Area Networks from College Park, Maryland, USA.
He is also heavily involved in BITSAA alumni activities.
He has received two honors for his success story - the
prestigious Ernst & Young, Entrepreneur of the Year Award for
Information Technology in 2002 and the ‘Dewang Mehta Award for
Innovation in Information Technology' conferred by the Ministry of
Communications and Information Technology – the second time the
award has been given, and the second time it has gone to a BITSian.
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8. Harish Bhat, Tanishq
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Tanishq
is one of the top five retailers in
India
, with 60 showrooms in
47 cities. Only six of these are owned by the company. The rest are
run by franchisees. It contributes 40 per cent to Titan's business
and is expected to account for 55 per cent by 2007.
The firm is run by Harish Bhat who was Chief Operating Officer till
recently been named to the top post. He also successfully led the
sales, marketing and retailing efforts over the past two years, in
his capacity as Vice-President - Sales & Marketing, and helped
turn around the company from its three years of successive losses.
Harish now has ambitious plans to grow the company’s
revenues to Rs 800 crores in three years. Tanishq has tied up with a
US
retailing company
and is looking to aggressively grow overseas. After
graduating from BITS Harish went on to complete his MBA at the
Indian Institute of Management (Ahmedabad).
His diverse experiences with the Tata group began with the
Tata Administrative Service (TAS) and, over a span of 16 years, his
Leadership roles have included FMCG marketing, sales and
distribution, and strategic planning.
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9. Ramesh D Grover, CMS Computers
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CMS
Computers Ltd. was started 25 years ago as a computer maintenance
company with two colleagues, and Ramesh has been key critical in the
development and growth of the organization, which today boasts of
having almost 2500 people worldwide. He graduated from BITS with a
degree in Mechanical Engineering and while in college pursued
electronics as his hobby. Our very own Michael Dell, he assembled
radios for his peers to earn pocket money. Every weekend he would
travel to
Delhi
to buy a radio kit and
assemble it during the week – assembling, over a couple of years,
no less than 200 radios! After
a brief stint with Larsen & Toubro, Ramesh joined IBM where,
over the course of a decade, he rapidly evolving from his initial
role of Trainee Engineer to National Technical Support Manager,
picking up several service awards along the way. A couple of years
subsequent to the introduction of FERA (Foreign Exchange Regulation
Act), in 1976, IBM developed its exit strategy for
India
and this paved the way
for the founding of CMS Computers.
Today, the core divisions of CMS encompass all segments of IT
- from manufacturing, through software development to customized
product development. CMS boasts of 70 engineers in R&D centers
in Mumbai, Pune and
Trivandrum
, engaged in the design
and development of innovative IT empowered products. Key R&D
initiatives have included touch screen point-of-sale, time
attendance, access control and traffic control systems. Ramesh is
definitely well on his way of realizing his vision of creating an IT
powerhouse.
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10. BK Patodia, GTN Textiles
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When
Bill Clinton visited
Hyderabad
to learn more about
the IT industry there, GTN Textiles ended up in the headlines.
T-shirts made by GTN are sold under the top-end Cutter & Buck
brand – the brand that
Clinton
wears (The shirts
retail for $80-120).
Clinton
took back two Cutter
& Buck golf T-shirts presented to him by the Chief Minister. An
Engineering Graduate from one of the reputed Engineering Institute
BITS Pilani, Mr.Patodia is the head of the well known G.T.N.Group.
Of Companies, the Group has four export oriented Cotton Spinning
Units. He is also the Director of Kerla State Industrial Development
Corporation Ltd,
Trivandrum
, Committee Member Of
Cotton Textiles Export Promotion Counicl, and Indo American Chamber
Of Commerce & Industry, Branch (Kerla). GTN Group has Joint
Venture with ITOCHU Corporation,
Japan
. GTN also has tieups
with other companies like AM Player, Yves Saint Laurent, Lerros and
Louis Estere. GTN was established in 1966, and is now the national
leader in fine-count cotton yarn exports. It has won the Textile
Export Promotion Council Award for the best export effort in
fine-count cotton yarn since 1984.
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11. SN Zindal, STPI
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STPI, The Software Technology Parks of India is arguably
at the heart of
India
’s software and BPO
revolution, especially in key cities like
Bangalore
and Chennai. It houses
the important software development centers of
India
and has some of the
best infrastructure facilities in the world. But, Director General
of STPI has global ambitions. A graduate from BITS Pilani and a post
graduate from IIT Kanpur, he is making every effort to make STPI a
world class player by forging important business associations with
international players, opening many more centers and by increasing
the inflow of technology and finance. Mr.
Zindal is a senior member/fellow of many professional bodies like
IEEE, IETE, and Broadcast Engineering Society. He previously worked
in the capacity of Chairman and Managing Director ET&T
corporation and is still associated with this company. As Director
General, he is overall head of STPI having its presence at 21
centers in
India
and proposes to open
more centers. He has about 29 years of experience and has headed
major projects in government, private and public sectors. He is a
senior member/fellow of many professional bodies like
IEEE
,
USA
, IETE,
New Delhi
, Broadcast Engineering
Society,
New Delhi
. Earlier he was
Chairman & Managing Director, ET&T Corporation Ltd., a
Government of India enterprise, and is also presently holding
additional charge for the same. SN Zindal says some companies, both
Indian and foreign, have evinced interest to become STPI partner but
the decision can be taken only after the government took the
decision on corporatisation.
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12. Anil Gupta, Microtek
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Anil
Gupta an Electronics Engineer from Pilani and the founder and
director of Microtek, a company with 2,500 employees and 250
dealerships. Anil tried his hand at practically everything– From
teaching, to manufacturing doorbells, to data processing, to
computer education and to create a successful Rs. 400 crore computer
peripheral business. A focused and a persistent mind lead him to
move on from Televista where he was a service engineer to creating a
company called Systems Technologies and Consultancies Services (STACS)
which dealt with hardware and software design. Following
several years of setbacks, diversification to other domains and
pressure from international players, Mr. Gupta soon struck gold. He
carefully analyzed the situation and decided to capitalize from the
information technology industry which was still picking up in
India
. Some quick trips
abroad and soon Mr. Gupta was completely into the business of
selling monitors. Microtek was soon launched and became a big player
in the monitors market. Mr. Gupta’s perceptive analysis enabled
him to keep Microtek in the game despite the entry of huge
multinationals. It is surprising that Microtek continues to hold on
in a highly-competitive market, where even domestic players like BPL,
Samtel or global giants like Viewsonic have not tasted success.
Today, the company continues to be the only player in monochromes
with average sale of about 5,000 units per month. While the sale of
color monitors has peaked and fallen from 450,000 units to less than
300,000 units, the huge channel network has ensured that Microtek
continues to exist in the MC market. It is using the same channels
to pump in other peripherals like keyboards, UPS’ and
motherboards. But the future doesn’t look bright for smaller
monitor players. Samsung, with an installed capacity of over 4
million units, in a country with a demand of less than 2 million
units, can use the extra capacity to push out players.
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12. JC Jain, Texplas Group
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JC
Jain has a career that is studded with awards and recognitions. A
Master’s degree holder in Production Engineering from Pilani and
Bachelor’s degree holder in Mechanical Engineering from Gwalior,
Mr. Jain went on to establish Texplas (India Private Limited) in
1975. The company dealt with producing fiberglass based insulating
materials for electrical equipments. At present, the company has
graduated to become the Texplas group of industries that includes
Texplas India (P) Ltd, Rishabh Velveleen Limited and Texplas
International. He has previously worked in top management positions
at Union Carbide India Limited and Hindustan Electro Graphite’s
and Carbon Corporation. One of Mr. Jain’s most important
contributions to the Indian Industry was to give the Total Quality (TQ)
movement momentum and direction. He was responsible for several
important developments in this area and has chaired many
associations in this regard. Several companies have obtained his
assistance in their quality initiative. For these efforts of Mr.
Jain, he has received plenty of recognition both in
India
and abroad. He is
one of the first approved from Registered Lead Auditors
Accreditation Board (RAB),
USA
and an approved
tutor by British Standards Institution,
U.K.
and RWTUV,
Germany
in
India
. He has been awarded
the Udyog Ratn". "Udyog Patra" and "Samaj Ratn”.
In addition Mr. Jain is a member of International Organization for
Standardization Technical Committee and the Managing Director of TQM
International.
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14. Deep Kapuria, Hi-Tech Gears
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As
President of the Automotive Component Manufacturers Association of
India (ACMA) and as Chairman and Managing Director of High Tech
Gears, Mr. Deep Kapuria is an aggressive individual who sets high
standards for himself. He
has been persistent in his efforts of “upping” the auto industry
in
India
by bringing in various
collaborations and trade agreements. His efforts paid off when ACMA
was conferred the ‘outstanding partner’ award 2002 by the
Japan
external trade
organization (Jetro). He served as Vice-President of ACMA in the
year 2001-2002 and, prior to this, was Chairman, ACMA (Northern
Region) for four years. Mr.
Kapuria holds an Honors Degree in Engineering from BITS Pilani and a
management degree from
Harvard
Business
School
. He also undertook
courses in quality control and processes and is today a certified
Lead Assessor. In 1993 he held the position of Chairman of the Delhi
Chapter of the Quality Circle Forum of India. High Tech Gears as the
name suggests is a player in the auto ancillaries industry and
manufactures automotive gears and shafts mainly for Hero Honda
Motors.
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15. Vijay Rao, Epicenter Technologies
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Mr.
Rao is considered a leader in the telecommunications industry in
India
with three decades of
work experience in
India
and the
US
. As Managing Director
(GBCS) at AT&T/Lucent, he was responsible for creating the
market for call centers and voice mail in
South Asia
. As Executive Director
and CEO of Escotel, an Indian Multinational cellular service
company, he spearheaded his company to capture 67% of the market
share in
India
.
He has a Bachelors degree (B.E.) from one of
India
's best engineering
institutes, BITS Pilani. and an MBA from the
University
of
Colorado
. Vijay has written
articles on the telecom industry for the Wall Street Journal. He has
also been on extensive lecture tours across
India
and the
US
.
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16. RK Arora, CDAC
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The
development of the supercomputer by
India
after being denied the
supply of US-made Cray supercomputer had once and for all proved
that the country would never give in to technological blackmail, the
scientists said. This
was achieved under the watch of Eminent Executive Director for the
Center for Advanced Computing (C-DAC), RK. Arora is an important
contributor to an organization that has always attempted to be
‘three up’ over the rest in the race for being technologically
sound in the process becoming a highly specialized corporation. C-DAC
-
India
’s pride that has
developed next generation technologies like the PARAM supercomputer
is where RK Arora spends most of his time at. The combined and
persistent efforts of eminent scientists like RK Arora himself has
lead to C-DAC making vital contributions in the domain of high
performance computing thus giving India the distinction of being
amongst the few countries in the world to have accomplished
something so significant. C-DAC is now looking at developing A Grid
Enabled Information Infrastructure for Next Generation High
Performance Computing. Shri
RK Arora is an graduate from BITS Pilani. (Note: RK Arora stepped
down from CDAC after a very successful completion of his 5-year term
at the helm of the group, at time of going to press)
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17. SK Garg, Eldeco Group
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Mr.
SK Garg, a Civil Engineer from BITS Pilani, taught engineering at
his alma mater. That was when the entrepreneurial surge took over
him and he went on to found Ekdeco construction Pvt. Ltd. in 1975
and Eldeco Housing & Industries Ltd thereafter. There was no
stopping after that and Mr. Garg’s passion propelled him to build
more and more ambitious projects. From mini cities, to group housing
projects to commercial complexes, Mr. SK Garg has been there, done
it all and done it to perfection. It was thus no wonder when the
company won the Builders Excellence award and Award for excellence
in construction. From a humble beginning of 18 thousand sq. ft, the
construction experience of Eldeco Housing & Industries Ltd is an
impressive 120 lakh sq. ft today. The company has already completed
45 projects in
Lucknow
,
Kanpur
,
Agra
and
Ghaziabad
with 18 more
under-construction. The company went public in 1985 and is today
listed on Mumbai,
Delhi
and Kanpur Stock
exchanges.
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18. Naresh Khattar, Avalon Resorts
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Naresh
Khattar is a civil engineer from Pilani and has made his niche in
the highly competitive construction industry. Having been around in
the field ever since 1978, he has the credit of successfully
completing hallmark projects like the Indira Gandhi Indoor Stadium,
Talkatora Swimming pool, Asiad Village, Hyatt Regency Hotel, Hilton
Hotel, A. W.H.O. Som Vihar, Garden Estate and T.E.R.I. His prowess
is visible not only in
India
but also many other
countries including
Germany
,
Argentina
,
UK
and
North America
. Soon his untiring
desire for ‘more’ overtook him and this time he set his sights
on building resort hotels. Avalon Resorts, Mussorie the result of
this latest venture has the 'Gold Crown' resort accreditation by RCI
and is considered one of the most premium among holiday resorts in
the country. Rita Khattar, an interior designer is perhaps
Naresh’s most valuable resource. Where Naresh builds, Rita adds
the necessary ambience to make the project an impeccable piece of
design. old Crown' resort accreditation by RCI and is considered the
most premium among holiday resorts in the country. Besides, Mr.
Naresh Khattar also owns Enaar Exports, an export house recongnised
by the Government of India.
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19. Yogesh Vaidya, Software Technology Group
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With
an extensive background in the corporate training and education
markets, Mr. Vaidya guides eWebUniversity's focus as it addresses
the high-growth e-learning market. Before co-founding eWebUniversity,
Mr. Vaidya was founder and chairman of Software Technology Group (STG),
one of
India
's top three IT
software training and consulting companies. Prior to STG, Mr. Vaidya
co-founded the HCL Group, one of the largest IT conglomerates in
Asia
. Mr. Vaidya holds
bachelor's degrees in electronic and electrical engineering from
Birla Institute of Technology and Science (BITS).
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20. Anurag Jain, Vision Healthsource
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Anurag
Jain founded Vision Healthsource in 1997 to deliver end-to-end
process outsourcing services to U.S healthcare providers. He
functions as the Chief Executive of Vision Healthsource, Inc. He
also co-founded Brigade Corporation, a customer support company, and
managed the company's 700 customer support employees worldwide, as
the Global VP of Operations that raised over $115 million from
venture capital firms such as General Atlantic Partners and Mohr,
Davidow, although the company failed. AJ was a management consultant
with Gemini Consulting where he launched wireless operations for
telecom carriers worldwide. He holds an MBA from the
University
of
Michigan
and a BS degree in
Electronics and Electrical Engineering from the Birla Institute of
Technology and Sciences,
Pilani
,
India
. Chennai-based Vision
Healthsource is one of the leading Health care Business Process
Outsourcing (HBPO) companies in India with a client base of over 25
US-based healthcare billing companies. A part of $1.3 billion Perot
Systems of the
US
, Vision offers its
services to the US-based medical billing companies, hospitals,
payors and third party processors with specialisation in claims,
administrative processing and revenue-cycle management. The company
handles US$ 1 billion worth provider claims per year for physicians
and hospital-based and physician specialties across the US and over
500 people process more than 25 million transactions from Chennai.
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How we created this
list:
When we started working on
this article, we “uncovered” so many successful BITSians in
India
that we didn’t know how to create this list. Finally we settled on
two simple criteria – the company had to be Indian and the
individual had to be the CEO. This eliminated at least 20 CEOs of
Indian arms of International companies (many large and famous ones)
as well as many powerful board members, business unit heads and
other such individuals. In creating our ranking we used only one
measure – revenues. Although this may appear rather narrow, this
is the least controversial measure we could think of. Over time, we
will also introduce you to many other sparkling gems. And of course,
if we’ve missed anyone or made any errors, please email us. We
hope to make this list a regular annual feature.
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