The All India Management Association, an apex body of professional management in India set up in 1957, awarded the AIMA Corporate Citizen Award 2014 to Shiv Nadar, Founder & Chairman, HCL and Shiv Nadar Foundation, for his unparalleled efforts in philanthropy.
Accepting the award, Shiv Nadar said, “This is a great honor and I thank AIMA for this recognition. Education is a key determinant of development while inclusive education goes a step further to enable the progress and regeneration of communities. The Shiv Nadar Foundation would continue to harness the power of inclusive education to bridge the urban-rural divide and drive exponential social transformation in India by creating leaders from every socio-economic segment.”
Speaking on the occasion, Sanjiv Goenka, Chairman of the Jury, AIMA Managing India Awards 2014 & & Chairman, RP-Sanjiv Goenka Group said, “I congratulate Shiv Nadar for the award and for his truly exemplary work in institution building and education. His vision is an inspiration and worthy of emulation and admiration. Under his guidance, HCL and the Shiv Nadar Foundation have established high benchmarks with regards to best business practices and inclusive leadership development.”
Shiv Nadar, acknowledged as visionary in modern computing and technology in India, founded HCL in 1976 as one of India’s original IT garage start-ups. Currently, HCL comprises three companies in India – HCL Technologies, HCL Infosystems and HCL Healthcare with annual revenues of US$ 6.5 billion and over 95,000 professionals from diverse nationalities operating across 31 countries including over 500 points of presence in India.
In 1994, he established the Shiv Nadar Foundation, a private philanthropic organization. A significant driver of social change and transformational education, the Foundation has set up landmark institutions in India spanning the entire education spectrum from universities and colleges to K-12 schools. These include the SSN Institutions, India’s top ranked engineering college; the Shiv Nadar University, a multidisciplinary university with strong research orientation and VidyaGyan, a radical experiment in leadership development through free residential education to meritorious rural poor children. The Foundation has invested Rs 2,946 crore till March 2014 as per audited accounts, and is on course to spend Rs 3000 crore committed in 2013 over the next 5 years.
