Azim Premji, an Indian business entrepreneur, philanthropist, investor and engineer who served as the chairman of Wipro Limited, directed the company through four decades of diversification and growth to emerge as a world leader
in the IT industry. A man is recognized by the legacy he leaves behind. Azim Premji is a living example of how a man’s action has the power to transform the nation. His contribution has been a major reason for the development of India’s global image. Premji is certainly one of the forerunners in expanding the IT industry in India and gradually making the world witness India’s hold on the IT sector.
Azim Premji turned a small, familyowned cooking-oil company into Wipro Limited, a multinational company focused on providing technology outsourcing services. He fashioned a culture of striving for excellence in business operations and Wipro was successful in executing the objectives that were part of this culture being one of the first software companies to get SEI Level 5 certification.
One of the many reasons, perhaps the most important that Azim Premji will be remembered for his philanthropy. India’s most generous billionaire has already given away $21 billion of his wealth as part of the Giving Pledge, a commitment by the world’s wealthiest individuals to donate the majority of their wealth to charitable causes. Premji was the first Indian and only third non-American to make this pledge. This includes two-thirds of his Wipro stock, which has been placed in a separate trust and will be used for educational purposes. The Azim Premji Foundation was set up as a
non-profit organization in 2001 to improve the country’s condition at the grass-root level i.e. education system. It has also set up a university in Bengaluru and works with schools and governments in various districts of India to improve education in an all-inclusive way by focusing on aspects like teaching, infrastructure, courses, etc. to holistically increase the quality of education.
Mostly all the rich people believe in perseverance, so does Premji yet it is his simplicity and his tendency to not claim extravagant luxury that separates him from other billionaires. On several occasions, the visionary behind one of the most exemplary organizations in the nation travels in an economyclass seat of the plane and prefers to stay in company guest houses rather than luxury hotels. Isn’t that so inspirational?
Words of wisdom by Azim Premji:
“I strongly believe that those of us, who are privileged to have wealth should contribute significantly to try and create a better world for the millions who are far less privileged”