Azim Premji, a billionaire Indian businessman and philanthropist, is renowned for his pivotal role in transforming Wipro Limited into a global technology powerhouse. Born on July 24, 1945, in Bombay (now Mumbai), India, Premji’s journey to the pinnacle of the IT industry began with an unexpected turn of events.
In 1966, at the age of 21, Premji assumed the reins of his family’s modest vegetable oil business, Wipro, following the untimely demise of his father. Under Premji’s visionary leadership, Wipro underwent a metamorphosis, evolving from a small consumer products company into a multinational technology behemoth. With a focus on innovation, customer-centricity, and operational excellence, Premji steered Wipro into the realm of information technology, offering cutting-edge IT services, consulting, and business process services to clients across the globe.
Here’s a list of companies owned by the global tech leader, Azim Premji:
Wipro Ltd.
Led by Azim Premji, Wipro Ltd. has become a leading global provider of business process services, consulting, and information technology. With its main office located in Bangalore, India, Wipro employs more than 240,000 people to service clients on six continents. Wipro, one of India’s leading IT companies, reported an impressive $10.4 billion in revenue for the fiscal year 2022–2023, led by CEO Thierry Delaporte.
Wipro’s broad range of offerings, which includes cybersecurity solutions, cloud migration, and digital strategy consulting, has allowed the organisation to adapt to the changing needs of clients in a number of different sectors. Wipro is a company that never stops pushing the boundaries of innovation and sustainability. Its cutting-edge solutions propel digital transformation for its global clientele.
Premji’s perseverance and strategic sense helped Wipro expand into a multibillion-dollar company with operations in more than 50 nations. His unwavering drive for expansion and dedication to quality have solidly positioned Wipro as one of India’s leading suppliers of IT services, earning him the respect and admiration of both clients and colleagues in the business.
Tube Investments of India Ltd.
A diversified conglomerate, Tube Investments of India Ltd. (TII) is well-known in the manufacturing, engineering, and metal-formed product industries. Since its founding in 1949, TII has grown to become a significant force in the Indian market, providing a broad range of goods and services for the automotive, industrial, and engineering sectors, among others.
For the fiscal year 2022–2023, TII reported $1.3 billion in revenue under the direction of CEO Vellayan Subbiah. Because of its dedication to quality, innovation, and customer satisfaction, the company has been able to establish trusting relationships with well-known brands and keep a competitive advantage in the market.
Balrampur Chini Mills Ltd.
In the Indian sugar industry, Balrampur Chini Mills Ltd. (BCML) is a well-known player with a distinguished history spanning more than eight decades. With its main office located in Uttar Pradesh, BCML runs multiple integrated sugar complexes and distilleries that generate ethanol, sugar, and other related products.
Under the direction of CEO Vivek Saraogi, BCML recorded $1.2 billion in revenue for the 2022–2023 fiscal year. The company has established itself as a leader in the sugar industry and made a substantial contribution to India’s agricultural and rural economies thanks to its dedication to sustainable practices, technological advancements, and operational efficiency.
Apart from his exceptional commercial accomplishments, Azim Premji is well-known throughout the world for his charitable activities. His commitment to social responsibility has led him to donate a significant amount of his wealth to Indian social and educational initiatives, making a lasting impact on the country’s progress.
Premji’s extraordinary journey from leading a modest family business to helming a multinational technology giant has earned him numerous accolades, including being named one of the 100 most influential people in the world by TIME magazine. His unwavering dedication, foresight, and philanthropic spirit have not only transformed Wipro into a global powerhouse but also inspired countless individuals to embrace the virtues of ethical leadership and corporate social responsibility.
