ET AWARD LIFETIME..
Helping India Reboot and
Take its `Place in the Sun'
...and
the award goes to
LIFETIME
ACHIEVEMENT S RAMADORAI
Non-exec
Vice-chairman, TCS
When
most Indians were dreaming of getting a US green card,
S
Ramadorai turned it down to work for what was then a fairly
small
company , Tata Consultancy Services.
When
he took over as CEO and MD of the company from
FC
Kohli in 1996, the Indian information technology industry was
in its
infancy and TCS had about $150 million in revenue.
TCS
now employs 3,35,000 people and has over $15 billion in revenue.
Ramadorai
shepherded the IT industry through its first major slowdown
when
the internet bubble burst. Ramadorai had the ability to foresee
technology
waves and take the right calls in a field where obsolescence
could
occur overnight. He also led the transformation of TCS from a
division
of Tata Sons to a publicly held firm in 2004.
Last
year, it broke through the `5 lakh crore mark in market capitalisation,
a fitting tribute to Ramadorai who was
getting ready to retire as
vice-chairman
of the TCS board last October. People who have worked
with
Ramadorai, describe him as soft-spoken, hardworking and gritty .
TCS
CEO N Chandrasekaran attributes a keen sense of discipline as one
of the
most important qualities he imbibed from Ramadorai.
The
government awarded Ramadorai the Padma Bhushan, the third-highest
civilian
honour, in 2006. He also received the Commander of the Order of
the
British Empire (CBE) in 2009 for his contribution to Indo-British
economic
relations.Recognition came in other forms, too. The BSE,
Asia's
oldest stock exchange, selected him as chairman of its board
because
it was losing business to its more tech-savvy rival, National
Stock
Exchange.
After
retiring as CEO and MD of TCS, life has in some ways become
busier
for him.
He is
now chairman of the Indian operations of AirAsia, a venture that
marks
the Tata Group's return to the aviation industry. He also heads the
National
Skill Development Corporation and advises the PM on how
India
can benefit from its demographic dividend.
Ramadorai
won the Lifetime Achievement Award for his contribution
in
shaping TCS, and after retirement, steering the Skill India programme.
“Ram
is a rare person who has switched seamlessly between
UPA
and NDA,“ one juror noted. Another juror mentioned how
Ramadorai had been awarded the CBE by the UK
government.
“I
think corporate India and the IT industry has shown what India
can
offer to the world,“ Ramadorai said in response to winning the
award.
“When you look at the programmes the Prime Minister is
championing
-Make in India, Skill India -it is all about building our
intellectual
capital, and I am glad to be part of that agenda.
I look
forward to this country taking its place in the sun.“
ET19OCT15
|
Monday, October 19, 2015
ET AWARD LIFETIME.....Helping India Reboot and Take its `Place in the Sun'
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