Ajim premji
Azim Premji, full name Azim Hasham Premji, (born July 24, 1945 in Bombay [now Mumbai], India),
Indian business entrepreneur who led Wipro Limited through four decades of diversification and expansion to become a world leader in the software sector. Premji had become one of the world's wealthiest persons by the early twenty-first century.
Premji's father created Western Indian Vegetable Products Ltd. in the year he was born, producing vanaspati, a widely used hydrogenated shortening. Three years later, colonial India was divided into Hindu India and Muslim Pakistan, but the Premjis, a Muslim family, elected to remain in India. Premji's father died abruptly in 1966, shortly before he was about to finish his engineering degree at Stanford University. He postponed his graduation and returned to India to take over the family firm, which he quickly expanded into consumer items such as soap, shoes, and lightbulbs, as well as hydraulic cylinders.
In 1977, Premji renamed the firm Wipro, and when the Indian government urged IBM to leave the country in 1979, he began to drive the firm into the computer market. In the 1980s, Wipro formed a series of successful overseas alliances to assist it in developing computer hardware for sale in India. However, it was the firm's software development that made it so profitable. Premji established a reputation for employing the greatest individuals and giving them with unrivalled training, and he took advantage of India's vast pool of well-educated software developers who were ready to work for far less than their American counterparts. Wipro focused on creating bespoke software for export, primarily to the United States of America.
Wipro's worth rose in the late 1990s, thanks to significant rises in technology stocks, and Premji became one of the world's richest entrepreneurs, a position he held far into the twenty-first century. However, the success of both the corporation and its chairman was more than just the consequence of outside factors increasing the business's worth. Premji had defied convention by developing Wipro into an information technology behemoth with a significant foothold in overseas markets at a period when most fortunes in India were founded on ownership of land and factories used to create locally consumed commodities Premji formally finished his Stanford degree through a distance-learning agreement in 1999.
Despite his enormous personal riches, Premji was known for his modesty, lack of excess, and generosity. In 2001, he founded the non-profit Azim Premji Foundation with the goal of improving the quality of basic education in rural India. The foundation has expanded computer-aided education to over 16,000 schools by the end of the first decade of the twenty-first century, with child-friendly materials becoming more available in local languages. Premji's reputation as a very ethical entrepreneur who operated as a model for other Indian businesses remained intact.