Lalit Surajmal Kanodia

Last updated

Dr.
Lalit Kanodia [1] [2]
Dr. Lalit Kanodia.jpg
Born (1941-03-30) 30 March 1941 (age 83)
Kolkata, India
Education1959-1963 Indian Institute of Technology Bombay, India. Mechanical Engineering 1963-1967 Massachusetts Institute of Technology, Cambridge. United States, MBA & Ph.D in Management
SpouseAsha Kanodia (m. 19 November 1965)
Children4

Lalit Surajmal Kanodia (born 30 March 1941) is an Indian business entrepreneur. He is chairman of Datamatics Group of Companies which he founded in 1975, national president of the Indo - American Chamber of Commerce [3] and vice president of the Indian Merchants Chamber, [4] both organizations of the Indian business community. He has also served as president of the Management Consultants Association of India. [5]

Contents

Early life and education

Lalit Kanodia was born in Kolkata (then Calcutta) in West Bengal (India), the son of Shri Surajmal Kanodia, a bullion merchant and Chandravati Kanodia, a homemaker. His family moved to Mumbai in 1942.

Kanodia attended Bombay Scottish School in Mumbai. Besides his academics, he participated in athletics and captained his school's football team. Kanodia studied science in Elphinstone College, Bombay University for 2 years. He was then admitted to Indian Institute of Technology Bombay, where he studied Mechanical Engineering. [6] After graduating in 1963, Lalit secured admission to MIT, Cambridge, MA and completed his MS in Management in 1965 with the highest grade in the graduating class. He was awarded the Ford Foundation Fellowship while at MIT. [7] He returned to MIT in 1966 for his PhD in management, which he completed in 1967. Lalit was a member of the Project MAC at MIT that built Compatible Time-Sharing System and MULTICS (the first two multi-user computer operating systems and precursors to UNIX). [8] [9]

Teaching

While at MIT, Kanodia taught a course on statistical decision theory to MBA students (1964–65). Later, in India he taught MBA students for 2 years (during 1968–70) at the Jamnalal Bajaj Institute of Management Studies, Bombay University. [10]

Tata Consultancy Services

In 1965, JRD Tata, the then chairman of Tata Group was contemplating to start a software company. He asked Kanodia to study the feasibility of computerization within the Tata Group. Kanodia wrote three papers for the Tata Group which led to automation of the Load Dispatch System of the Tata Electric Companies by Westinghouse, Computerization of the electricity billing system of the company and formation of a software development center. Kanodia then returned to MIT [11] for his doctorate. He returned to India to form and head the software development center for the Tata Group. Kanodia formed the Tata Computer Center in 1967, later called Tata Consultancy Services in 1968.

Consulting

While in the United States, Kanodia consulted for Arthur D. Little and the Ford Motor Company. [12] In India, he has been a consultant to the State Bank of India, the Somani Group and the Kamani Group of companies. [13]

Datamatics

Kanodia established his own group of companies called "Datamatics" in 1975 with 10 employees. In 1979 he set-up the first dedicated offshore development center for Wang Laboratories. He also established the first satellite link for Software development from India, between its software development center in Mumbai and AT&T Bell labs USA in 1991. This led to the foundation of BPO services in India and Kanodia formally started another company "Datamatics Technologies Limited" with 100% focus on BPO and KPO services. The start of BPO services helped Datamatics spread its wing globally and it acquired SAZTEC [14] and CorPay, [15] [ when? ] two US based companies in 1997 and 2003 respectively. Since then Datamatics has acquired other companies internationally. As of Lalit is Group Chairman of Datamatics [16] which comprises:

Personal life

Lalit has four children with his wife Asha Kanodia. Eldest son Rahul Kanodia is vice chairman and CEO of Datamatics Global Services [16] and youngest son Sameer Kanodia is an Executive Director. His two daughters Aneesha and Amrita are married. [23]

Recognition

  1. Indian Affairs Indian of the year Award for IT, Consulting and BPO services [24] [25]
  2. Special Achievement Award at Asia Pacific Entrepreneurship Awards [26]
  3. Global Achiever Award for Business Excellence [27]
  4. Award from Prime Minister of India for the most innovative software product [28] [29]

Kanodia was president of the Management Consultants' Association of India. [5] [30] [31] He is National President of the Indo - American Chamber of Commerce. [3] He is vice president of Indian Merchants Chamber and chairman of its IT committee. [4] [32]

He was a member of the executive committee of NASSCOM. [33] [34] He has been Chairman of the Electronic & Computer Software Export Promotion Council (Western Region). [28] He joined the executive board of the Sloan School of Management, at MIT in 2008. [35] He served as the Honorary Consul General of Chile in India from 2002 to 2014. [36] [37] [38]

Related Research Articles

<span class="mw-page-title-main">Tata Consultancy Services</span> Indian multinational technology company

Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries. It is the second-largest Indian company by market capitalization.

<span class="mw-page-title-main">Ajay Piramal</span> Indian businessman

Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of July 2024, his net worth is estimated at US$2.8 billion.

National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group that primarily serves the Indian technology industry. Founded in 1988, NASSCOM operates as a nonprofit organization and serves as a key entity within the Indian technology sector.

<span class="mw-page-title-main">Pallonji Mistry</span> Indian-born Irish billionaire businessman (1929–2022)

Pallonji Shapoorji Mistry was an Indian-born Irish billionaire businessman. He was chairman of the Shapoorji Pallonji Group and a major shareholder of India's largest private conglomerate, Tata Group.

Subramanian Ramadorai Indian businessman

Subramanian Ramadorai was the Adviser to the Prime Minister of India in the National Council on Skill Development, Government of India. He held the rank equivalent to an Indian Cabinet Minister and was the Chairman of National Skill Development Agency (NSDA) and the National Skill Development Corporation (NSDC). As the Chairman of NSDA/NSDC, he initiated the process of standardization of skilling effort, quality benchmarking, inclusive collaboration, and commonality of purpose and outcomes in India by leveraging technology. Currently, he is the Chairperson of Mission ‘Karmayogi Bharat’, the National Programme for Civil Services Capacity Building (NPCSCB) that aims to transform Indian bureaucracy and prepare civil servants for the future, through comprehensive reform of the capacity building apparatus at individual, institutional and process levels.

Faqir Chand Kohli was a co-founder and the first CEO of TCS Tata Consultancy Services, India's largest software services company. He was also associated with other companies within Tata Group, including Tata Power Company and Tata Elxsi, and had been President of Indian Information Technology (IT) services advocacy body NASSCOM. He was a recipient of the Padma Bhushan, India's third-highest civilian honor, in 2002 for his contributions to the Indian software industry. He is referred to as the "Father of the Indian IT Industry", for his contributions to the establishment and growth of the Indian IT industry.

<span class="mw-page-title-main">Pramod Bhasin</span> Indian businessman

Pramod Bhasin stepped down as President and CEO of Genpact, one of the largest IT and software consultancy company, becoming non-executive Vice Chairman in 2011.

Santacruz Electronics Export Processing Zone (SEEPZ) is a Special Economic Zone in Mumbai, India. Situated in the Andheri East area, it is subjected to liberal economic laws as compared to the rest of India to promote rapid economic growth using tax and business incentives and attract foreign investment and technology. Seepz was created in 1973 and was seen as export processing zone. Since then many other SEZ's have been created in rest of India. SEEPZ mainly houses electronic hardware manufacturing companies, software companies, and jewelry exporters of India. More than 40 percent of India's total jewelry exports ($2,222.31 million) out of $5,210.69 million during year 2006-2007 came from units within SEEPZ.

<span class="mw-page-title-main">Uday Salunkhe</span>

Dr. Uday Salunkhe is the director of the Welingkar Institute of Management Development & Research, Mumbai and Bangalore. He is the chairman of Ad Hoc Board of Studies in Management Courses of Mumbai University and Chairman of the Local Management Committee of Association of Management Development Institutions in South Asia (AMDISA) – a SAARC initiative. He took over as the President of Association of Indian Management Schools (AIMS) for year 2007–2008. AIMS is the 2nd largest body of management schools in the world with more than 500 member. His work is strongly influenced by the likes of Jack Welch and Arya Chanakya.

The Economic Times Awards for Corporate Excellence are the awards conferred by The Economic Times in the field of business, corporate and government policies, economies in India. It is an annual awards, conferred in various categories. Since 2017, Deloitte Touche Tohmatsu India LLP (Deloitte) has been the title sponsor of the awards. The 2018 leg of the awards will be held on 22 November in Mumbai.

Datamatics is a Digital Technology, Operations, and Experiences Company that enables hundreds of global enterprises to go Deep in Digital to enhance their productivity and customer experience to create a sustainable competitive advantage.

<span class="mw-page-title-main">Cyrus Mistry</span> Indian-born Irish billionaire businessman (1968–2022)

Cyrus Pallonji Mistry was an Indian-born Irish billionaire businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, and only the second not to bear the surname Tata. In mid-2012, he was chosen by a selection panel to head the Tata Group and took charge in December that year. In October 2016, the board of Tata Group's holding company, Tata Sons, voted to remove Mistry from the post of chairman. Former chairman Ratan Tata then returned as interim chairman, and Natarajan Chandrasekaran was named as the new chairman a few months later. However, in December 2019, the National Company Law Appellate Tribunal (NCLAT) declared the appointment of Chandrasekaran as executive chairman illegal, and restored Mistry. However, the Supreme Court stayed NCLAT's order on 10 January 2020. Mistry had filed a cross-appeal in the court, seeking explanations for anomalies in the NCLAT. However, the Supreme Court upheld his dismissal.

Deena Mehta is an Indian businesswoman, broker, investor, financial adviser, chartered accountant and social activist. She is the managing director and chief executive officer of Asit C. Mehta Investment Intermediates Ltd. Mehta was one of the first female members of Bombay Stock Exchange, Mumbai and became its first woman president.

<span class="mw-page-title-main">Sandip Sen</span> Indian business executive (born 1966)

Sandip Sen is an Indian business executive. He was the Global Chief Executive Officer & Executive Director of Indian company Aegis Limited. He was appointed as the CEO of Aegis on 1 December 2012 and left the position and moved to the Board in 2018.

Abidali Zainuddin Neemuchwala is an Indian business executive. He was the chief executive officer (CEO) and managing director (MD) of Wipro from February 2016 to June 2020. On 31 January 2020, Wipro announced that he would be stepping down due to family commitments, once a successor is appointed.

<span class="mw-page-title-main">Nanik Rupani</span> Indian Entrepreneur (born 1941)

Nanik Rupani is an Indian Entrepreneur. He is also the Chairman Emeritus of Priyadarshni Academy, an NGO which provides educational scholarships to needy and deserving students. They promote the Indian classical performing arts among the youth.

Prafulla B. Ragubhai Desai is an Indian surgical oncologist and a former chairman of the Research Advisory Committee on Oncology of the Indian Council of Medical Research. He is credited with the first bone marrow transplantation in India, which he performed with his team in 1983. He is a former director and superintendent at Tata Memorial Centre, Mumbai (1973–1995) and continues his association with the institution as their professor emeritus. He is one of the founders of the Rural Cancer Centre established by Tata Memorial Centre at Barshi, Mumbai and serves Breach Candy Hospital as a surgical oncologist and the Indo-Global Summit on Head and Neck Oncology (IGSHNO) as a member of their national faculty.

Saurabh Srivastava is an Indian entrepreneur, investment professional, institution builder and a former chairman of NASSCOM, a non-profit trade organization for the promotion of Indian IT industry. A master's degree holder from Harvard University, he founded Infinity Venture, reportedly the first venture capital fund in India and is a recipient of Dataquest Lifetime Achievement Award, the IT Industry Award from the Prime Minister of India and Distinguished Alumnus Award from the Indian Institute of Technology, Kanpur. The Government of India awarded him the fourth highest civilian honour of the Padma Shri, in 2016, for his contributions to trade and industry.

References

  1. ↑ "Lalit Surajmal Kanodia Ph.D., M.I.T." Bloomberg. 7 June 2023.
  2. ↑ "Dr. Lalit Surajmal Kanodia takes over as IACC National President". Archived from the original on 26 April 2016. Retrieved 26 April 2016.
  3. 1 2 "Indo-American Chamber Of Commerce".
  4. 1 2 ":: Indian Merchant Chamber ::".
  5. 1 2 "Lalit Kanodia".
  6. ↑ http://www1.iitb.ac.in/Newsletter3.pdf [ bare URL PDF ]
  7. ↑ https://fordfoundcontent.blob.core.windows.net/media/2435/1965-annual-report.pdf [ bare URL PDF ]
  8. ↑ Sharma, Dinesh C. (6 March 2015). The Outsourcer. ISBN   9780262028752.
  9. ↑ "Godrej India Culture Lab - Indian Graduates from MIT Who Have Changed the Face of Technology".
  10. ↑ "rpglifesciences annual report" (PDF).
  11. ↑ "Print :India and MIT: How we became a technological force to reckon with". Archived from the original on 14 March 2016. Retrieved 26 April 2016.
  12. ↑ "Rpg Life Sciences Ltd (RPGL.BO)". Reuters India. Archived from the original on 9 May 2016.
  13. ↑ http://www.rpglifesciences.com/downloads/annualreports/annualreport_2007-08.pdf [ dead link ]
  14. ↑ SAZTEC International, Inc. (13 October 2003). "Datamatics Technologies Limited to Acquire SAZTEC International, Inc".
  15. ↑ "Datamatics plans to buy overseas BPO firms". timesofindia-economictimes. Archived from the original on 9 May 2016.
  16. 1 2 "Company Overview - Datamatics Global Services Ltd". Datamatics.
  17. ↑ "A Digital Technologies, Operations & Experiences Company". Datamatics.
  18. ↑ "NSE - National Stock Exchange of India Ltd".
  19. ↑ "Stock Share Price | Get Quote | BSE". www.bseindia.com.
  20. ↑ "Open Source Enterprise Solutions - Portals, ECM, eCommerce, Big Data Analytics". CIGNEX Datamatics.
  21. ↑ "Online Publishing - Retail Solutions - Publishing Services - Content Development". Lumina Datamatics.
  22. ↑ "Home". datamaticsindia.com.
  23. ↑ Dr. Lalit Kanodia addressing Building India's Smart Cities – Challenges & Opportunities Part 1. 4 October 2015 – via YouTube.
  24. ↑ "Indian Affairs India Leadership Conclave Awards conferred by Satya Brahma at ILC 2015".
  25. ↑ "History of Indian Affair's India Leadership Conclave & Indian Affairs Business Leadership Awards". Breakfast News TV.
  26. ↑ "APEA New Delhi 2015 Award Winners". The Asian Entrepreneur. 3 April 2015.
  27. ↑ "Datamatics Wins Global Achievers Award for Business Excellence". PR.com.
  28. 1 2 nazerry. "APEA / INDIA / DR LALIT S KANODIA". Enterprise Asia.
  29. ↑ "Officer Profile - Quotes". Reuters India. Archived from the original on 9 April 2016.
  30. ↑ "Lalit S. Kanodia, Author at Gateway House". Gateway House.
  31. ↑ "Dr. Lalit Surajmal Kanodia takes over as IACC National President". PressReleasePoint (Press release).
  32. ↑ "Deepak Premnarayen to be IMC's President, Dr. Lalit Kanodia Vice-President for 2016-17".
  33. ↑ "Dr. Lalit Surajmal Kanodia is the Chairman of IT Committee of IMC".
  34. ↑ "Dr. Lalit Surajmal Kanodia takes over as IACC National President". Archived from the original on 26 April 2016. Retrieved 26 April 2016.
  35. ↑ http://mitsloan.mit.edu/alumnimagazine/pdf/Spring2010-Executive%20Boards.pdf [ bare URL PDF ]
  36. ↑ AyerViernes S.A. "Sección Consular de Chile en Nueva Delhi".
  37. ↑ "Consulate of Chile in Mumbai, India".
  38. ↑ "Business with Latin America".
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.