N.R. Narayana Murthy is a prominent Indian entrepreneur and co-founder of Infosys, one of the largest IT companies in India. His story is one of hard work, determination, and innovation. Born on August 20, 1946, in Shidlaghatta, Karnataka, he grew up in a middle-class family. His parents valued education highly, which greatly influenced his life.
Early Life And Education
Narayana Murthy showed an early interest in mathematics and science. He completed his schooling in Mysore and then pursued a Bachelor's degree in Electrical Engineering from the National Institute of Engineering in 1967. After that, he obtained a Master's degree from the Indian Institute of Technology (IIT) Kanpur in 1969.
After finishing his education, Murthy began his career as a Research Associate at the Indian Institute of Management (IIM) Ahmedabad. He later worked as the Chief Systems Programmer at IIM Ahmedabad's Computer Centre. Here, he contributed to significant projects like India's first time-sharing computer system.
Narayana Murthy Age Wikipeda, Biography, Net Worth, Family
| Category | Details |
|---|---|
| Full Name | Nagavara Ramarao Narayana Murthy |
| Date of Birth | 20 August 1946 |
| Place of Birth | Shidlaghatta, Karnataka, India |
| Education | Bachelor in Electrical Engineering from National Institute of Engineering, Master from IIT Kanpur |
| Career | Worked at IIM Ahmedabad and Patni Computer Systems before starting Infosys |
| Co-founder of | Infosys Technologies |
| Position Held | CEO (1981-2002), Chairman (2002-2011), Chairman Emeritus (2011-present) |
| Net Worth | Approximately $5.1 billion |
| Spouse | Sudha Murthy |
| Children | Rohan Murthy, Akshata Murthy |
| Key Achievements | Padma Shri (2000), Padma Vibhushan (2008), and numerous other awards |
Career Beginnings
In the early 1970s, Murthy faced challenges while working at Patni Computer Systems in Pune. He had a vision for creating a company that would lead India into the information technology revolution. However, he faced setbacks when he attempted to start a company called Softronics, which did not succeed.
Despite these challenges, Murthy remained determined to pursue his dream. In 1981, with an initial investment of just INR 10,000 from his wife Sudha Murthy, he co-founded Infosys along with six other software professionals. This marked the beginning of a remarkable journey that would change the landscape of IT in India.
Founding Infosys
Infosys was established on July 2, 1981. The company started small but had big ambitions. Under Murthy's leadership, Infosys developed innovative software solutions and gained recognition for its quality services. The company introduced the global delivery model, which allowed it to provide services to clients worldwide efficiently.
Murthy served as the CEO of Infosys from 1981 to 2002. During this time, he transformed Infosys into a global leader in IT services. His leadership style emphasized transparency, ethics, and employee welfare. He believed that happy employees lead to satisfied customers.
Achievements And Recognition
Under Narayana Murthy's guidance, Infosys grew rapidly and became one of India's most respected companies. In 1999, Infosys became the first Indian company to be listed on the NASDAQ stock exchange in the United States. This milestone brought international attention to India's IT sector.
Murthy stepped down as CEO in 2002 but continued to play an essential role as Chairman until 2006 and then as Chief Mentor until 2011. His contributions to the IT industry earned him numerous awards and honors, including the Padma Shri in 2000 and the Padma Vibhushan in 2008.
Personal Life
Narayana Murthy's personal life is equally inspiring. He married Sudha Murthy in 1978. Sudha is an accomplished author and philanthropist who has played a crucial role in supporting her husband's ventures. She was not only his partner but also his first investor.
The couple has two children: Rohan Murthy and Akshata Murthy. Rohan worked briefly at Infosys before pursuing other interests. Akshata married Rishi Sunak, a British politician who became Prime Minister of the United Kingdom in October 2022.
Murthy's family values are evident in his approach to business and philanthropy. He believes in giving back to society and has supported various charitable initiatives through the Infosys Foundation.
Retirement And Legacy
Narayana Murthy officially retired from Infosys in 2011, but his influence did not end there. He returned as Executive Chairman for a brief period starting June 1, 2013, to help revitalize the company during challenging times.
His leadership style has inspired many young entrepreneurs in India and around the world. He emphasizes ethical business practices and has shown that success can be achieved without compromising on values.
Murthy is also known for his simple lifestyle despite being one of India's wealthiest individuals, with a net worth estimated at around $4 billion.
Here are some frequently asked questions (FAQs) about N.R. Narayana Murthy, along with their answers:
FAQs on N.R. Narayana Murthy
1. Who is N.R. Narayana Murthy?
N.R. Narayana Murthy is an Indian entrepreneur and co-founder of Infosys, one of the largest IT companies in India. He is known for his significant contributions to the Indian IT sector and has played a pivotal role in establishing India as a global outsourcing hub.
2. When was Narayana Murthy born?
Narayana Murthy was born on August 20, 1946, in Shidlaghatta, Karnataka, India.
3. What is Infosys?
Infosys is a multinational corporation that provides business consulting, information technology, and outsourcing services. It was founded by Narayana Murthy and six other software professionals in 1981.
4. What Was Narayana Murthy's Role in Infosys?
Narayana Murthy served as the CEO of Infosys from 1981 to 2002 and later as the Chairman from 2002 to 2011. He is currently the Chairman Emeritus of the company.
5. How did Narayana Murthy Start Infosys?
Murthy started Infosys with an initial investment of just INR 10,000, which he borrowed from his wife, Sudha Murthy. The company began as a small venture but grew rapidly under his leadership.
6. What are Some Achievements of Narayana Murthy?
Murthy has received numerous awards, including the Padma Shri (2000) and Padma Vibhushan (2008), two of India's highest civilian honors. He has also been recognized as one of the greatest entrepreneurs of our time by various publications.
7. Is Narayana Murthy Involved In Philanthropy?
Yes, Narayana Murthy is known for his philanthropic efforts. He has donated millions to various charitable causes through the Infosys Foundation, which focuses on education, healthcare, and rural development.
8. What is Narayana Murthy's Educational Background?
Narayana Murthy earned a Bachelor's degree in Electrical Engineering from the National Institute of Engineering in 1967 and a Master's degree from the Indian Institute of Technology (IIT) Kanpur in 1969.
9. Who is Sudha Murthy?
Sudha Murthy is Narayana Murthy's wife. She is an author, philanthropist, and chairperson of the Infosys Foundation. She played a crucial role in supporting her husband’s entrepreneurial journey.
10. How Many Children do Narayana and Sudha Murthy have?
The couple has two children: Rohan Murthy and Akshata Murthy.
11. What is Narayana Murthy's Current Net Worth?
As of now, Narayana Murthy's net worth is estimated to be around $4.61 billion, making him one of the wealthiest individuals in India.
12. What Impact did Narayana Murthy have on the Indian Economy?
Narayana Murthy has significantly contributed to India's economic growth by pioneering the IT revolution in the country. His work with Infosys has opened doors for many other IT companies and has positioned India as a leader in software services globally.