Success Story: Once this business was started with just 2 rupees a week, today it is earning in billions

Success Story: Once this business was started with just 2 rupees a week, today it is earning in billions


New Delhi. The name of Azim Premji, the founder and chairman of Wipro, is famous all over the world today. Premji with his visionary thinking and hard work gave Wipro a new identity in the whole world. Prem ji’s name is included in the richest Indians. Let us tell you that the grandfather of Wipro founder Azim Premji had once established one of the largest rice trading companies starting with just Rs 2 per week. After 75 years, this company has now become a multi-billion dollar company, which has business in many areas. Premji said that he did all this on a simple principle and that was the principle of honesty.

On the occasion of 75 years of Wipro, Premji launched a coffee table book named “The Story of Wipro”. Azim Premji has also been a part of Wipro’s 75-year journey for the last 53 years. In this way, Azim Premji’s story has also been told in this book.

Premji took over the business after the death of his father
Azim Premji told that later his father Mohammad Hussain Hashem Premji took over the grandfather’s legacy. He was 21 years old at the time of taking over the responsibility of the trading company. Premji’s mother was also not one to be afraid of challenges and had fought a lot to get a hospital built. She was a qualified doctor.

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Premji said, “He learned a lot from his mother. He had learned in childhood to stand up for something and to be consistent in his efforts with honesty. Azim’s father, Mohammad Hussain Hasham Premji, established Western India Products Limited in 1945 from Amalner, Maharashtra, which dealt with vegetables and refined oil. After the death of his father in 1966, Premji left Stanford University and returned to the country to handle the business.

slowly growing business
Unlike his father and grandfather, he focused on expanding the business and turned it from an enterprise into a company. He forayed into infotech in 1979 and later ventured into consumer care, lighting, infrastructure engineering firms and GE Healthcare. In the year 2000, Wipro achieved a revenue of $1 billion and was listed on the New York Stock Exchange. The company’s income was $ 8.1 billion in FY 2021.

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Azim Premji stepped down from his role of executive chairman on 31 July 2019 after leading the company for 53 years and devoted his time to philanthropy. At present, Azim Premji’s elder son Rishad Premji is the executive chairman of the company.

Tags: Azim Premji, Business news in hindi, Corporate Kahaniyan, Success Story, successful business leaders, Wipro, Wipro Company


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