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Perspective
 
Builder of India's largest IT corpn
Sunday, 12.30.2007, 10:37pm (GMT-7)

India Post News Service

Arjun Malhotra is co-founder of HCL India and was its Vice Chairman for many years. He founded and built HCL from a six person "Garage operation" in 1975 to India's largest Information Technology Corporation with over 8,400 people.

He took over the US Operations of the group in 1989 and grew it to nearly $100 million annual revenues. In 1992 he ran the HCL-HP joint venture in India. In 1996 he set up and ran the joint venture with Deluxe Corporation. He also consolidated and grew the HCL Australia/Asia operations in Hong Kong, Australia and New Zealand.

Today the HCL group is worth over $850 million worldwide. He was the CEO and Chairman of TechSpan - USA and has had a wide variety of business interests in the IT industry in the US as well as in India. He is today one of the major contributories to Development Fund of IIT-Kharagpur and a member of its Governing Board.

He is also a Charter member of The IndUS Entrepreneurs (TiE) - a non-profit global network of entrepreneurs and professionals, established to foster entrepreneurship and nurture entrepreneurs. Arjun is a Fellow of the Institute of Electronics & Telecommunication Engineers, India (FIETE), and a Member of the Institute of Engineers, India (MIE).

He is a Founder Member of the India-UNIDO (United Nations Industrial Development Organization) National Industry Business Council. Malhotra is now the Chief Executive Officer and Chairman of Headstrong's Board of Directors.

Prior to Headstrong he was Chief Executive Officer and Chairman of TechSpan, which merged with Headstrong in October 2003. A pioneer of the Indian IT industry, Malhotra founded TechSpan in 1998 with funding from Goldman Sachs and Walden International.

The merger of TechSpan with Headstrong has built an end-to-end services organization. Malhotra led the seamless integration across businesses and cultures, resulting in Headstrong's recognition as one of the fastest-growing IT-based Financial Services companies. Malhotra studied at The Doon School, Dehradun, and Indian Institute of Technology (IIT), Kharagpur.

He graduated from IIT with B.Tech. (Hons.) in Electronics & Electrical Communication Engineering and received the Dr. B.C. Roy Gold Medal. In 1985, he attended the Advanced Management Program at Harvard Business School.

He founded the Prof. G.S. Sanyal School of Telecommunications at IIT Kharagpur through a personal endowment. He is Chairman of Vision 2020, an alumni initiative to create a US$200 million endowment fund for IIT Kharagpur by the year 2020. In "recognition of his outstanding contribution and services to the Institute", he was declared Life Fellow of IIT Kharagpur in February 2003.

The Jerusalem Fund of Aish HaTorah awarded Malhotra the Albert Einstein Technology Medal in 2001. The Award salutes the high tech industry's vanguard who "with their vision…have revolutionized the perception of time and space, linking mankind with ever growing speed and ingenuity.

Their cutting-edge breakthroughs have empowered countless others." The Institution of Engineers (India) has named Arjun Malhotra an Eminent Engineering Personality. Arjun was born in Calcutta on January 7, 1949.

Arjun founded the Prof. G.S. Sanyal School of Telecommunications at IIT Kharagpur through personal endowment of Rs 30 million, and was a member of the Board of Governors for the Mission Management Board in Communication Networking and Intelligent Automation - a technology development mission jointly undertaken by IIT Kanpur and IIT Kharagpur.

He was a member of the Board of Governors for the Delhi College of Arts & Commerce, and was Vice President of the Doon School Old Boys Society. He is also one of the founding members of SPIC-MACAY - Society for Promotion of Indian Classical Music and Culture amongst Youth.

This is today India's largest non-government, not for profit, social and cultural organization. Arjun and his wife Kiran, along with their daughter, Poorva, and son, Shiven, maintain homes in Saratoga, California and New Delhi, India.

Kanika Mehta

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