3 weeks ago

HCL Co-Founder Ajai Chowdhry Shares How Company Was Born

HCL Co-Founder Ajai Chowdhry Shares How Company Was Born
Six Friends, One Crazy Idea And Rs 1.87 Lakh: HCL Co-Founder Shares How Company Was Born · NDTV

HCL is a famous computer company from India, but it did not start out big.

Fifty years ago, six friends decided they wanted to build an Indian computer.

Back then, computers were rare in India, and many people thought the idea seemed almost futuristic.

The friends collected a small amount of money together, about Rs 1.87 lakh.

One of them even sold his car to help.

Their first office was a tiny rooftop room in Delhi, and they did not even have a finished computer yet.

They had only a picture and a brochure, but they still went out to sell it.

Two big colleges ordered first, and later a textile mill gave them a chance even though a bigger company was competing for the same order.

After that, more and more customers came.

The founders' message is simple: dream big, take the risk, and just aspire.

Key facts

Company
Hindustan Computers Limited (HCL)
Founded
1976
Initial capital
Rs 1.87 lakh
Founders
Six, including Ajai Chowdhry
First office
Small barsati in Golf Links, Delhi
First customers
IIT Kharagpur and IIT Madras
Key early win
Order from Premier Mills, Coimbatore, beating DCM DP
Milestone
HCL turns 50 years old

Quotes

Ajai Chowdhry

Co-founder of Hindustan Computers Limited (HCL) and one of the six founders

“"Between the six of us, we managed to put together Rs 1.87 lakh. We borrowed, pooled our savings and, in one case, even sold a car."”
NDTV

Sources

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