Lalit Surajmal Kanodia

Dr. Kanodia (born 30 March 1941) is an Indian business entrepreneur, is currently Chairman of Datamatics Group of Companies which he founded in 1975. He also holds the position of National President of the Indo - American Chamber of Commerce[3] and Vice President of the Indian Merchants Chamber,[4] both prestigious organizations of the Indian business community. He has also served as President of the Management Consultants Association of India.[5]

Dr.

Lalit Kanodia [1] [2]
Born (1941-03-30) 30 March 1941
Kolkata, India
NationalityIndian
Education1959-1963 Indian Institute of Technology Bombay, India. Mechanical Engineering 1963-1967 Massachusetts Institute of Technology, Cambridge. United States, MBA & Ph.D in Management
Spouse(s)Mrs. Asha Kanodia (m. 19 November 1965)
ChildrenRahul Kanodia

Sameer Kanodia

Aneesha Dalmia and Amrita Bhogilal

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 Smt. Chandravati Kanodia, a home maker. His family moved to Mumbai in 1942.

Kanodia attended Bombay Scottish School in Mumbai. Besides his academics, he participated in athletics and captained his schools’ 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, Lalit 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 chanced upon Lalit's CV and asked him to study the feasibility of computerization within the Tata Group. Lalit 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 Company in 1967 as Tata Computer Center, christened later as Tata Consultancy Services in 1968.

Consulting

While in the USA, Lalit 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

Lalit established his own Group of Companies under the Banner "Datamatics" in 1975. What he started with a modest team of 10 employees is now 8000 strong. 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] 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:

  • Datamatics Global Services Ltd[17] (A listed Company with BSE/NSE)[18][19]
  • CIGNEX Datamatics Technologies Ltd [20]
  • Lumina Datamatics Ltd [21]
  • Datamatics Staffing Services Ltd [22]

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]

References
  1. "Lalit Surajmal Kanodia Ph.D., M.I.T." Bloomberg.
  2. "Dr. Lalit Surajmal Kanodia takes over as IACC National President".
  3. "Indo-American Chamber Of Commerce".
  4. ":: Indian Merchant Chamber ::".
  5. "Lalit Kanodia".
  6. http://www1.iitb.ac.in/Newsletter3.pdf
  7. https://fordfoundcontent.blob.core.windows.net/media/2435/1965-annual-report.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.
  13. http://www.rpglifesciences.com/downloads/annualreports/annualreport_2007-08.pdf
  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.
  16. "Leadership Team".
  17. "Global IT Services, IT Solutions, IT Consulting Company - Datamatics".
  18. "NSE - National Stock Exchange of India Ltd".
  19. "Stock Share Price datamatics global services ltd - Get Quote datamatics - BSE".
  20. "Open Source Enterprise Solutions - Portals, ECM, eCommerce, Big Data Analytics". CIGNEX Datamatics.
  21. "Online Publishing - Retail Solutions - Publishing Services - Content Development - Lumina Datamatics". Lumina Datamatics.
  22. http://www.datamaticsindia.com/
  23. Dr. Lalit Kanodia addressing Building India’s Smart Cities – Challenges & Opportunities Part 1. 4 October 2015 – via YouTube.
  24. "NETWORK 7 MEDIA GROUP: 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. The Asian Entrepreneur Authors & Contributors (3 April 2015). "APEA New Delhi 2015 Award Winners". The Asian Entrepreneur.
  27. "Datamatics Wins Global Achievers Award for Business Excellence - PR.com".
  28. nazerry. "APEA / INDIA / DR LALIT S KANODIA". Enterprise Asia.
  29. "Officer Profile - Quotes - Reuters.co.in". Reuters India.
  30. "Lalit S. Kanodia, Author at Gateway House". Gateway House.
  31. "Dr. Lalit Surajmal Kanodia takes over as IACC National President".
  32. "Deepak Premnarayen to be IMC's President, Dr. Lalit Kanodia Vice-President for 2016-17".
  33. "Trending Now: Dr. Lalit Surajmal Kanodia is the Chairman of IT Committee of IMC".
  34. "Dr. Lalit Surajmal Kanodia takes over as IACC National President".
  35. http://mitsloan.mit.edu/alumnimagazine/pdf/Spring2010-Executive%20Boards.pdf
  36. AyerViernes S.A. "Sección Consular de Chile en Nueva Delhi".
  37. "Consulate of Chile in Mumbai, India".
  38. "Business with Latin America".
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