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40 years after he took over his family’s vegetable oil company and turned it into a $5 billion company selling IT services, computers, consumer care, lighting and medical equipments, Azim Premji is on the lookout for his next billions.  He sees them coming from renewable sources of energy.  Water and Eco-energy are the two areas of focus for Wipro and that is where they believe the next billions will come for the company.

For those who know Premji, it is not uncommon to see the fifth richest Indian on the Forbes List and the 63-year-old chairman of Wipro switching off the lights before leaving office. It is this commitment to avoid waste that has turned Premji’s attention to ecology and sustainability.

In October 2008, even as it warned of slowing growth in its main software outsourcing business in the backdrop of a global financial crisis, Wipro released a recruitment ad for two new businesses, Wipro Water and Wipro EcoEnergy. The company has spent the previous two years preparing for this diversification, which may turn out to be the company’s third big change. The first was when a 21-year-old Premji took charge at Wipro after his father’s sudden death; the next was when the vanaspati and soap maker transformed itself into a multi-billion dollar information technology giant in the 80s and 90s.

Chief Financial Officer Suresh Senapathy says green services and solutions will bring in up to one out of every four dollars of the company’s revenue, three years from now. In the financial year ending March 2009, Wipro had revenue of more than Rs. 25,000 crore. Even if the revenue were to stagnate, a fourth of it — Rs. 6,250 crore — from ecology is no small amount. The plan also aligns well with Premji’s desire to ease down IT’s profit contribution from 93 percent currently to 70 percent in the next few years.

The new idea was first thought up by the 41-year-old head of Wipro Infrastructure Engineering (WIN), Anurag Behar. The two new ecology businesses will be housed under WIN. In January 2007, Behar made the first formal presentation about the ecology business to Wipro’s board of directors. The board reacted positively but also advised caution: Ecology was a nascent field with rapidly evolving technology and Wipro should not get locked in a technology that ran the risk of becoming obsolete soon.

Wipro has turned its 50-acre campus at Electronic City in Bangalore into a test bed. While 25,000 software engineers write code for Fortune 500 corporations, waste food from the cafeteria turns into methane for lighting burners, harvested rainwater is used to cool air-conditioning towers, a paper pulping plant recycles waste paper into writing pads and a micro windmill lights bulbs along the perimeter of the campus. Wipro’s Sarjapur campus a few kilometres away has India’s largest LED installations — all compact fluorescent lamps have been replaced with LED lights, helping save 75 percent in electricity consumption. Since 2003, Wipro has cut water usage in its offices across India by nearly two-thirds.

Read the full article here

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First a trip to smelly and dirty Chennai, then a trip to equally smelly and extremely dirty pilgrim town called Velankanni (with the famous shrine of Mary) and finally to an extremely clean, cold and windy Hyderabad.

Chennai was sweltering hot, i sweated buckets.  Coupled with that the scarcity of water and a city that is used by its citizens as a garbage dump.  You wonder where the municipal workers of the city are?  If at all they are doing the work.  Whether you are the middle of the city or at the outskirts, one thing that defines Chennai is the consistent crappy smell in the air.  The air stinks in Chennai and uniformly so.  Dont know why and how.  This is in addition to the dirt and filth all around.  Wonder which moron decided to name it a metro.

Velankanni was equally dirty.  For a piligrim town with such a potential for tourism, there are hardly any good lodge/hotels.  The only good ones are the dorms run by the church, but they too offer you rooms for the next day only.  And if you are the ones (like me) who just drop into the town with no reservations, hoping to stay at some hotel, be disappointed with the kinds of rooms you get there.  As for the restaurants, stay away if you dont want to come down with some extreme case of food poisoning or diarrhea.

If you have any plans of going to Velankanni, stay at Nagapattinam, a town near Velankanni.  Take a bus in the morning to Velankanni, see around and come back to Nagapattinam.  This was advised by my friends after i did my trip much to my exasperation.

Took a train from Chennai to Hyderabad.  Was travelling by the Indian Railways after more than 11 years and loved the experience.  Reached Hyderabad early morning around 6am on the 14th (our 1st wedding anniversary).   Was amazed at how clean the city of Hyderabad was at 6 in the morning.   Either the roads were swept clean or at some places the cleaners were hard at work.  Kudos to the Greater Hyderabad Municipal Corporation (GHMC) and the people who work for them for keeping the city reasonably clean.

It was drizzling all through and there was a nice cool breeze.  Loved it. Since we were tired, we preferred to rest.  There was not much celebration for the anniversary as all plans were for wifey’s birthday which was 2 days later on the 16th.  Had a get together at home for friends and family for wifey’s birthday.

Later on in the week, went to the new mall in town, GVK-1.  Good place to hang out, but there was something lacking in the place.  I prefer Hyderabad Central or City Center.  Also the mall is pretty new and the shops are only coming up.  Maybe it will be good once it fills up.

Saw the movie New York.  Not bad i thought.  Better than the crap that Yash Raj is famous for churning out. Saw the movie at the new INOX multiplex at GVK-1.  The seating is good and so is the sound system.

Travelled back to Singapore via Chennai again.  From the superb airport of Hyderabad to a garbage can called Chennai Airport is a perfect example of what the private sector can do to our economy while at the same time, the Chennai airport run by the inefficient babus of Airports Authority of India have really screwed it up.

There were no seats at the international departure.  They simply disappeared.  For someone who’se flight is yet to start check-in, they simply have to stand there waiting for the counters to open.  Can you believe that?  What about the elderly and the people who need to rest?  Have the airport authorities ever thought about their comfort?

And the cafe’s selling stuff in Chennai airport are nothing but daylight robbery.  Tea is sold for Rs 30.  A samosa / aloo bonda costs Rs 60.  Whereas you get a good Cafe Coffee Day coffee at the Hyderabad airport for just Rs 15.

I can go on and on about the pathetic situation at Chennai airport, but its a waste of time.  Its a perfect example of why the airport needs to be handed over to a private player so that they can do a better job of the same.  Anyone with doubts can look at Hyderabad, Bangalore, Delhi and Bombay airports and compare them to the ones run by AAI.  There is simply no comparison.

Back at office and a mountain of work stares me in the face.  Time to get going.

Chennai picture courtesy: I’m seeing green ;  Hyderabad tank bund and NTR gardens picture courtesy: Hyderabad

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Finally a tried and tested person at the helm of such a prestigious project.  Hope he gets the time and space to deliver and is not hounded by petty minded politicians.

Nandan Nilekani resigned as Co-Chairman of Infosys Technologies and its board on Thursday, following his appointment as Chairman of an IT-driven Government program for providing unique identification numbers to citizens of the country.

“The Board of Directors at Infosys has already accepted Nilekani’s resignation. The resignation would be effective from July 9, 2009,” said the company.

Nilekani will take charge as Chairman of the Unique Identification Authority of India with the rank of Cabinet Minister.

As co-founder of India’s second-largest software exporting firm, Nilekani served as director on the Infosys board since its inception in 1981.

Between March 2002 and June 2007, he served as the company’s chief executive officer and managing director. He was later re-designated as Co-Chairman of the Board of Directors.

“We are glad that an extraordinary individual like Nandan has got an opportunity to add value to India through this position. As a company that has always put the interest of society ahead of itself, Infosys will accept his absence with a sense of duty to a larger cause,” Infosys Chairman and Mentor N R Narayana Murthy said.

More here.

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