B.K. Syngal

He holds various technical qualifications including B.Tech (Hons.) and M.Tech from IIT, Kharagpur,[7] India, C Eng (UK), M.I.E.E. (UK) and Sr. M.I.E.E. (USA). He is also a member of the London Court of International Arbitration.

One of Mr. Syngal's earliest major accomplishments included assisting ISRO (Indian Space Research Organization) and Department of Space with the launch of their satellite in 1992, when US imposed sanctions prohibiting use of US based facilities of tracking of satellite during the most crucial launch phase. He was instrumental in the award of a major contract for supply of space segment capacity on the Indian INSAT system in 1994-1995.[8]

Under Mr. Syngal's leadership, VSNL‘s gross revenues rose 215 percent from $515 million to $1.6 billion. Stock market capitalisation rose 355 percent, from $0.9 billion to $4.1 billion, profits rose 666 percent, and gross revenue per employee rose 204 percent, switched-voice traffic rose 354 percent, and data traffic rose 1091 percent. Under Mr. Syngal's stewardship, VSNL conceived, planned and executed what was at that time the biggest Global Depository Receipts (GDR) issue out of India and the third largest out of Asia (Excluding Japan). The issue was oversubscribed about ten times.[9]

VSNL rose to become an international company, both in terms of the services it offers and its ownership. Under Mr. Syngal's chairmanship, VSNL also contributed to the explosive growth of India's software industry. The software growth increased from US$60 million in 1991 to US$2 billion in 1997-98. Employment in software sector increased from 40,000 to 6, 00,000 in the same period. In 1998, he and his team of associates joined Reliance, and remained there until his resignation in 2001. During his tenure as Reliance Infocomm chairperson, Syngal told me he was also serving as the president of the Association of Unified Telecom Service Providers of India—one of the telecom industry’s trade associations.[10]

He has written for Business newspapers and Magazines like the Economic Times, Business India. My contributions include "The Chakrarvyu in the Local Loop";[11] Telecommunications as the fourth Dimension of Transportation after Land Sea and Air;[12] Commoditisation of Connectivity.[13] He has been an illustrious Guest and key note speaker at various forums including events at his Alma Mater- IIT Kharagpur and Industry events. He has also been a visiting lecturer at the Indian School of Business, Hyderabad (ISB) on Corporate Governance in the Public Sector.

Syngal has received many industry awards including Telecom Man of the Decade Award by Wisitex Foundation, India, Partners in Progress Award by the Government of Maharashtra for his contributions in telecommunications sec both in India and abroad.[14]

Syngal been the recipient of the Ambrose Fleming Medal for Achievement in Communications conferred by the Institution of Engineering and Technology (IET), UK.[15]

He was also credited with bringing the internet to India in 1995, ahead of any Asian country, with the exception of Japan.[16] He was named one of the '50 stars of Asia' by the Business Week magazine for his contributions and as an Ambassador of Change.[17] He was also honored by his Alma Mater (Indian Institute of Technology Kharagpur) with a life fellowship for his contributions in the field of communications and changing the life of millions by bringing internet and digital connectivity to India.[18]

Some of his other awards given in recognition of his outstanding achievement in the telecom sector include:[19] "Partners in Progress" award, by the Govt. of Maharashtra, "International Excellence Award – 1994" in recognition of his outstanding contributions to the field of telecommunications both in India and abroad.