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Wipro

Wipro is a major Indian IT services company established in 1980 that was originally founded in 1945 as Western India Vegetable Products focused on edible oils. It shifted to IT in the 1970s-1980s and was an early pioneer marketing India's first homemade PC. It is now headquartered in Bangalore with over 78,000 employees and 300+ customers, including half of Fortune 500 companies. The current chairman and majority owner who has led the company since its inception is Azim Premji.

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160 views

Wipro

Wipro is a major Indian IT services company established in 1980 that was originally founded in 1945 as Western India Vegetable Products focused on edible oils. It shifted to IT in the 1970s-1980s and was an early pioneer marketing India's first homemade PC. It is now headquartered in Bangalore with over 78,000 employees and 300+ customers, including half of Fortune 500 companies. The current chairman and majority owner who has led the company since its inception is Azim Premji.

Uploaded by

Monirul Haque
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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WIPRO is one of the largest IT services companies in India.

Established in 1980 as subsidiary of


WIPRO limited listed on New York Stock Exchange. WIPRO was initially set up in 1945 with
main product of producing sunflower Vanaspati Oil and different soaps. At that time Company
was called Western India Vegetable Products limited with representative offices in Maharashtra
and Madhyapardhesh states of India. During 1970s and 1980s it shifted its focus and begin to
look into business opportunities in IT and computing industry which was at nascent stages in
India at that time. WIPRO was the first company which marketed the first indigenous homemade
PC from India in 1975.

In 1966 Azim Premji, still the majority shareholder in WIPRO, took over as the chairman of the
company at the age of 21 and with the passage of time transformed it into one of the finest and
largest IT outsourcing services provider of the world. It is now considered the world's largest
independent R&D service provider. It offers different technology driven services all over the
globe with 46 development centers. Azim Premji is still the Chairman of the WIPRO along with
other top class professionals heading different wings of the business.
answered 2 years ago

suddu_rao

Wipro Tech is an information technology service company established in India in 1980. It is the
global IT services arm of Wipro Limited (in operation since 1945, incorporated 1946). It is
headquartered in Bangalore and is the third largest IT services company in India[citation
needed]. It has more than 78,000 employees as of September 2007, including its business process
outsourcing (BPO) arm which it acquired in 2002.

Wipro Technologies has over 300 customers across U.S., Europe and Japan including 50 of the
Fortune 500 companies. Some of its customers are Nortel, Boeing, BP, Cisco, Ericsson, IBM,
Microsoft, Prudential, Seagate, Sony, Win driver and ToshibaIt is listed on the New York Stock
Exchange and is part of its TMT (technology media telecom) index testing.
With revenue in the excess of US $3 billion, Wipro is one of India's major IT companies. It has
dedicated development centers and offices across India, Europe, North America, Latin America
and Asia Pacific. The current Chairman, Managing Director and majority stake owner is Azim
Premji, who has headed the software and hardware divisions since Wipro's inception.
Examples of Wipro's product design work include developing an Internet-browsing phone for a
Japanese telecom company in 1998, helping chipmaker Texas Instruments produce digital signal
processing software, and creating an automotive display unit for Italian manufacturer Magneti
Marelli that combined functions including cell phone capability, global position system
technology, a navigation system and a CD player.

Wipro was set up in 1945. Primarily an edible oil factory, the chief products were Sunflower
Vanaspati and 787 laundry soap (a by-product of the Vanaspati operations). The company was
called Western India Vegetable Products Limited; it had a minor presence in Maharashtra and
Madhya Pradesh. In the 1970s and 1980s, it began to expand and made forays into computing. In
1975, Wipro marketed India's first homegrown PC.
Wipro was the sole representative for Sun Microsystems in India, before the Sun liaison office
was set up in India, in the early 1990s.
Wipro is the highest-ranked Indian IT provider by International Association of Outsourcing
Professionals.

Financials
Wipro posted a net profit of Rs. 7.3 billion and growth of 17% in the Q1 2007-08. Staff strength
crossed 73,000.
answered 9 months ago

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