From vegetable oil to global IT services

Faced with challenging economic conditions in its key markets of the US and Europe, India’s fourth-largest IT services provider plans to expand its consultancy services business and focus on three technologies.

It all began with vegetable oil. In 1945, in Amalner, a small town in western India, a company called Western India Products Limited was founded.

Today, Wipro Technologies is headquartered in Bangalore, the hub of India’s outsourcing industry. It has more than 130,000 employees, providing IT services and consulting in industries ranging from financial services and retail to transportation and healthcare.

However, concerns about the state of the world’s largest economy and the recession in the Eurozone lasting longer than expected could curb spending on outsourcing services by western clients of Indian companies.

This 5 page special report from Computer Weekly gives you the facts on Wipro, its strategy, products and services and financial performance.