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The company was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Products Limited, a manufacturer of cooking oils. [5][6][7] In 1966, after Hasham Premji's death, his son Azim Premji dropped out of Stanford University and took over as chairperson at age 21.
As the technology market grew around the world, Wipro dove deeply into IT services and partnerships with leading technology companies. In 1996, Wipro shifted its base to Bangalore, where our Headquarters remain today. In 2000, Wipro grows to a one billion-dollar company and is listed on the New York Stock Exchange.
Aug 24, 2024 · Wipro Limited’s history is marked by significant transformations that have shaped its journey from a small vegetable oil manufacturer to a global IT services powerhouse. The company was originally founded as Western India Vegetable Products Limited in 1945 by Mohamed Premji in Amalner, Maharashtra.
- The Roots
- The Passionate Successor
- The Opportunity
- The Growth of Wipro
- In His Words…
1945 – M.H. Hasham Premji founded the Western India Vegetable Products Ltd., which was incorporated on December 29, at Amalner, Maharashtra. The firm went for an IPO in 1946.The Company manufactured vegetable ghee, vanaspati, refined oil, soap, wax, and tin containers for packing, crushing, oil mining and trading, and manufacturing fluid power prod...
He was only 21, Azim Premjidropped out of Stanford University and returned to India to take charge of the business, owing to the sudden demise of his father. The world wouldn’t have thought that this young leader’s vision will turn the oil manufacturing unit into an IT Giant. Source: India Today The Company’s departure from cooking oil could be wit...
1977 witnessed the exiting of the US IT giant IBM after a dispute with the then Government. Premji couldn’t resist but treat this as a golden opportunity and started venturing into the IT Industry in the 1980s.The company started with manufacturing microcomputers under a technology-sharing agreement with US-based Sentinel Computers and soon started...
The young man developed a series of ventures in the late 1900s, reflected in the timeline below; 1983Manufacturing plant at Tumkur for the production of hydraulic tipping system. 1985Began manufacturing PCs and Workstations. 1987 A Tulsi-based family soap ‘Ralak’ and a toilet soap ‘Wipro Jasmine’ were launched. 1989 Established a joint venture with...
“Many people advised me to take up a nice, cushy job rather than face the challenges of running a hydrogenated oil business. Looking back, I am glad I decided to take charge instead. Essentially, leadership begins from within. It is a small voice that tells you where to go when you feel lost. If you believe in that voice, you believe in yourself. W...
Jun 24, 2023 · Today, Wipro is known for its innovative solutions, client-centric approach, and commitment to driving digital transformation for businesses worldwide. Foundation and Founders. M.H. Hasham Premji and Azim Premji. Wipro was founded on December 29, 1945, by M.H. Hasham Premji, an Indian entrepreneur.
Jun 19, 2023 · The company recruited its first members of the Infotech division in 1977, applying for a license to develop, manufacture and market minicomputers two months later. By 1989, Wipro had become a diversified manufacturer of computer systems, consumer products and industrial equipment.
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Recently, Wipro's Executive Team spent a day in Bangalore visiting some of the communities and schools the Azim Premji Foundation supports. Know about Wipro and how its transformative solutions and services are empowering enterprises across the globe.
