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1999
- 1999: Wipro Ltd. became a publicly traded company, listed on the New York Stock Exchange, ensuring a global footprint in the IT industry.
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In the 1980s, recognizing opportunities in computer hardware and software, the company established subsidiaries Wipro Infotech and Wipro Systems. In 1981, Wipro developed the first Indian minicomputer based on the Intel 8086 chip in an IISc lab.
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 · The company was originally founded as Western India Vegetable Products Limited in 1945 by Mohamed Premji in Amalner, Maharashtra. The company’s initial focus was on producing vegetable oil under the brand name “Sunflower,” which became popular across India.
The company's first departure from its main cooking oil business came about in 1975. 1977 But in 1977 the Indian government decided to throw out United States computer giant IBM over a dispute about investment and intellectual property, creating what Premji saw as a golden business opportunity.
- 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...
Apr 3, 2024 · Mohamed Premji, Founder Of Wipro. Founded on December 29, 1945, in Amalner, India, by Indian citizen Mohamed Premji, the company initially operated as the Palm Refinery Oil Company. It began as a manufacturer of vegetable oils and later shifted into consumer goods, lighting, and hydraulic cylinders. - Advertisement -.
Feb 28, 2022 · On October 19, as the company’s chairman Azim Premji rang the opening and closing bells at the NYSE, Wipro became the first Indian IT company and just the third from across sectors to list on the 183-year-old US exchange.
