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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.
Wipro entered the information technology sector in the early 1980s, launching its first software product, a C-based version of the UNIX operating system, in 1981. The company changed its name to Wipro Limited in 1982.
In 2004, Wipro became the second listed Indian IT company to report annual revenues exceeding US$1 billion. [17] By 2006, approximately 30% of its total revenue came from product engineering R&D services.
Jun 24, 2023 · Wipro was founded on December 29, 1945, by M.H. Hasham Premji, an Indian entrepreneur. The company initially operated under the name Western India Vegetable Products Limited and was based in Amalner, Maharashtra, India. M.H. Hasham Premji, a visionary leader, recognized the potential for growth and diversification beyond the vegetable oil business.
Aug 24, 2024 · 1995: Wipro becomes one of the first companies to achieve SEI CMM Level 5 certification. 2000: Listing on the New York Stock Exchange. 2002: Wipro acquires Spectramind, marking its entry into business process outsourcing.
Apr 25, 2001 · Western India Vegetable Products Ltd. (Wipro Limited) was founded in 1945 by M.H. Premji. The company sold vanaspati solidified sunflower oil to retailers, who sold it in bulk, scooping 50 and 100 grams for customers who brought along their own containers.
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In August 1979, Wipro recruited its first members of the Infotech division. Two months later, Wipro applied for a license to develop, manufacture and market minicomputers.
