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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.
Older than independent India, Wipro took its first breath in the aftermath of World War II in 1945. From a traditional, family-run business, it grew into a professional, diversified, global corporation, revered the world over for its integrity and purpose.
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The third-largest company in India, Bangalore-based Wipro Limited is an ever-growing and ever-diversifying global company that manufactures and sells products and services ranging from cooking oil and soaps to healthcare instruments and information technology (IT) consulting. Although Wipro's chairman and managing director Azim Hasham Premji is com...
Key Dates:1945:Wipro Limited is incorporated.1947:An oil mill and hydrogenated cooking medium plant is built; Wipro goes public in India, for roughly $30,000.1966:Founder M.H. Hasham Premji dies.Public CompanyIncorporated:1945Employees:12,000Sales:$662 million (2001 est.)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.
Aug 24, 2024 · The company’s initial focus was on producing vegetable oil under the brand name “Sunflower,” which became popular across India. In 1966, following the untimely death of Mohamed Premji, his son Azim Premji took over the reins of the company at the young age of 21.
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Jun 24, 2023 · 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.
