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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.
- 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 · 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 -
Jun 24, 2023 · In 1977, Wipro underwent a significant transformation and changed its name from Western India Vegetable Products Limited to Wipro Products Limited. This shift in identity signified the company’s commitment to embracing technology-driven solutions and venturing into the realm of IT services.
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.
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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.
