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Little did either man know that later, in the new millennium, Wipro's value would dwarf Pakistan's gross domestic product. Wipro went public in 1947 for roughly $30,000. Premji continued his political career along with his business in India.
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. [8]
Sep 27, 2023 · During the 1970s Wipro began to investigate new domains of businesses as it did not want to continue what it solely depended on for too long knowing how price-competitive and...
A complete timeline of Wipro Limited's History from founding to present including key milestones and major events.
Wipro Limited was founded in 1945 by Muhammad Premji in Amalner, Maharashtra, India. Originally, it was set up as a vegetable oil company named Western India Palm Refined Oils Limited. In 1966, Azim Premji took over the company's leadership after his father's death.
Aug 18, 2022 · First, a quick recap on Wipro. Mohamed Husein Hasham Premji founded Western India Vegetable Products Ltd on 24 December 1945 in Amalner, a town about 350 km from Bombay, now Mumbai.
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Aug 29, 2020 · Premji took over as the Chairman of Western India Vegetable Products Ltd. (now Wipro) and created a multi-billion-dollar empire by establishing Wipro. It is interesting however that he did complete the Bachelor of Science degree in Electrical Engineering from Stanford University 30 years later.
