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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. [8]
Aug 24, 2024 · Wipro Limited’s history is marked by significant transformations that have shaped its journey from a small vegetable oil manufacturer to a global IT services powerhouse. The company was originally founded as Western India Vegetable Products Limited in 1945 by Mohamed Premji in Amalner, Maharashtra.
In 2019, Rishad succeeded the senior Premji as the Chairman of Wipro Limited. In April 2024, Srini Pallia took the reigns as CEO and Managing Director of Wipro. ‘‘Wipro is an iconic company, with a remarkable and proud history,’’ says Pallia.
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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.)Aug 18, 2022 · Summary. In April 2019, the Indian government earned $165 million when it sold 44.3 million Wipro shares to three state-owned insurance companies. Gift this article. Six companies that...
Oct 24, 2024 · Azim Premji, Indian business entrepreneur who served as chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as a world leader in the software industry. By the early 21st century, Premji had become one of the world’s wealthiest people.
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Jun 19, 2023 · By 1989, Wipro had become a diversified manufacturer of computer systems, consumer products and industrial equipment. As the technology market grew around the world, Wipro continued its moves into IT services and partnerships with leading technology companies.