Wipro gains on winning multi-year IT deal from Marelli

Wipro rose 1.07% to Rs 246.20 after the company on Thursday said it has received a multi-year technology services contract from automotive supplier Marelli.

Marelli is a leading global Tier-1 automotive technology supplier. This partnership will help Marelli to standardize, simplify and further enhance their IT services at a global level and consolidate several current vendors across applications management services & workplace end user services.

As part of this partnership, Wipro will help Marelli by leveraging its global service delivery model and automotive domain expertise and hyper-automation powered by the Wipro HOLMESTM platform.

Vinay Firake, senior vice president - manufacturing business unit, Wipro said, "We are delighted to be selected as Marelli's strategic partner and look forward to supporting them in their challenges. Our strong capabilities, backed by extensive global experience in working with some of the biggest automotive suppliers in the world, will enable us to deliver this high value engagement-for Marelli. This partnership endorses the value we bring to the automotive industry and bears testimony to our growing footprint in Italy and Japan which are strategic markets for us."

Wipro is a global information technology, consulting and business process services company.

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