Wipro Infrastructure Engineering

Wipro Infrastructure sets up new business division; to invest ₹500 crore

Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Monday announced the launch of a new business division dedicated to manufacturing high-performance base materials for Printed Circuit Boards (PCBs). As part of the new division Wipro Electronic Materials, the company is establishing a Copper Clad Laminate (CCL) manufacturing facility in Karnataka, with an investment of approximately Rs 500 crore, which will create around 350 jobs. The manufacturing plant will produce over 6 million sheets of copper-clad laminates and corresponding pre-impregnated materials, according to a company statement. "Wipro Electronic Materials marks a first-of-its-kind investment in India's electronics manufacturing landscape, made possible through the timely support of the Government of Karnataka and MeitY. "By giving Indian manufacturers reliable access to locally produced, high-quality materials, we are strengthening supply chain resilience and accelerating global

Wipro Infra to acquire majority stake in French aerospace major Lauak Group

Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Wednesday said it will acquire a majority stake in French aircraft parts manufacturer Lauak Group. Lauak Group is a 50-year-old family-owned company supplying aircraft parts to major global aerospace companies. The company, however, did not divulge the quantum of stake and size of the deal. "Wipro Infrastructure Engineering (WIN), a leading global engineering and manufacturing solutions provider and the Charritton Family, founders and current shareholders of Lauak Group, announced today at the Paris Air Show that they have entered into exclusive negotiations for a majority stake acquisition in the company. "The proposed transaction was submitted to the relevant employee representative bodies for consultation, and all necessary approvals have now been received," a company statement said. The transaction is expected to close in the coming months, it said. Lauak Group and Wipro names would be

Wipro names Ranjita Ghosh as global chief marketing officer effective Feb 1

IT company Wipro on Monday said it has appointed Ranjita Ghosh as its new Global Chief Marketing Officer (CMO), effective February 1 next year. Ghosh takes the chair from Laura Langdon, who has decided to explore career opportunities outside Wipro, a company statement said. Previously CMO of Wipro's Asia Pacific, Middle East & Africa (APMEA) strategic market unit, Ghosh will now lead all marketing activities for Wipro across its geographies. She will report to the Chief Strategist & Technology Officer Hari Shetty. With about two decades of experience in the global technology services industry, she has held various roles in sales, business development, growth marketing, buyer experience, and ecosystem partnerships. Additionally, she has managed marketing for several high-value portfolios and led teams across North America, Europe, and Asia-Pacific. Shares of Wipro settled at Rs 307.90 apiece on the BSE on Monday, 0.90 per cent higher than the previous close.

Wipro appoints Srikumar Rao as global head of Engineering Edge biz line

Rao has been with Wipro for 26 years and has grown with the organisation, serving in various leadership roles. He was most recently the chief operating officer (COO) of Wipro Engineering Edge

Wipro Infrastructure Engineering acquires US-based Columbus Hydraulics

Wipro Hydraulics, part of homegrown Wipro Infrastructure Engineering, on Thursday said it has acquired the US-based Columbus Hydraulics to strengthen its presence in North American market. The company did not disclose the transaction value. The entity has been acquired to strengthen presence in the North American market, Wipro Infrastructure Engineering said in a statement. Wipro Infrastructure Engineering said it has acquired 100 stake in Columbus Hydraulics through its hydraulics cylinder manufacturing business Wipro Hydraulics. Post acquisition, Columbus Hydraulics will become a wholly-owned subsidiary of Wipro Infrastructure Engineering. Pratik Kumar, CEO, Wipro Infrastructure Engineering, and Managing Director, Wipro Enterprises, said, "This acquisition strengthens our position and enhances our manufacturing capabilities in North America. By integrating Columbus Hydraulics' expertise in customized hydraulic solutions, we aim to provide even more comprehensive offerings to our

Wipro bags AI deal to transform Nokia's digital workplace services

Wipro said its team will build a "bespoke" artificial intelligence-powered, cloud-based solution for Nokia's workforce of around 86,700 users globally in 130 countries of operations

'Main goal complete with foundational elements', says outgoing Wipro CEO

IT company is seen as a 'transformation partner' by clients and is set for growth, says Thierry Delaporte in farewell email

Wipro aims to become AI-first firm; more than 220K trained in GenAI

Till date, over 220,000 of our employees have completed training on AI fundamentals and the responsible use of AI, said Subha Tatavarti, Chief Technology Officer, Wipro Ltd

IT services companies chase large deals for higher revenue, faster growth

IT companies consider deals at or above $100 million as large deals while deals at or above $500 million are categorised as mega deals

Banking on good monsoon for a better 2nd half in smaller towns: Wipro

Demand perspective for consumer products in the market has improved a little bit but challenges still persist and a good monsoon can help see a better second half of the year in smaller towns and rural areas, said Wipro Consumer Care and Lighting CEO Vineet Agrawal. The company is also not unduly perturbed by the entry of Reliance in the FMCG segment as consumer preferences are very strong in the segment with very strong brand loyalty, said Agrawal who is also the Managing Director of Wipro Enterprises. Growth from smaller towns and rural areas continues to be a challenge for FMCG players, though the situation is improving, he said. From the demand perspective, the market has improved a "little bit but it is still a challenge", Agrawal told PTI. "It's not like the good old pre-Covid era and I think smaller towns and rural areas are still a bit of a challenge but things are improving. Hopefully, if the monsoon is good, we will see a better second half. Fortunately, the cost prices h

Wipro Infrastructure Engineering acquires Pune-based firm- Linecraft.ai

The Linecraft.ai software is built by a team of AI and ML experts and engineers with a patented algorithm

Wipro Lighting, IoT firm Enlighted tie up for smart solutions at workplace

Enlighted's cloud-connected smart sensors, distributed via lighting fixtures and under desks, create infrastructure collecting data about what is happening in the building multiple times per second

Wipro Infra Engineering buys automation firm PARI, aims to go global

The focus will be on engineering, aerospace, railways, hybrid industries like pharma and FMCG

Wipro 3D first Lloyd's Register-certified additive manufacturer in India

The assessment was made against design data development and control, additive manufacturing process and build control, and reception, storage and handling of feedstock, for Wipro 3D's Bengaluru unit

Wipro Aerospace begins work on construction of second plant in Bengaluru

Spread over ten acres, the plant will come up in phases, the company in a release said adding, in the first phase, machining operations will start in the first quarter of 2020

Wipro Infrastructure Engineering partners with Israel Aerospace Industries

Tie-up will set up a manufacturing facility in India to make composite structures for global markets

Wipro Infra Engg to acquired Israel based Givon in all-cash deal

Deal will help acquirer expand product portfolio and global footprint, and strengthen customer ties in Aviation and Aerospace