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Wipro Limited (Western India Products Limited[1]) is an Indian multinational IT Consulting and System Integrationservices company headquartered in Bangalore, Karnataka.[4][5]As of March 2014, the company has 147,452 employees servicing over 900 large enterprise & Fortune 1000 corporations with a presence in 61 countries.[6] On 31 March 2014, its market capitalisation was approximately 1.27 trillion ($20.8 billion), making it one of India's largest publicly traded company and seventh largest IT services firm globally.[7]
To focus on core IT Business, it demerged its non-IT businesses into a separate company named Wipro Enterprises Limited with effect from 31 March 2013.[8] The demerged company offers consumer care, lighting, healthcare and infrastructure engineering and contributed to approx. 10% of the revenues of Wipro Limited in previous financial year.[9][10]Recently Wipro has also identified Brazil, Canada & Australia as rapidly growing markets globally and has committed to strengthen the presence in the respective countries over the next 3 years.
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