Things to know about the Western India Products
WIPRO full form is Western India Products. It is an Indian multinational company. WIPRO serves customers in China, India and other countries. They provide IT services and specialise in software development, consulting, engineering design and manufacturing of computers, semiconductors and telecommunications equipment. It was founded by a group of businessmen from the Western India region with $25000 as start-up funds. Wipro derives its name from the word ‘with’ (WI), ‘prosperity’ (PRO) and ‘resistance’ (RIST). The first batch of employees had only 15 employees at that time.
What is Western India Products?
The company is under the ownership of Western India Products Limited and it was founded in 1969. The company started with the help of a group of entrepreneurs who came together with $25000 as start-up funds. They started off as a small Bangalore based outsourced Technology service provider. The founders thought that they would be able to provide better products to the customers who they serve and hence have decided to go all out for technological advancements in various industries. In the initial years, Wipro had to struggle and all their efforts were not paid off.
WIPRO full form is Western India Products. WIPRO was founded in 1969 by eight entrepreneurs from Western India, with $25000 as start-up funds. The company was known as Western India Products, then became WIPRO in 1977 and went public on 22nd June, 1981. It is an Indian multinational corporation that provides IT services and specialises in software development, consulting, engineering design and manufacturing of computers, semiconductors and telecommunication equipment. In the initial years Wipro had to struggle but then all their efforts paid off. In the first 10 years of its establishment, the company only earned $1 million in revenues but then they went on to earn over $11 billion.