Wipro Limited has taken a strategic step to bolster its presence in the global IT consulting and services sector by incorporating a new wholly-owned subsidiary, Wipro, Inc., in the United States. Established on September 30, 2024, the subsidiary is designed to leverage opportunities in the information technology landscape, focusing on expanding Wipro’s reach and capabilities in the North American market.
The main objective of this incorporation is to explore and enhance business opportunities in IT consulting and related services. With a fully subscribed shareholding of 100% by Wipro Limited, Wipro, Inc. will operate under the company’s complete ownership and control, aligning with Wipro’s overall strategy to reinforce its global market presence and offer its wide range of IT services to a broader clientele.
Wipro Limited’s decision to form this subsidiary reflects its commitment to growth and innovation. The subsidiary’s focus will remain on advancing Wipro’s core competencies, which include IT consulting, systems integration, digital transformation, and cloud solutions, among other services. The incorporation is expected to support Wipro’s expansion in the competitive US market, allowing for greater flexibility and presence in one of the world’s largest technology markets.
With this new subsidiary, Wipro aims to cater to the evolving needs of its clients and continue building its robust global network in information technology. The move is a significant milestone that aligns with Wipro’s mission to deliver world-class IT services and maintain its position as a leading global technology solutions provider.