Wipro reverses into the future with plans for US and UK
Indian IT outsourcing company Wipro has used its conference in Bangalore to announce plans to open two more software centres in the US and to create hundreds of jobs in the UK.
The strategy is part of the emerging trend of ‘reverse outsourcing’, characterised by Indian companies such as Tata and Wipro expanding into their customer’s home markets, and also using the economic downturn to snap up European bargains.
Wipro chairman Azim Premji said the company planned to recruit more than 1,000 people in the US to new software development centres in Michigan and Atlanta. He has also said he wishes to make some European acquisitions, potentially starting in Germany.
In the UK, Wipro (which is India’s third largest IT outsourcing provider) plans to create hundreds of new jobs by opening a centre in the South East, and is reportedly considering further centres in the Midlands and Scotland.
Posted by on 03/20 at 04:03 PM
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