WIPRO Full Form: What is the Meaning of WIPRO?

Do you know what is the WIPRO Full Form? The full form of Wipro is Western India Palm Refined Oils Limited. Wipro Limited is an international company its provided services such as Information technology, consultancy, and business process services. In this article, we will discuss the history of Wipro, its mission, and its global presence.

What is the Wipro Full Form?

Wipro Full Form – Western India Palm Refined Oils Limited

Present Wipro Full Form – Western India Products

History of Wipro

Wipro was founded in 1945 by M. H. Premji as Western India Vegetable Products Limited, a manufacturer of vegetable and refined oils. Since then, it has diversified its business and expanded into various sectors, including information technology, consulting, and business process services. The company name was changed to Wipro Products Limited in 1966, and then to Wipro in 1977.

Goals of Wipro

The goal of Wipro is to assist its clients in achieving their business goals by combining process excellence, quality frameworks, and innovative service delivery methods. In other words, the firm aspires to offer top-notch services that aid in the expansion and achievement of its clients’ organisations.

Functions of Wipro

The following are the functions of Wipro:

  • Consulting: Wipro has a team of experienced consultants that help organizations design, implement and optimize their business processes, systems and technologies.
  • IT Services: Wipro provides a comprehensive range of IT services to its clients, including application development and maintenance, infrastructure management, testing services and digital transformation services.
  • Product Engineering: Wipro has expertise in product engineering, which involves designing and developing products for customers in various industries such as automotive, aerospace, and healthcare.
  • Outsourcing: Wipro assists businesses in outsourcing a range of tasks and procedures to cut costs and boost productivity.
  • Research and Development: Wipro has a strong focus on research and development and has several centres dedicated to developing new technologies and solutions for its customers.
  • Business Process Services: Wipro provides a range of business process services, including finance and accounting, supply chain management, and customer service.
WIPRO Full Form

Notable Acquisitions of Wipro

Wipro has made several acquisitions over the years, some of which include:

  • Spectramind (2002): A leading provider of Customer Relationship Management (CRM) and Contact Center services in India.
  • Infocrossing (2007): A US-based IT services and outsourcing company.
  • Cornish & Carey (2009): A UK-based consulting firm.
  • Consumer Care Division of Sarali (2010): Rebranded as Wipro Consumer Care & Lighting.
  • Opus Group (2011): An Australian IT services company.
  • Capgemini Denmark (2012): A Danish IT services company.
  • HealthPlan Services (2015): Provider of technology-enabled services to the health insurance industry in the US.
  • Appirio (2016): A US-based cloud consulting and services company.
  • Vetos Group (2017): Back-office and middle-office solutions provider for the financial services industry.
  • Design and Co. (2018): An Australian Consulting Firm.

Wipro’s Global Presence

Wipro Limited is a global company with a presence in many countries around the world. Almost 160,000 individuals from various racial, ethnic, and professional backgrounds work for the organisation. Clients of Wipro receive a variety of services from the company, including those in the financial, healthcare, manufacturing, and retail sectors. Although Wipro also employs experts in fields like business strategy, sales, and marketing, the majority of its personnel are employed in IT-related positions.

Wipro Awards and Recognitions

Wipro is a global company that offers consulting, business process outsourcing, and IT services. For its efforts in innovation, sustainability, and social responsibility, it has received several awards. The following are a few of the important awards and recognitions Wipro has received:

  • Fortune India 500: Wipro has been acknowledged as one of the top businesses on the Fortune India 500 list, which rates businesses according to their sales, profits, and market value.
  • Forbes Global 2000: According to the Forbes Global 2000 list, Wipro constantly ranks as one of the biggest and most influential public firms in the world.
  • Great Place to Work: Wipro has been recognised by the famous Great Place to Work Institute as the 9th top organization to work for in India during 2020.
  • Corporate Social Responsibility: The Dow Jones Sustainability Index has recognized Wipro’s endeavours in this realm and has positioned it as one of the top global enterprises.
  • Innovation: Wipro has gained recognition for its inventiveness, being honoured with the Information Services Groups Innovation Leader award in 2020.

Other Wipro Full Forms List

TermFull FormCategory
WIPRO Western India Palm Refined Oils Limited Company
WIPROWestern India ProductsCompany Name
WIPROWipro LimitedNSE Company Symbol

FAQs- What is the Wipro Full Form?

Q.1. What is the full form of Wipro?

Ans. Wipro stands for “Western India Palm Refined Oils Limited.”

Q.2. When was Wipro founded?

Ans. Wipro was founded on December 29, 1945.

Q.3. Where is the headquarters of Wipro located?

Ans. The headquarters of Wipro is located in Bengaluru, Karnataka, India.

Q.4. What type of services does Wipro offer?

Ans. Wipro is a global information technology, consulting, and outsourcing company. It offers a wide range of services, including software development, infrastructure management, business process outsourcing, digital strategy consulting, and more.

Q.5. Who is the founder of Wipro?

Ans. Wipro was founded by Mohamed Premji.

Q.6. What is Wipro’s current revenue?

Ans. Wipro’s current revenue is around US $10.888 billion (as of 2022).

Q.7. What is the Wipro Full Form at present?

Ans. At present, the full form of Wipro is Western India Products.

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