Wipro: From a vegetable oil maker to an IT major
Wipro was established by Mohamed Hasham Premji in 1945 as a vegetable oil manufacturer in Amalner, Maharashtra.
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Wipro was established by Mohamed Hasham Premji in 1945 as a vegetable oil manufacturer in Amalner, Maharashtra. It was then known as Western India Products Ltd. Its main area of business was production of sunflower vanaspati oil. Later on, it moved to soaps and other consumer care products.
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In November 2012, the company de-merged its non-IT businesses. The demerger means Wipro will hive off three units — Wipro Consumer Care & Lighting, Wipro Infrastructure Engineering and Medical Diagnostic Product & Services business — into a separate unlisted company called Wipro Enterprises.
