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CHAPTER-01
INTRODUCTION
During the 1970s and 1980s the company shifted its focus to new opportunities in the IT and
computing industry, which was at a nascent stage in India at the time. On 7 June 1977, the
name of the company changed from Western India Vegetable products Limited, to Wipro
products limited. In 1982, the name was changed again, from Wipro products Limited to
Wipro Limited. In 1999, Wipro was listed on the new York stock Exchange. In 2004, Wipro
became the second Indian IT company to earn US$1 billion in annual revenue.
In 2012, Wipro demerged its non-IT businesses into a separate company called Wipro
Enterprises. Prior to this demerger, these businesses, mainly in the consumer care, lighting,
furniture, hydraulics, water treatment, and medical diagnostics, contributed about 10% of ``
Wipro’s total revenues.
In March 2023, Wipro opened its American International headquarters at tower center in East
Brunswick.
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ORGANIZATION ANALYSIS OF “WIPRO”
The
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company was called western India products limited, with a modest presence in Maharashtra
and Madhya Pradesh. In the 1970s Wipro embarked on an ambitious phase of expansion and
diversification. It was in the early eighties that Wipro made it’s foray into the consumer care
products. Wipro, an organization which gives prominent importance to adopting technologies
to suit the environment in which it carries on it’s business. Inspiration, experimenting and
converting ideas into reality has been the culture of Wipro which results in getting the best
out put. Wipro has laid great emphasis on Quality and Research by undertaking Six Sigma
projects. Wipro gives prior importance to the customer than organization with a human facer
mains unchanged over a period of time. Azim H Premji who is awarded as “Best ethical
person” started the organization with Vanaspati production and followed by Toilet soap
manufacturing unit. Wipro consumer care and lighting has a profitable presence in the
branded retail market of toilet soaps, hair care soaps, baby care products and lighting
products. It is also a leader in institutional lighting in specified segments like software,
pharma and retail. They have been one of the fastest growing FMCG companies as reflected
by the organizational performance in the last three years. They have grown both organically
and through acquisitions. Their growth has been lead by growth in toilet soaps (led by
Santoor), domestic and institutional lighting and their recent foray into modular furniture.
They have also gained from new launches in fabric wash and the wellness segment. In India,
the growth rates of the segments they operate in have averaged around 14%,while they have
grown at twice the market growth rates in the last three years.
Timeline:
Wipro Limited was incorporated in 1945 and commenced it’s operations in 1946. Significant
milestones are:
1945: Incorporation of Western India vegetable products Limited.
1947: An Oil mill and hydrogenated cooking medium plant was set up.
1966: Azim Premji takes over the leadership of Wipro at 21 years.
1975: Wipro Fluid power plant was setup to manufacture hydraulic and pneumatic cylinders.
1977: Name of the Company changed to Wipro Products Limited.
1980: Information technology services for domestic market started.
1981: Hardware Company is launched.
1982: Name of the company changed to Wipro Limited.
1984: Software products subsidiary Wipro systems Limited was established.
1985: Toilet soaps manufacture begins.
1988: Wipro BioMed, a new business unit to market and service bioanalytical and diagnostic
instruments is launched.
1989: Joint venture with GE of United States for medical systems, Wipro GE Medical systems
Limited.
1990: Product software business discontinued software services begin.
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1992: Lighting business and finance arm is established.
1994: Merger of subsidiaries Wipro technologies Limited and Wipro systems Limited with
Wipro Limited.
1998: Relaunch of Wipro identity with Rainbow flower and positioning statement, “Applying
thought”.
1999: Wipro Net set up by restructuring Wipro Limited’s communication services business to
address the internet market.
2000: Six Sigma initiatives begun
2001: Wipro becomes world’s first P-CMM level 5 company.
2002: Wipro becomes CMM.
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CHAPTER-02
Objectives
* To study the growth and performance of the IT sector.
* To know the organization aspects of Wipro Ltd.
* To know about performance of Wipro Ltd.
* To identify the SWOT.
Need and Significance
The study enable us to have access to various facts of the organization. It helps in
understanding the needs for the importance and advantage of materials in the organization,
the study also helps to exposure our minds to the integrated materials management the
various procedures, methods and technique adopted by the organization. The study provides
knowledge about how the theoretical aspects are put in the organization.
Research inculcates scientific and inductive thinking and it promotes the development of
logical habits of thinking and organization. Research as an aid to economic policy, has gained
added importance, both for government and business.
Methodology
The data collected for this project has been taken from the secondary sources like:
* Websites
* Magazines
* Journals
Wipro technologies in the global IT services business division of Wipro Limited working in
over twenty offices around the world, Wipro technologies use powerful technologies to
provide services for business transformation and product realization as well as complete
solutions for the service provider makes.
2) Wipro Infotech:
Wipro Infotech is a division of Wipro Limited and provides customers with high value
information technology solution, infrastructure services and platforms in India and is all said
to offer high end technology services and solutions for the Asia, Pacific and Middle East
Markets.
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3) Wipro consumer care and lighting:
Wipro consumer care and lighting is the FMCG arm of Wipro Limited which continuously
introduces innovative products and adds value to the existing brands, each of which is the
promise of good health and value for money. Its brands include Santoor, Wipro Shikakai,
Wipro Active and Wipro baby soft.
4) Wipro Fluid power Limited:
Wipro infrastructure engineering (formally Wipro fluid power) was the Wipro’s first
diversification in 1975 to address the hydraulic equipment requirements of mobile original
equipment manufacturers in India. Over the past 25 years, the Wipro Fluid Power business
unit has become a leader in the hydraulic cylinders and truck tipping systems market in India.
Wipro Fluid Power intends growing it’s business by leveraging its dominant market share in
India to serve the global manufacturing requirements of hydraulic cylinders and truck tippers.
5) Wipro GE Medical systems limited:
Wipro GE Medical systems are a joint venture between Wipro and General electric
Company. A part of GE Medical systems in South Asia, it caters to customer and patient
needs with a commitment to uncompromising quality. Wipro GE is the market leader with
unmatched distribution and service reach in South Asia and is India’s largest exporter of
medical systems. Wipro GE pioneered the manufacturing of ultrasound and computed to
myography systems in India and is a superior for all GEmedical system’s products and
services in South Asia.
6) Wipro e Peripherals (WeP) Limited:
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CHAPTER-03
Company Profile:
Wipro is an integrated corporation that offers a diverse range of products, solutions and
services in systems, software, consumer care, healthcare, lighting and infrastructure
technology. We are driven by our passion for quality and our commitment to customers. This
drive has catapulted us among the ten most admired companies in India. Through constant
innovation and a people-first attitude, we strive to assume leadership positions in all our
businesses in the new millennium.
Wipro Consumer Care and Lighting is among the fastest growing FMCG businesses in its
operating geographies of Asia the Middle East and Africa, with revenues of over Rs.7700
Crore. Its businesses include personal wash products, skincare products, male grooming
products, toiletries, wellness products, household products, electrical wire devices, domestic
and commercial Lighting and modular office furniture. It has a strong brand presence with
significant market share across segments in India, South East Asia, East Asia, Africa and the
Middle East.
The acquisitions of Unza, Yardley, LD Wax sons and Ma Er – over the years have given
Wipro Consumer Care a global footprint. Its portfolio includes a range of anti-germ, anti-
bacterial and anti-virus products in sanitizers, handwash, soaps, liquid detergents and surface
and floor cleaners. These products are available in India, Asia and Africa markets. Wipro
Consumer Care’s key brands include Santoor (a toilet soap brand with extensions in personal
care), Chandrika (an ayurvedic toilet soap brand), Max keen (a germ kill surface and floor
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cleaner
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brand) Giffy (a dishwash and vegetable wash brand), Enchanter (a female toiletry brand),
Safi (a Halal toiletry brand), Aiken (an antibacterial brand), Romano (a male toiletry brand),
Bio Essence (a Skincare brand), Yardley (a luxury toiletry brand), Carrie (a Kids and baby
toiletry brand), Pahnli (a household care brand) and Garnet (a LED lighting brand). In May
2019, Wipro Consumer Care & Lighting announced the acquisition of Splash Corporation in
Philippines, expanding its presence in South East Asia. Key brands of Splash are Hygienic,
Skin White, Maxi Peel and Victress. In December 2019, Wipro Consumer Care acquired Can
way Group a South African personal care Company. Can way’s popular brands include, Oh
So Heavenly, Iwobi and IQ.
Founder
Azim H. Premji
Board of directors
* Azim H. Premji – chairman
* Dr Ashok S Ganguly – Founder Chief ex. Officer
* B.C. Prabhakar- Practitioner of law
* N. Vagal – Chairman- ICICI Bank Ltd.
* Bill Owner- Former Chief ex. Officer
* P.M. Simba – Former Chairman PepsiCo India Holdings.
Board Governance and Compensation committee.
* Ashok Ganguly- Chairman
* N Vaghul – Member
* P M Sinha- Member
Audit Committee:
* N Vagual – Chairman
* P M Sinha – Member
Shareholders Grievance & Administrative Committee:
* B C Prabhakar – Chairman
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* Azim H Premji – Member
History of Wipro Limited
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family now became a highly professional one, leaving Azim Premji as the only one in the
family working at Wipro—a characteristic that still would hold true decades later.
Going High-Tech: Mid-1970s to Late1980s
The company's first departure from its main cooking oil business came about in 1975.
Drawing Azim Premji's his engineering background, and at the suggestion of one of the new
IIM recruits,
M. Seetha pathy Rao, Premji launched Wipro Fluid Power, an operation that manufactured
hydraulic and pneumatic cylinders. And under the direction of P.S. Pai, Wipro's consumer
care division expanded beyond oil in 1979, establishing operations in soaps, toiletries, and
baby care products. Along with major expansions in distribution, Wipro's consumer care
division gained so much financial strength for the company that the company was able to
further diversify into IT and healthcare instruments.
In 1980 Wipro launched information technology services for the domestic market, setting up
in Bangalore a crack-team of R&D and marketing managers, headed by Ashok Narasimhan.
Their professionalism, innovation and insistence on quality were to make Wipro the No. 1
listed information technology company in the country within the next 15 years. By 1984 the
company diversified into software, which it would discontinue by 1990, but it led to Wipro's
foray into its growth business, software services. Wipro began manufacturing PCs and
workstations in 1985, quickly building brand recognition and securing the enviable position
of commanding a premium price over the competitions' cheap clones. Wipro assembled and
redistributed hardware for U.S. companies like Nortel, Sun Microsystems, and Cisco
Systems.
Rapid Growth and Expansion in the 1990s
India's software industry continued to take off throughout the nineties, at a compounded
annual rate of nearly 60 percent for most of the decade. India quickly became the third-largest
supplier of IT labor, and its communications infrastructure rapidly improved. Part of this
growth was driven by a growing number of U.S. corporations that began to tap into the cheap
IT labor market in India, often for 40 percent to 60 percent less than the cost of U.S. labor. As
a result, Wipro typically contracted out teams of engineers to work at U.S.-based companies.
As successful as this model was, it could not be counted on to last, due to mounting
competition and Wipro's growing need to offer more sophisticated technology solutions.
Wipro began to shift its IT business away from costly on-site development projects in the
United States, to more profitable offshore development closer to home. To help keep its
competitive edge, the company replicated the development labs of some of its major clients,
including AT&T, IBM, and Intel Corporation. And while Wipro continued to offer a range of
programming services, including hardware design, networking, and communications and
operating system support—it continued to diversify into other lines of business. In 1992 the
company established a new lighting business, offering a range of lighting solutions for
domestic, commercial, industrial, and pharmaceutical lab environments. Wipro discarded its
PC brand in 1995 when it formed a joint venture with Acer, a Taiwan-based computer and
peripherals manufacturer and distributor.
Wipro proved to be a nimble and formidable competitor throughout the nineties. From 1991
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to 1997, for example, Wipro went through six corporate restructurings, keeping the company
ready to adapt to the constantly changing technological landscape. By September of 2000
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Wipro's technologies division completed what may have been the most significant
restructuring effort, re-engineering the division's operations toward four major market
sectors: content housing platforms (computers and Web servers), content transportation
(networking media), content access devices (mobile phones, PCs, etc.), and service providers.
And even its Six Sigma quality initiative, which aimed to reduce the defect rate to virtually
nothing, already led to an eightfold gain over the investments in its first 20 months, which
began in 1997. Wipro projected that it would apply the Six Sigma concept, allowing a
maximum of 3.4 mistakes for every one million opportunities for error, to every key process
by 2002.
Going Global in the 21st Century
Wipro seemed to have survived the effects of the U.S. economic slowdown of 2000, with
massive layoffs and profit warnings, and raced ahead in 2001 amid its own soaring growth
rates and a huge expansion in its operating margins. Given that 60 percent of India's IT-
related services and software exports were tied to the U.S., Wipro's unscathed emergence was
remarkable. By the end of March 2001, the company's net income hit a record $138 million
(up 106 percent from the previous year), and operating margins grew from 18 to 24 percent
that same year. While revenues from U.S. clients declined to 64 percent from 70 percent,
revenues from Europe climbed from 24 percent to 29 percent, and revenues from Japan did
the same from 5 to 6 percent. With a fleet of 150 Japanese-speaking engineers, and some 800
engineers dedicated to Japanese customers including Fujitsu, NEC, Daiwa, Sony, Toshiba,
and NTT DoCoMo, Wipro's Japanese business promised to grow along with other continued
investments in a diversified customer base. Wipro decided to set up an Asia-Pacific regional
base in Singapore in 2001. By this time, Wipro had a total of 209 active clients, the top five
of whom were: Fiber-optic network equipment major Nortel Networks; British gas transport
firm Transco; U.S. conglomerate GE; telecom equipment manufacturer Lucent Technologies;
and French telecom equipment maker Alcatel.
Along with diversifying its customer base, Wipro set out to expand and deepen its IT service
offerings and become a global tech powerhouse that directly competes with giants such as
IBM Global Consulting, Accenture, and Electronic Data Service. Even though Wipro came
out of 2000 quite well, India's IT industry quickly became flanked with growing competition
from countries such as Ireland, China, Vietnam, and the Philippines. And even though 60
percent of Indian software exports were absorbed by businesses in the U.S. in 1999, that
accounted for only 2 percent of the global total.
Location
WIPRO LIMITED's Corporate Identification Number (CIN) is L32102KA1945PLC020800.
You can contact them by sending an email to sanaulla.khan@wipro.com or visit them at their
registered address DODDAKANNELLI, SARJAPUR ROAD, BANGALORE-35
BANGALORE KA IN 560035
Vision, Mission
Winning is about making customers successful. Winning is about making all stakeholders
successful. In business, Winning is not about ‘Winning against’ but its ‘Winning With’.
Intensity to Win is the burning desire to stretch and challenge our limits. It is the desire to
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WIPRO R&D
Wipro Consumer Care & Lighting continues to believe that investments in Research &
Development are a key drive of innovation and a major source of competitive advantage for
our personal care and home care product categories.
The business now has 10 R&D laboratories across India, Malaysia, Vietnam, China,
Indonesia, Philippines & South Africa – supporting the innovation agenda and product
development needs of our business. The Wipro Research and Innovation Centre at Malaysia
(inaugurated in 2013) works on advanced research projects in Skincare, Body care and Hair
Care categories.
We give below details of our lead R&D set-ups, which are in India and
Malaysia. Wipro Research & Development Centre, Malaysia
The research centre, with a built-up area of approx. 19,300 sq. feet, houses research and
formulating scientists from diverse science disciplines to develop cutting edge skincare, body
care and haircare products.
This Centre is also the World’s largest and most advanced Halal Skincare R&D facility,
supported by a strong base of fundamental and applied research activities. In March 2018 the
Centre added the Safi Experience Centre for Consumers to interact, discover and experience
first-hand the Halal and Science based innovations of our facility.
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Range of products:
* Santoor Glauconite
* Santoor Talc
* Santoor Hand Wash
* Santoor Facewash
* Santoor Deo
* Chandrika Wipro Baby Soft
* Chandrika Hand Wash
* Yardley
* Sunflower Vanaspati
Product/Services Profile
TUMKUR FACTORY Activities of Tumkur factory:
The Tumkur Factory manufactures the following products:
1. Toilet soaps.
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Wipro consumer care business offers established brands addressing consumer needs in
personal care, toiletries, and baby care and lighting categories. The product includes Santoor
brand of soap and talc, Wipro Shikakai soap, milk and roses soap, Wipro baby soft range,
Wipro active talc, Wipro brand domestic lighting, commercial and institutional lighting.
Table showing Wipro Products
Soaps Toiletries Lighting
Santoor Santoor talc Blubs
Wipro shikakai Fairness cream FTL
Wipro Active Wipro Active C&I
Milk & Roses Talc WBS Baby Lighting
Soap segment:
Roughly 50% of Wipro’s consumer care business comes from the toilet soap category. Where
it’s biggest brand till date Santoor, holds way. Wipro’s share in the national toilet soap
market is just 4.6% reflecting it’s skewed regional character in the FMCG sector. For
instance, Wipro through Santoor is the leading soap market in Andhra pradesh with 18% of
market share. Chandrika enjoys strong equity in South India. The market for Ayurvedically
and Herbal products is growing and Chandrika though not as large a brand as the Medi mix is
poised to take advantage of it. If the company wills it Chandrika, though not as well
distributed in up country markets, like Jeeva from Jyothi labs and Medi mix has good brand
properties which Wipro can build. Wipro is extending milk and roses not only to sell in
Punjab, to other states in the north. Wipro baby soft soap, pitted against global Johnson and
Johnson accounts for 30% share at the segment in Andhra Pradesh.
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1. L’oreal
2. 2 Unilever
3. HUL
4. Godrej consumer products
5. Johnson & Johnson
6. Revlon
7. Coty
8. P & G
9. Colgate- Palmolive and
10. Nestle.
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Achievements/Awards
Wipro has made a name for itself as a company providing reliable services world wide. The
technological expertise and service skills exhibited by Wipro have been appreciated by its list
of clients scaling various industry sectors. The media has been quick to document the
impressive work, milestones and awards achieved by Wipro.
Wipro only Indian company in the business week’s IN25 “Champions of Innovation”
list. Wipro BPO receives prestigious “Outsourcing Excellence Award”.
Named India times ‘BPO Company for the year.’
Only Indian company to be ranked among the Top 10 Global Outsourcing providers in the
IAOP – Fortune Global 100 listings.
NASSCOM congratulates Wipro Technologies as show case company for IT innovation in
India 2005.
Global Make 2005 Award; Most admired knowledge Enterprise Study: Telcos Oct 2005.
Wipro’s Gurgaon development centre awarded platinum rating: US Green Building Council,
sept.2005
Wipro among World’s 400 best big companies: Forbes, Sep 2004.
Among 10 outsourcing vendors in US: META Group, June 2004.
Ranked 7th amongst software services companies in the world (Business week InfoTech 100,
November 2002).
Among the Top 5 IT companies base on equity (Business week, InfoTech 100, June 2002).
India’s most valuable company (Business today, October 2001).
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ORGANIZATION ANALYSIS OF “WIPRO”
Part of TMT (Technology -Media -Telecom) Index of the New York Stock Exchange.
Top 3 employees in Indian IT -data quest 2002.
Business innovation award for off shore development. (Electronic and software export
Promotion council, 1993).
Corporate audit function: commitment to quality improvement award(Institute of internal
auditors).
“Bravo! Partner of the year” award from Best By. (Best buy recognizes Wipro as their best
IS partner for the year 2002).
Spectra mind awarded the first runner’s up for excellence in innovative HR practices in a
survey organized by Watson Wyatt and Delhi Management Association, October 2002).
KM World’s km Reality award for 2002 in recognition of Wipro’s knowledge management
practices and processes.
IEEE Award for software process Excellence First Company outside of US to be conferred
this honour.
ITSMA Award for services Marketing Excellence Integrated lead Generation program
conferred top honours.
IDC CMO Best Practices Award for marketing measurement and metrics.
Top company for leaders in Asia Pacific-2003 in Hewitt Survey.
The golden web Awards 2003-2004 for the Wipro website: www.wipro.com
Ultra web level 3 Award for the Wipro Website, February 2003: www.wipro.com
K2 excellence Silver Award, February 2003: www.wipro.com
work Flow model
The internal operations of the Factory are divided into the following five primary functions.
1. Commercial - Material and Distribution, Planning, Procurement, Inspection, Storage and
Distribution.
2. Manufacturing.
treatment. 4.Engineering.
5.Accounts, Personnel, Boiler and Utilities.
Future growth and prospects
The objective of Wipro is to be a world leader in providing a comprehensive range of IT
services to their clients. The markets are undergoing rapid change due to the pace of
development in technology, changes in models and changes in the sourcing strategies of
clients.
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MARKETING STRATEGY ›SERVICES ›
Wipro Marketing Strategy & Marketing Mix (4Ps)
Here is the marketing strategy of Wipro which analyses the brand with the marketing mix
framework which covers the 4Ps (Product, Price, Place, Promotion).
Wipro Product Strategy:
The product strategy and mix in Wipro marketing strategy can be explained as follows:
Wipro is one of the biggest companies in India with widespread services. Wipro being a
global IT player combines the business knowledge and industry expertise and technical
knowledge and implementation skills to ultimately design their products and solutions to
make their clients satisfied in the outmost level. Although Wipro being one of the largest
conglomerate in India is present in myriad of businesses spreading across various sectors,
their primary product width in their marketing mix includes Aerospace, Automotive,
Consumer goods, energy, healthcare, insurance, media, retail, professional services,
Analytics, Business processes, Cloud computing, consulting, Information management,
infrastructure services, Internet of things, product engineering and many more. Wipro work
on various technologies like Java, SAP, Dot Net, Agile, Python which gives competitive
advantage to their client with their services.
Wipro Price/Pricing Strategy:
Below is the pricing strategy in Wipro marketing strategy:
Wipro’s products and services pricing policies in its marketing mix is as widespread as its
offerings. Wipro manufactures various consumer goods like LED Bulbs, emergency lights,
iron, incandescent lights in the retail segment.
Such products are priced in nominal range. The above referred products are primarily
catering to the B2C segment just like in Fast Moving Consumer Goods market. In the B2B
segment, which caters to the largest market for Wipro primarily includes Information
Technology and Services. Price effectiveness is a major concern in such a segment where
competition in the market decides the price. For IT service projects like SAP Implementation
and services, JAVA development, Wipro quotes price of projects which tends to be lower
than MNCs like Accenture, Oracle, Capgemini but higher than those quoted by national
players like Infosys, Tech Mahindra, Cognizant Technologies Solutions.
Wipro Place & Distribution Strategy:
Following is the distribution strategy in the Wipro marketing mix:
Wipro is one of the leading companies with a huge geographic reach. Products of FMCG
sector pertaining to the consumer goods are easily available in any retail store across India.
Wipro has a vast distribution and retail network both in rural and in the urban area. This helps
them to leverage the benefit for making greater sales and earn revenues. Wipro’s offices are
located across all major cities in India and also in the offshore areas. The sales persons can be
easily reached out by any customer or business enterprise to make arrangements of future
deals. Also, due to the outsourcing of technology or services across various continents it has
become very easy to reach out to Wipro about any project.
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Bibliography
* www.wipro.com
* www.scribd.com
* www.slideshare.com
* www.studocu.com
* www.en.wikipedia.org
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