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Have local employees to win govt. projects: Premji
By SiliconIndia | Tuesday, 15 December 2009, 19:03 Hrs |
20 Comments
"Of the balance which is overseas, about 28 percent is local. We would like to take that up to at least 50 percent In Saudi Arabia, we are hiring from campuses, including women. Our experience with local women is very good because for them it is a transformation in their lifestyle and they get independence and they get a different status in the family," said Premji.
Wipro seems to be mainly focusing on organic growth rates and organic investments and in the company there is only reasonable activity with regards to merger and acquisition. "Unless we get something which is of major strategic value, we won't rush into it," Premji told the Wall Street Journal in an interview.
About new businesses, Premji said that Wipro is developing eco-energy and said that Wipro could make it a billion dollar business in five years. "We are very uniquely suited (for eco-energy). We have IT technology, we have electronic technology because of our hardware business, we have lighting technology because of our lighting business, we have water technology because of our water business. And we have built a very strong systems integration capability because of our IT business in India. We can make it a billion dollar business in five years," added Premji.
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Reader's comments(20)
1:
I congratulate and wish best luck to Wipro for eco-energy revnture...Just for reference, there is company in USA named "Waste Management Inc." which produces energy from household and indsutrial waste (Garbage). The profile of this company in Yahoo Finance is as below:
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Waste Management, Inc. provides integrated waste management services in North America. The company offers collection, transfer, recycling, disposal, and waste-to-energy services. Its recycling operations include collection and materials processing, plastics and rubber materials recycling, electronics recycling services, and commodities recycling. The company also provides additional waste management services, such as in-plant services, methane gas recovery, and third-party sub-contracted and administrative services. In addition, it rents and services portable restroom facilities to municipalities and commercial customers, as well as provides street and parking lot sweeping services. Further, the company offers portable self-storage, fluorescent lamp recycling services, and healthcare solutions services, as well as provides services on behalf of third parties for construct waste facilities. It serves commercial, industrial, municipal, and residential customers, as well as other waste management companies, electric utilities, and governmental entities. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. The company was incorporated in 1987 and is based in Houston, Texas
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Waste Management, Inc. provides integrated waste management services in North America. The company offers collection, transfer, recycling, disposal, and waste-to-energy services. Its recycling operations include collection and materials processing, plastics and rubber materials recycling, electronics recycling services, and commodities recycling. The company also provides additional waste management services, such as in-plant services, methane gas recovery, and third-party sub-contracted and administrative services. In addition, it rents and services portable restroom facilities to municipalities and commercial customers, as well as provides street and parking lot sweeping services. Further, the company offers portable self-storage, fluorescent lamp recycling services, and healthcare solutions services, as well as provides services on behalf of third parties for construct waste facilities. It serves commercial, industrial, municipal, and residential customers, as well as other waste management companies, electric utilities, and governmental entities. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. The company was incorporated in 1987 and is based in Houston, Texas
Posted by:abcdg
- 18 Dec, 2009
2:
With Wipro harassing employees and employees filing lawsuits, I guess Azim is left with no option other than changing tactics
Posted by:Animesh Saxena
- 16 Dec, 2009
3:
But when is wipro Mysore going to hire its selected candidaeted..I am one among them..
Posted by:shridevi
- 16 Dec, 2009
4:
HAI.........Y u Bother about that.........There r plenty of peoples are like U...........I m very Sorry to say this..Never mind..If u hav talent and Confidence in yourself...U ll get better than that Job.
Hoysala S C Replied to: shridevi
- 19 Dec, 2009
6:
You anyway need local people to interface with local people (public interaction), which is a key requirement in Government Projects. I wonder where is the innovation here? This is just a marketing ploy.
Posted by:SPG
- 15 Dec, 2009
7:
That's innovation in marketing... And btw innovation is not restricted to IT alone :)
Antony Replied to: SPG
- 16 Dec, 2009
8:
i am fully agree with you sir, now let see how he is going to implement it ,as far as premji is concern, he is always known to be doing a very common thing in a uncommon way. all the best to premji and wipro.
sanjib mishra Replied to: SPG
- 16 Dec, 2009
9:
Premji's vision and forethought's are unique to him. When he diversified from Vegetable Oil business to IT in the 80's everyone laughed at him. He proved them wrong. His Business acumen is commendable and this vision is also respected and bound to be successful. He is adding more to our country's growth and prominence in the International scene. Best of luck to him.
Posted by:Radhakrishnan Pattabiraman
- 15 Dec, 2009
10:
I agree With sir..........All the very Best to Mr.Azim Premji..
Hoysala S C Replied to: Radhakrishnan Pattabiraman
- 19 Dec, 2009
11:
Radhaa, i agree..
krishnanRadha Replied to: Radhakrishnan Pattabiraman
- 16 Dec, 2009
12:
Yes the best way to fight frauds, scams and loots. sheeshe se sheesha kato
Posted by:Frasudster
- 15 Dec, 2009
13:
Concept looks to be good but with locals, but you cannot survive due to Indian poor culture.
Thay always expects high, never look at what thay are giving to the organization.
Thay always expects high, never look at what thay are giving to the organization.
CJC CHAKRAVARTHY Replied to: Frasudster
- 16 Dec, 2009
14:
I agree with some of your views Premji.
The government is the most beneficial factor for an entrepreneur. The government has numerous ways to help out the entrepreneur. The most appealing factors are grants, as well as provide free services for initial business start-up. The government knows that entrepreneurs are what make society flourish, and it is their actions and ideas that truly make.
local face always have more knowledge of the local issues.
Dr.A.Jagadeesh Nellore(AP)
The government is the most beneficial factor for an entrepreneur. The government has numerous ways to help out the entrepreneur. The most appealing factors are grants, as well as provide free services for initial business start-up. The government knows that entrepreneurs are what make society flourish, and it is their actions and ideas that truly make.
local face always have more knowledge of the local issues.
Dr.A.Jagadeesh Nellore(AP)
Posted by:Dr.A.Jagadeesh
- 15 Dec, 2009
15:
Do you really think that Premji's belief is genuine ?
Posted by:Ravi
- 15 Dec, 2009
16:
He mite turn out to be another Ramlinga Raju...Hahaha
unknown Replied to: Ravi
- 15 Dec, 2009
18:
This is right way of thinking because local face always have more knowledge of the local issues.
Balu Ram Yadav Replied to: unknown
- 15 Dec, 2009
19:
But i guess his companies don't work on local issues :)
robin Replied to: Balu Ram Yadav
- 15 Dec, 2009
20:
Correct Man, Capitalist Won't work for Public, because he want only highly gaining from Public.
Ethiraj Replied to: robin
- 20 Dec, 2009
Beautiful and dress selection, please go to Dresses
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