Processing .....please wait.. 
The article has been forwarded.... 
Have local employees to win govt. projects: Premji
By
SiliconIndia,Tuesday, 15 December 2009, 19:03 Hrs
Mumbai: Wipro Chairman Azim Premji believes that a company should have a local face because 'it is good politics and it is good to be sensitive to the political realities of unemployment'. "With the local face the company can then start bidding for local state government contracts," Premji said in an interview with Wall Street Journal.
"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.
"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.
Don't Miss
Write your comment now
|
Submit your news/press release
Let our editorial department know about any news about your company, your
organization, or yourself, or any press release that you have. If we find it suitable for our audience, we will contact you and make a news. Please
also share any links for the news.
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:
--------------------------------------------- ---------
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
--------------------------------------------- ---------
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
post - 19 Dec, 2009
post - 19 Dec, 2009
5:Forget it
kalan replied to: shridevi
post - 17 Dec, 2009
post - 17 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
post - 16 Dec, 2009
post - 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
post - 16 Dec, 2009
post - 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
post - 19 Dec, 2009
post - 19 Dec, 2009
11:Radhaa, i agree..
krishnanRadha replied to: Radhakrishnan Pattabiraman
post - 16 Dec, 2009
post - 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
post - 16 Dec, 2009
post - 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
post - 15 Dec, 2009
post - 15 Dec, 2009
17: yes Ravi i agree
known replied to: unknown
post - 16 Dec, 2009
post - 16 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
post - 15 Dec, 2009
post - 15 Dec, 2009
19: But i guess his companies don't work on local
issues :)
robin replied to: Balu Ram Yadav
post - 15 Dec, 2009
post - 15 Dec, 2009
20: Correct Man, Capitalist Won't work for
Public, because he want only highly gaining
from Public.
Ethiraj replied to: robin
post - 20 Dec, 2009
post - 20 Dec, 2009
Disclaimer
Messages posted on this Web site under the `Comments' area are solely the opinions of those who have posted them and do not necessarily reflect the opinions of Infoconnect Web Technologies India Pvt Ltd or its site www.siliconindia.com. Gossip, mud slinging and malicious attacks on individuals and organizations are strictly prohibited. Infoconnect Web Technologies India Pvt Ltd can not be held responsible for errors or omissions in content, nor for the authenticity of the user/company name or email addresses associated with posted messages. Infoconnect Web Technologies India Pvt Ltd reserves the right to edit or remove messages containing inappropriate language or any other material that could be construed as libelous, potentially libelous,
or otherwise offensive or inappropriate.Infoconnect Web Technologies India Pvt Ltd do not endorse the products and services or any other offerings mentioned in these messages.
- Software Testing is Dead!!!
- Why is Priyanka Gandhi Liked More than Rahul Gandhi?
- Selective Abortion on the Rise among Indians in North America
- India's Most Wanted: Pak's Political Hero
- 5 Best Android Smartphones Under Rs.10,000
- 28 pct Indians would Go Abroad Even For 10 Pct Hike
- World's Greatest Introverts and Extroverts
Beautiful and dress selection, please go to Dresses
| Plan on visiting the Lotus Temple? Get Great Deals on Delhi Hotels ! |
Buy India Wholesale Products on DHgate.com
SPOTLIGHT
General
28 percent of Indians are ‘very likely’ to take up a full time job overseas for two to three y..
|
|
|
|
|
