Wipro ER&D division to grow by 30% in FY25 ...Middle East

Wipro Engineering Edge, which is India’s fourth largest IT company’s ER&D unit, is expected to get almost $300 million in incremental business in FY25, the executive said, adding that the unit contributed nearly $1 billion, or 10% of the Bengaluru-headquartered company’s $10.8-billion revenue in FY24, at a growth rate of about 9%. To be sure, Wipro reported a 4% decline in annual revenue in FY24, making it the only company in Indian IT’s big four to end the financial year on a revenue decline. Much of ER&D’s $300-million incremental revenue in FY25 will be fuelled by hardware, semiconductors, Industry 4.0, wireless networks and cabling, the executive, who requested not to be na

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Last updated : 27 May 2024 clock 04:56 AM

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Wipro ER&D division to grow by 30% in FY25 ...Middle East

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