Meets DIC and Wipro officials to discuss ways to proliferate the Indian Information Technology industry in the country
Dubai - On his recent visit to Wipro's office in Dubai Internet City (DIC), the Indian Ambassador to the UAE, H. E. Chandra Mohan Bhandari, praised Wipro for its initiatives to develop the IT industry in Middle East. The senior Indian official was welcomed by Mr. Mohamed S.M Kahoor, Director of Protocol and Customer Service, Dubai Internet City (DIC) and Mr. Raman Sapra, Regional Manager - Middle East, Wipro at the company's office in DIC. Mr. Bhandari had meetings with the company executives to discuss ways to further proliferate the Indian Information Technology industry in UAE.
Speaking on the occasion H.E Chandra Mohan Bhandari said, "Indian IT companies have proved their success at the global stage and organizations like Wipro has been at the forefront of this. DIC is a well-acclaimed international model for the convergence of local and international IT companies on a common platform. With Wipro's initiatives to spur IT development at a local level and DIC's commitment to further encourage growth in UAE's IT industry, there is an enormous opportunity for the two to benefit from each other's global expertise and pave the path for a strong presence of the Indian Information Technology companies in the United Arab Emirates."
Mr. Raman Sapra, Regional Manager, Wipro said, "We thank the Indian embassy for its support to the Indian IT industry here. Middle East is a critical component of our global expansion strategy, as it is a rapidly growing IT services market. We are committed to building a strong business base here. We also thank Dubai Internet City for their support to us and the Indian IT Industry."
"Middle East and India have good cultural affinity. With constant focus on quality and best-practices and with our proven global delivery model we bring customized solutions to our customers in the region, thereby adding value to their business." added Mr. Raman Sapra.
H.E. Ambassador Bhandari welcomed initiatives by Wipro for organizing seminars that would create awareness between the service providers and users and offered partnership of his Embassy or Consulate General of India in Dubai.
With revenues of US$ 1.87 Bn, the NYSE listed Wipro Limited is the leading Indian company in providing IT and consulting services to organizations globally. Wipro had started its operations in Middle East in 2001. Today it has a strong customer base across the Middle East with operations spread across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. Some of Wipro's prestigious customers in the region include Sharjah Electricity and Water Authority, Dubai Metal and Commodity Center, Dubai eGovernment, Qatar Petroleum, Bahraini Saudi Bank, Petroleum Development Oman, Future Communications Company, Kuwait, Doha Bank and Saudi Polyolefin's Company among others.
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About Wipro Limited
Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange, among others.
For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com , and www.wipro.co.in Wipro's forward looking and cautionary statements Forward-looking and cautionary statements Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements.
The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry.
Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
About DIC
Dubai Internet City provides a Knowledge Economy Ecosystem that is designed to support the business development of Information and Communications Technology (ICT) companies. It is the Middle East's biggest IT infrastructure, built inside a free trade zone, and has the largest commercial Internet Protocol Telephony system in the world.
For further information please contact:
Prem Ramachandran
Dhanraj Walvekar
ASDA'A Public Relations
Exclusive affiliate of Edelman PR worldwide
Dubai
UAE
Tel: 00 9714 3344550
Fax: 00 9714 3344556
E-mail: info@asdaa.com
Ali Haidery
Marketing - Middle East
Wipro Infotech
Bangalore
Tel: 91 80 25056475
E-mail: ali.haidery@wipro.com
© Press Release 2005
