Wipro Splits its NON-IT Units, Sets Up Wipro En­ter­prises

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Wipro seg­re­gates its non-IT busi­ness units to fo­cus ex­clu­sively on in­for­ma­tion tech­nol­ogy. It de­merg­ers Wipro Con­sumer Care & Light­ing (in­clud­ing Fur­ni­ture busi­ness), Wipro In­fra­struc­ture En­gi­neer­ing (Hy­draulics & Water busi­nesses), and Med­i­cal Di­ag­nos­tic Prod­uct & Ser­vices busi­ness into a sep­a­rate en­tity ‘Wipro En­ter­prises’. The de­merger would be com­plete in the next fis­cal. A spe­cial com­mit­tee of in­de­pen­dent direc­tors: N Vaghul, Bill Owens, and MK Sharma will over­see the plan­ning and ex­e­cu­tion of the de­merger plan.

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