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Indian conglomerate Not to be confused with Wipro.
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Wipro Enterprises Private Limited
FormerlyWestern India Products
Company typePrivate
FoundedDecember 29, 1945; 78 years ago (1945-12-29)
FounderAzim Premji
HeadquartersBangalore, Karnataka, India
Area servedWorldwide
Key people
  • Azim Premji (Chairman)
  • Vineet Agrawal (CEO-Consumer Care & Lighting)
  • Pratik Kumar (CEO-Infrastructure Engineering)
RevenueIncrease ₹15,407 crore (US$1.8 billion) (FY23)
Net incomeIncrease ₹1,410 crore (US$170 million) (FY23)
Number of employees15,000 (2022)
SubsidiariesSplash Corporation (Philippines)
Canway Corporation (South Africa)
Websitewiproenterprises.com

Wipro Enterprises Private Limited is an Indian multinational company whose main activities are in the fast-moving consumer goods, lighting, hydraulic cylinders, industrial automation, 3D printing and aerospace component manufacturing and industrial water treatment business. It is almost entirely owned by Azim Premji, his associates, and charitable associations. The company was founded in 2012 as a spin-off of Wipro Limited's non-IT businesses.

Subsidiaries

Wipro Consumer Care and Lighting

Wipro Consumer Care and Lighting (WCCLG) caters to the fast-moving consumer goods (FMCG) segment dealing in personal care, home care, lighting and seating. Established as Western India Vegetable Products in 1945, its first product was vegetable oil, later sold under the brand name "Sunflower Vanaspati." Later the company also launched laundry bars under the brand name "787". It has gone on to sell personal care products like Santoor, Chandrika, Aramusk and Yardley, which are its toilet soap brands. It also owns the Wipro Safewash, Softouch, Maxkleen and Giffy range of home care products. The firm also sells lighting products that include Garnet LED lights. and Smartlite CFL. Santoor is among the largest selling soap brands in South India.

In 2023, Wipro Consumer Care and Lighting reached the milestone of ₹10,000 crore (US$1.2 billion) in revenue.

Mergers and acquisitions – Consumer Care Business

  • 2003 – Glucovita brand from Hindustan Lever.
  • 2004 – Chandrika Soap
  • 2006 – Northwest Switches for ₹102.2 crore.
  • 2007 – Singapore-based Unza Holdings for ₹1,010 crore.
  • 2009 – Yardley India and Middle East business (undisclosed sum).
  • 2011 – Aramusk
  • 2011 – Yardley global business
  • 2013 – L D Waxsons, Singapore Rs.790 crore
  • 2016 – Zhongshan Ma Er, China
  • 2019 – Splash Corporation, Philippines
  • 2019 – Canway Corporation, South Africa
  • 2022 – Nirapara

Wipro Consumer Care Ventures

In September 2019, Wipro Consumer Care and Lighting launched Wipro Consumer Care Ventures, a venture fund to invest in startups in India and Southeast Asia. The company has invested in 7 companies in India including a few D2C brands. In March 2022, Consumer Care Ventures invested in a Singapore-based VC fund.

Wipro Infrastructure Engineering (WIN)

Wipro Infrastructure Engineering is the hydraulics business division of the firm and has been in the business of manufacturing hydraulic cylinders, truck cylinders, and their components since being established in 1976 as part of Wipro. It also includes the company's industrial water treatment business. This division delivers hydraulic cylinders to international OEMs .

In 2006, Sweden-based Hydrauto Group AB was acquired by Hydraulics business for ₹142.6 crore.

In 2011 acquired Brazil-based hydraulic cylinder manufacturer RKM Equipamentos Hidraulicos. In the same year entered a joint venture with Kawasaki Precision Machinery Pvt. Ltd. to manufacture hydraulic pumps for excavators in 2011.

2013 SC Hervil SA in Romania was acquired.

In 2016 the business acquired Israel-based Gijon HR in Aerospace business. In 2021, the Aerospace business set up a new manufacturing facility in Bengaluru.

2017 – tied up with Israel Aerospace Industries to manufacture composite aerostructure parts and assemblies.

Wipro 3D, which is also a part of Wipro Infrastructure Engineering, is India's largest fully integrated metal additive manufacturing facility.

In 2018, WIN set up Industrial Automation business as a new venture. The business acquired Incite Cam's automation business in 2019 In 2020 the business acquired Pune-based Precision Automation and Robotics India (PARI).

Social initiatives

In 2020, during the pandemic, Wipro Enterprises along with Wipro Limited and the Azim Premji Foundation committed Rs 1,125 crore to tackle the coronavirus crisis.

Wipro Enterprises’ Santoor Scholarship Program contributes to girl education among the underprivileged in Karnataka, Telangana and Andhra Pradesh.

Wipro Cares is the social contribution arm of Wipro Enterprises. It is engaged in areas such as education, primary healthcare, environment and disaster rehabilitation.

Awards and recognition

In 2010, Wipro Lighting won Design for Asia award in the product design category for its LED streetlights.

In 2016, Wipro Lighting won India Design Mark for Certified Excellence in Product Design.

In 2017, Wipro Lighting won International Diamond Prize for Excellence in Quality by European Society of Quality Research. In the same year, it won, Red Dot Design award for outstanding design, Global SSL Showcase Top100, India Design Mark for certified excellence in Product Design, and Frost & Sullivan award for LED lighting visionary innovation leadership.

In 2019, Wipro 3D won Frost & Sullivan Automotive Additive Engineering and Manufacturing award

References

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  30. Bureau, Bangalore (29 March 2022). ""Wipro Consumer Care–Ventures invests in Singapore-based VC fund"". The Hindu Business Line. Retrieved 29 March 2022. {{cite news}}: |last= has generic name (help)
  31. Prasad, Akanksha (27 November 2012). "Wipro Infrastructure Engineering seeks to double market share". The Economic Times.
  32. Correspondent, ANI. "BEML and Wipro Infrastructure Engineering in strategic partnership". ANI News. {{cite web}}: |last= has generic name (help)
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