Wipro wins Rs 1,182 crore project from ESIC

Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a provider of IT and business transformation services today announced that it has been awarded the largest IT outsourcing contract from Employees State Insurance Corporation(ESIC). ESIC is a statutory corporation, under the Ministry of Labour & Employment, Government of India (GoI), and is the implementing agency of Social Security Scheme in India.
 
Wipro has been selected to implement ESIC’s Project Panchdeep which is aimed at improving healthcare services to its beneficiaries, by providing online facilities to employers and insured people for registration, payment of premium and disbursement of cash benefits. Other modules will provide HR, Finance and General Administration programs for increasing the organisational efficiency. The ambitious project was mandated by ESI Act 1948 with a focus on creating a medicare backbone for the marginalised sections of society.
 
ESIC invited bids for Project Panchdeep on Built-Own-Operate-Transfer (BOOT) model through a global tender published on 25th November 2008. Three bids were received and after a detailed project consultancy, efficient evaluation and a very fair & transparent process ESIC awarded the 6 and half year project to Wipro.
 
Anand Sankaran, Senior Vice President & Head- India and Middle East, Wipro Infotech said “It is an honour to be awarded one of the most prestigious e-Governance projects. This is a strategic relationship for Wipro and we are committed to making it a showcase in the e-governance domain. The Labour Ministry is very supportive and is keen on ensuring a quick roll-out of the project since it directly benefits the common citizens of India.”