Wipro makes a beginning in pure play consulting

 The consulting services of Wipro Infotech, the Asia-Pacific and Middle East arm of the IT services business of Wipro set up in 2002, has recorded a revenue of Rs 2 crore in the first quarter of the current financial year (2003-04).

 Extrapolating a Gartner report of 2002 which put the Indian consulting market at $22 million and saw it growing at a CAGR of 13 per cent to reach $40 million by 2005, the consulting business of Wipro Infotech could well cross Rs 10 crore and garner a 10 per cent share of the overall consulting pie in the current year.

 Dr Anurag Srivastava, business head of consulting services, explains that this is strictly speaking not a new area for Wipro.

 What was being done earlier as part of the company