Wipro to invest Rs 375cr in Pune

Wipro Technologies, the global IT services division of Wipro, today announced an investment of Rs 375 crore in Pune after the inauguration of its new development centre in Hinjewadi.

Wipro currently has 6,300 people in Pune operating from a 5,80,000 square feet campus at the Rajiv Gandhi Infotech Park Phase I at Hinjewadi and its new development centre at Phase II of the Hinjewadi Park. The IT major has also applied for 50 acre in Phase III of the Park, which is a notified special economic zone (SEZ).

With the addition of the new facility, Wipro will ramp up capacity to 17,000 people in Pune. Azim Premji, chairman, Wipro said: "We will invest Rs 375-400 crore over the next 3-5 years to develop this facility as we ramp up our headcount in Pune from 6,400 to 17,000 people." The overall employee base in five years will cross 1,60,000 people, he added.

The centre was inaugurated in the presence of Maharashtra Chief Minister Vilasrao Deshmukh who urged Wipro to set up shop in other cities in Maharashatra. "We need your presence in every city - Kolhapur, Nagpur, Aurangabad and even Latur. The government will act as a facilitator to enable you to set up offices in these cities," Deshmukh said.