IIPM Admission

Friday, December 15, 2006

Premji keeps strict control on Wipro & his business acumen is impeccable

IIPM PUBLICATION
The story of Azim Premji from an engineering student in 1966 to becoming the owner of India’s most respected company is a fascinating saga in itself. At a nascent age of 21 years, Azim Premji was entrusted with the responsibility of handling the reigns of Wipro due to early demise of his father H.M Premji. Premji carried on the legacy of his father as WIPRO manufactured oil & related products.

In the late 1970’s, the government forced IBM to exit the Indian market as it was selling products with obsolete technology. Th is created a gap in the highly immature IT industry of India and Premji sensed it as a business opportunity. Consequently, now WIPRO was manufacturing mini computers and eventually entered the soft ware market.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

Initiative :- An IIPM and Management Guru Professor Arindam Chaudhuri (Dean of IIPM)

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