Wipro gets 1,182 Crore Deal!

Monday, March 16, 2009

Wipro has got a huge deal with Indian Govt. which worths around 1,182 crores. At this time of recession, where companies are struggling to save money by Implementing layoff's or implementing any other ways for the cost cutting , wipro got a huge project which can generate a good amount for the money bags of wipro. Wipro Infotech has won Rs 1,182 crore IT outsourcing contract from Employees State Insurance Corporation (ESIC).

ESIC is a statutory corporation, under the Ministry of Labour and Employment, Government of India (GoI), and is the implementing agency of a Social Security Scheme in India.

There are other two bidders TCS, Infosys who were bidding for this particular project but finally wipro has won this deal.The project was mandated by ESI Act 1948 with a focus on creating a medicare backbone for the marginalised sections of society. According to sources the bid was opened on Nov 25 2008 and ESIC received 3 bids. This is can last up to six and a half years with wipro.

This is a strategic relationship for Wipro and we are committed to making it a showcase in the e-governance domain.

Anand Sankaran, senior vice president and head, India and Middle East, Wipro Infotech, “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.”

Well this may be good for the future of the employees who are working with wipro. May be wipro might recruit some people or it can utilise the bench strength. either way it good for the software people associated with wipro.

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