• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Tech

Indian IT Giant Wipro Touts New U.S. Jobs

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
June 28, 2017, 1:04 PM ET

Wipro (WIT), India’s third-largest software services exporter, said on Wednesday that more than half its workforce in the United States consists of locals after it hired more than 1,600 people in the last six months.

The statement comes as U.S. President Donald Trump has asked federal agencies to review a visa program that Indian IT firms such as Wipro use to fly engineers to the United States to service clients.

A tighter visa regime could force Indian IT companies to step up local hiring in their biggest market, potentially increasing costs and hitting margins.

Wipro rival Infosys (INFY) last month said it planned to hire 10,000 U.S. Workers in the next two years and open four technology centers in the United States.

Over the past couple of quarters IT clients slowed down discretionary spending, hitting growth in India’s $150 billion information technology sector.

A leading lobby group for India’s IT industry last week forecast that the sector’s export revenues would grow at 7-8% for the year to March, as the industry faces continued headwinds from the U.S. Market.

Wipro said on Wednesday that more than 3,000 locals joined the Bengaluru-headquartered firm in fiscal 2017, increasing its total headcount in the U.S. To 14,000. It is also said it is working on expanding its centers in Tampa and Dallas.

“We will continue to build a strong local talent pool with diverse skill sets and make strategic investments in close proximity to our clients to serve them better,” Wipro Chief Executive Abidali Neemuchwala said.

In a regulatory filing earlier this month, Wipro said “significant developments” under the new U.S. Government could pose a risk to its business there.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.