Wipro Ltd. (NYSE: WIT) plans to triple German workforce by hiring more than 1,000 professionals over the next three years, the company announced June 12. The Bangalore, India-based information technology services firm said it expects traction in the retail, automotive, telecom, healthcare, banking and energy and utilities sectors.
“We believe that Germany is one of our focus geographies that will play a significant role in driving our future growth and are delighted to substantially increase our investment in the region,” said Rajat Mathur, chief sales and operations officer — growth markets.
“We are making investments in building strong domain knowledge in key growth verticals and are hiring local talent with strong delivery and program management capabilities,” Mathur said. “We continue to strengthen our new business hunting approach in order to build a strong and structured pipeline of business opportunities over the next three to five years.”
Wipro already has more than 30 customers in Germany and has operated in the country for 10 years. The company has IT development centers in Munich, Meerbusch, Nuremberg and sales offices in Frankfurt, Munich, Cologne and Meerbusch. It also has a datacenter in Meerbusch.
The company also partnered with the University of Munich for a technical talent development program. Wipro will provide internships to graduate students at its facilities in India.