According to a statement issued by Wipro, the global IT leader in technology, outsourcing & consulting will discontinue manufacturing Wipro branded desktops, laptops & servers. The statement detailed that Wipro wants to strengthen it’s position as an IT solutions & services provider rather than being in the dynamic PC making business. The statement further read that Wipro will fulfill it’s warranty & AMC obligations; Wipro will redeploy all the affected employees.
The current PC market in India is dominated by players like HP, Lenova, Acer & Dell. While Wipro has decided to exit from PC manufacturing business, HCL has already exited from the PC manufacturing business.
The product based businesses in India aren’t really making news. India stands top in the services sector; most IT companies in India like Infosys, TCS, Wipro are all involved in services and IT consulting.