Wipro in joint Saudi venture

Indian firm Wipro Infotech has formed a joint venture company with Saudi Arabian group Dar Al Riyadh.

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By  Administrator Published  January 25, 2007

Indian firm Wipro Infotech has formed a joint venture company with Saudi Arabian group Dar Al Riyadh.

Through the joint venture, Wipro Arabia, the two companies will promote a range of IT solutions to the Saudi Arabian market including application development and management, package implementation services and system integration services. The company is an extension of Wipro's existing relationship with Dar Al Riyadh.

Wipro Infotech president Suresh Vaswani said the purpose of the joint venture was to demonstrate its commitment to Saudi Arabia, to open up more market opportunities, and to give the company more of a local flavour.

"The Saudi Arabian market needs global services and a strong local touch. We have a very good partnership with Dar Al Riyadh, we worked with them for the past four years and Prince Turki Abdulrahman [CEO of Dar Al Riyadh] is a well respected name in the Saudi Arabian market," he told IT Weekly.

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