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Wipro signs offshoring deals for regional players

Indian IT giant Wipro has secured a five-year contract to set up a dedicated offshore development centre in India for TAQA, the Abu Dhabi National Energy Company, a global energy firm with a growing asset base of over $ 24.5bn.

Sameer Narvekar, practice manager for Wipro Dubai.
Sameer Narvekar, practice manager for Wipro Dubai.

Indian IT giant Wipro has secured a five-year contract to set up a dedicated offshore development centre in India for TAQA, the Abu Dhabi National Energy Company, a global energy firm with a growing asset base of over $ 24.5bn.

As part of the deal, Wipro will set up a dedicated offshore centre for TAQA at Wipro’s newly developed facility in Chennai, India. The centre, which will accommodate 120 people, will expand further over the next five years.

Sameer Narvekar, practice manager for Wipro Dubai, explains that the company has recently secured several offshore development contracts and has been speaking to more potential customers at this year’s GITEX Technology Week.

“We have seen growing interest from clients in the Middle East to outsource their IT requirements. As a result, we now have a near-shore development centre in Egypt that is eventually intended to be the regional hub,” explains Narvekar.

Wipro admits that its attendance at GITEX has been worthwhile, with the company using the show to touch base with some of its key partners.

“This show is meant to be a platform for us to network with our existing clients and it has played a significant role in making that happen,” says Narvekar, who adds that Wipro has experienced 35% to 40% year-on-year growth in the Middle East market.

Wipro believes it is in a strong position to expand its presence in the market further. Narvekar confirms that the IT services provider intends to hire more UAE nationals in the coming months: “We will absorb them into all lines of our business,” he reveals.