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Azim Premji

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Career

In 1966, on the news of his fathers death, the then 21 year old Azim Premji returned home from Stanford University, where he was studying engineering, to take charge of Wipro. The company, which was called Western Indian Vegetable Products at the time, dealt in hydrogenated oil manufacturing but Azim Premji later diversified the company to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products, and hydraulic cylinders. In the 1980s, the young entrepreneur, recognising the importance of the emerging IT field, took advantage of the vacuum left behind by the expulsion of IBM from India, changed the company name to Wipro and entered the high technology sector by manufacturing minicomputers under technological collaboration with an American company Sentinel Computer Corporation.Thereafter Premji made a focused shift from soaps to software.


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