Wipro Enterprises is the India-based holding company that owns both Wipro Infrastructure Engineering and Wipro Consumer Care and Lighting. Wipro Enterprises is headquartered in Bangalore, India. In 2013, Wipro demerged its IT business into a separate business entity.
Subsidiaries
Wipro Consumer Care and Lighting
Wipro Consumer Care and Lighting caters to the Fast-moving consumer goods segment dealing personal care, home care, lighting and furniture products. Established in 1945, its first product was vegetable oil, later sold under the brand name "Sunflower Vanaspati."Later the company also launched laundry bars under the brand name "787". It has gone on to sell personal care products like Santoor, Chandrika, Aramusk and Yardley, which are its toilet soap brands. It also owns the Wipro Safewash and Wipro Baby Soft ranges. WCCLG also sells lighting products that include Smartlite CFL and LED lights. Through product sales and acquisitions, Wipro Consumer Care and Lighting has grown steadily in the FMCG segment in Asia. In September 2019, Wipro Consumer Care and Lighting launched Wipro Consumer Care Ventures a venture fund to invest in startups in India and Southeast Asia.
Wipro Infrastructure Engineering
Wipro Infrastructure Engineering is the hydraulicsbusiness division of Wipro Enterprises and has been in the business of manufacturing hydraulic cylinders, truck cylinders, and their components since being established in 1976. It also includes the company's industrial water treatment business. This division delivers hydraulic cylinders to international OEMs and represents the Kawasaki, Sun Hydraulics and Teijin Seiki range of hydraulic products in India. It has entered into partnerships with Kawasaki and aerospace company EADS. Wipro Infrastructure Engineering is considered to be one of the world's largest independent manufacturers of hydraulic cylinders. Wipro 3D, which is also a part of Wipro Infrastructure Engineering, is India's largest fully integrated metal additive manufacturing facility. Its Aerospace Business acquired Israel-based Givon in 2016.
Mergers and acquisitions
Chandrika, which is an ayurvedic and herbal soap brand, was acquired in 2004. Northwest Switches was acquired in 2006 for Rs. 102.2 crore. In the same year, Sweden-based Hydrauto Group AB was acquired for Rs. 142.6 crore. Singapore-based Unza Holdings Ltd. was acquired in 2007 for Rs. 1,010 crore. The personal care brand Yardley from the Lornamead Group was acquired for an undisclosed amount in 2009. Men's toiletry brand, Aramusk, was acquired in 2011. In the same year, a majority stake was acquired in Brazil-based hydraulic cylinder manufacturer RKM Equipamentos Hidraulicos. Wipro Enterprises also entered into a joint venture with Kawasaki Precision Machinery Pvt. Ltd. to manufacture hydraulic pumps for excavators in 2011. L D Waxsons Group, a Singapore-based FMCG company was acquired for $144 million in 2013. In the same year, SC Hervil SA in Romania was acquired. Zhongshan Ma Er Daily Products Ltd, a Chinese FMCG company, was acquired for an undisclosed amount in 2016. In the same year, Israel's H R Givon, which manufactures metallic parts and assemblies for aerospace industry, was acquired. A minority stake in Happily Unmarried, which is a digital-first platform that sells male and female grooming products online, was acquired in 2017. In the same year, Wipro Infrastructure Engineering tied up with Israel Aerospace Industries to manufacture composite aerostructure parts and assemblies.
Social initiatives
Wipro Cares is the social contribution arm of Wipro Enterprises. It is broadly engaged in areas such as education, primary healthcare, environment and disaster rehabilitation. Wipro Enterprises’ Santoor Scholarship Program contributes to girl education among the underprivileged in Karnataka, Telangana and Andhra Pradesh.
Awards and recognition
In 2010, Wipro Lighting won Design for Asia award in the product design category for its LED streetlight. In 2016, Wipro Lighting won India Design Mark for Certified Excellence in Product Design. In 2017, Wipro Lighting won International Diamond Prize for Excellence in Quality by European Society of Quality Research. In the same year, it won, Red Dot Design award for outstanding design, Global SSL Showcase Top100, India Design Mark for certified excellence in Product Design, and Frost & Sullivan award for LED lighting visionary innovation leadership. In 2019 Wipro 3D won Frost & Sullivan Automotive Additive Engineering and Manufacturing award
