Bangalore, India – May 5, 2020:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, has signed a memorandum of understanding with the Government of Maharashtra under which it will repurpose one of its information technology campuses in Hinjewadi, Pune to a 450-bed intermediary care COVID-19 hospital in four weeks and hand it over to the state government by May 30. The hospital will be converted back to an IT facility after a year.
The 450-bed hospital, to be equipped to treat moderate cases, will include 12 beds to stabilise critical patients before shifting them to a tertiary care facility. This is an independent, isolated COVID-19 dedicated complex that also includes 24 well-appointed rooms to accommodate doctors and medical staff.
Wipro will provide the physical infrastructure, medical furniture and equipment besides appointing an administrator and skeletal support staff to help operationalise the hospital quickly with the required medical professionals.
Uddhav Thackeray, Chief Minister, Maharashtra said, “This humanitarian contribution by Wipro will further strengthen our medical infrastructure and benefit the medical fraternity who are at the forefront of our fight against the pandemic.”
“We are completely committed to supporting the country’s response to the pandemic and believe that we must all work together to deal with this crisis and minimise its human impact. We stand firmly with the Government of Maharashtra in its battle against COVID-19,” said Rishad Premji, Chairman, Wipro Limited.
Early April, Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation, together committed Rs 1,125 crore towards tackling the unprecedented health and humanitarian crisis arising from the COVID-19 pandemic outbreak. These resources will help enable the dedicated medical and service fraternity in the frontline of the battle against the pandemic and in mitigating its wide-ranging human impact, particularly on the most disadvantaged of our society.
Wipro and Azim Premji Foundation are carrying out COVID-19 related humanitarian and healthcare relief work in Maharashtra across Mumbai, Pune, Aurangabad-Waluj, Amalner, Ahmednagar, Akola, Beed, Chandrapur and Gadchiroli.
The relief work has so far touched over 34 lakh beneficiaries across India.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 175,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Wipro Media Contact:
Vipin Nair
Wipro Limited
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
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