Wipro to invest £16 million to set up centre in UK by 2025

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London, UK – Bangalore, India: Wipro said it will invest £16 million over the next four years to set up a 20,000 sq. ft. innovation centre in Holborn, London. It will serve as Wipro’s flagship centre in the United Kingdom and offer technology expertise to companies in the UK and globally.

The centre will be integral to providing advanced digital, cybersecurity and cloud expertise to enterprises. to both established and upcoming enterprises.

For the past 25 years, Wipro has been in the UK, employing over 4000 highly talented technology, digital consulting and business management professionals. The company has hired over 500 new employees in the UK in the past 12 months. With the setting up of the innovation centre, Wipro expects its talent base to increase further over the coming years.

Wipro recently acquired UK- based Capco for $1.45 billion, which has further strengthened its presence in the UK market. It will act as the next critical step in serving businesses with world-class consultancy on digital, business and IT transformation.,

This buyout will add 1300 employees in the UK and will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry.

“Trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries. I’m very pleased that Wipro has decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth,” said UK Prime Minister Boris Johnson.

“It’s great to see Wipro taking advantage of this and open their Innovation Centre in London – a further commitment to their 25 years in the UK and a boost for the vibrant and growing tech scene that will support our economic recovery,” said UK Minister for Investment Gerry Grimstone.

“We are proud to announce a new step on our continued investment in the UK with a new Innovation Centre in London. This enhances our already powerful presence in the region across ten offices and over 4000 employees and will act as an important engine in our drive to boost digital transformation in Europe,” said Thierry Delaporte, CEO and MD – Wipro.

“London is a hub of digital excellence. Our new Innovation Centre will draw on the immense talent, digital expertise and innovative potential available here. We are continually impressed by the drive of the UK’s digital economy,” said Pierre Bruno, CEO – Europe, Wipro.

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