🐉 Wipro Just Went to China — But Will This Dragon Code or Burn Cash? 🇨🇳
CMP: ₹248.35 | Down 0.76% Today By Prashant Marathe | May 27, 2025
📍 At a Glance
On May 27, Wipro announced that it has incorporated a new step-down subsidiary in China — Wipro (Tianjin) Limited, effective May 23, 2025. This move marks yet another chapter in Indian IT companies chasing international cost arbitrage and delivery center diversification. But here’s the real question: is this a serious tech play or just a glorified offshore address?
🏢 New Kid on the Block: Wipro (Tianjin) Limited
Let’s break down the SEBI filing in classic EduInvesting style:
🔎 Particular
🧾 Details
Entity Name
Wipro (Tianjin) Limited
Date of Incorporation
May 23, 2025
Location
Tianjin, China
Parent Company
Wipro Networks Pte. Ltd. (100% owned by Wipro Limited)
