Wipro Infotech forms joint venture with Dar Al Riyadh

By Staff
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Google Oneindia News

Bangalore, Jan 23 (UNI) Wipro Infotech, the India, Middle East and Asia Pacific IT business of Wipro Ltd, today announced a joint venture agreement with Dar Al Riyadh Group in the Kingdom of Saudi Arabia.

Dar Al Riyadh was a well diversified group in Saudi Arabia having business interests in Engineering Services, Industrial Products, Systems and Integration and Information Technology.

The joint venture company, to be named Wipro Arabia Limited, would offer a comprehensive range of IT solutions, including Application Development and Management, Package Implementation Services and System integration services, Wipro Infotech said in a release here.

Wipro Infotech President Suresh Vaswani said ''it is a strategic move by both the partners and demonstrates our commitment to invest in the Saudi Arabian IT services market.'' Through the JV, the customers would have access to Wipro's broad portfolio of IT solutions customised for their business needs through a strong local engagement model, he added.

The joint venture provided a scalable and operationally efficient model for both partners to address the fast emerging segments in KSA's IT services market. The corporates in Saudi Arabia would benefit from the JV as it would provide them an opportunity to enhance the quality of IT services significantly, the release said.

UNI

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