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Acquisitions will continue to be key growth driver for market share gain: Wipro CEO Thierry Delaporte

However, the buys will have to make sense from a strategy point of view, said Delaporte, while adding that there is perfect alignment with him and Chairman Rishad Premji on this matter

April 29, 2022 / 09:24 PM IST
Thierry Delaporte, CEO and Managing Director of Wipro

Thierry Delaporte, CEO and Managing Director of Wipro

 
 
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For Wipro to gain the market share it had lost over the years, aggressive inorganic push, through acquisitions, is important, especially at the time of rapid growth in technology, said CEO & MD, Thierry Delaporte.

Under Delaporate, since July 2020, Wipro made close to 10 acquisitions to the tune of over $2.5 billion, including the largest-ever acquisition of Capco for $1.45 billion. According to Delaporte, this will continue.

“I think we are in a market where there's a lot of demand, there is a lot of growth and we must be in the market. Grabbing market share must be an obsession,” he told Moneycontrol.

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