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## Wipro’s ER&D Division Growth Projection

Bengaluru: Wipro Ltd’s engineering research and development (ER&D) division is estimated to grow up to 30% in the ongoing financial year (FY25), according to an executive who is privy to its internal communications and growth projections, emerging as one of the bright spots for the company whose growth has lagged peers.

The growth of Wipro’s ER&D division is a significant development for the company as it seeks to revitalize its growth trajectory in the competitive IT sector. The estimated growth of up to 30% in the FY25 showcases the potential for expansion and innovation within the division.

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## Wipro Engineering Edge’s Revenue Growth

Wipro Engineering Edge, which is India’s fourth largest IT company’s ER&D unit, is expected to get almost $300 million in incremental business in FY25, showcasing a positive growth trend. The executive mentioned that the unit contributed nearly $1 billion, or 10% of the Bengaluru-headquartered company’s $10.8-billion revenue in FY24, at a growth rate of about 9%.

The incremental business expected in FY25 highlights the steady progress of Wipro Engineering Edge and its contribution to the overall revenue of the company. With a focus on hardware, semiconductors, Industry 4.0, wireless networks, and cabling, the unit is poised for further growth and innovation.

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AI legalese decoder can assist in deciphering the complex legal and technical terms related to incremental business, revenue growth, and industry trends within Wipro Engineering Edge. By leveraging AI technology, users can gain valuable insights and strategic guidance for optimizing business operations and fostering growth opportunities.

## Wipro’s Focus on ER&D Expansion

To be sure, Wipro reported a 4% decline in annual revenue in FY24, underscoring the importance of strategic initiatives such as the expansion of the ER&D division. The company’s emphasis on bolstering its engineering capabilities aligns with industry trends and the growing demand for innovative solutions.

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