In a major shift in its focus towards Hyderabad, Wipro has decided to go for a massive expansion in the cyber city. As part of the strategy, the company has embarked on setting up a second campus in a sprawling 30-acre land in Manikonda near Hyderabad.
With a seating capacity of 3,500 in the first phase, the project is being set up with an investment of over Rs 120 crore. The company has decided to launch its second phase at the end of this year. It currently has over 3,000 professionals in Hyderabad.
The IT major is also in talks with the state government for allotting another 20 acres of land adjacent to the new campus apart from evaluating opportunities to enter tier-two cities like Visakhapatnam, Vijayawada, Tirupati and Warangal.
As part of its business process outsourcing growth (BPO), Wipro Spectramind is seriously considering entering into Andhra Pradesh and in particular Hyderabad, said Rajesh Patro.
Of the 3,500-seat capacity in the first phase, Wipro will add 2,500 professionals during the fiscal at the new campus and will fill the remaining in the first few months of next fiscal, he said. The first phase of the new campus, coming up on 15 acres of land, has already started functioning with 400 professionals. The company expects to commence the second phase of the new campus during the year-end and is in the process of identifying developers. The first phase is being constructed by infrastructure major, Larsen & Toubro, Mr Patro said.
The company is also in talks with the state government for allotting another 20 acres of land for future expansion.