Wipro turns to the ER&D segment to boost its growth prospects

Not just Wipro, many largecap companies, over the last few years, have been shifting their attention to this segment, dominated generally by Midcap IT peers like Persistent Systems, Tata Elxsi, among others.

Bengaluru-based Wipro Ltd. has also taken the inorganic route to boost its growth prospects, following its peer IT services provider Infosys, who also recently announced an acquisition.

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