Wipro plans to invest in Oman

Wipro is planning to make big investments in Oman, its next largest strategic market in the Gulf region. "It is a good to do business here and we have made a good entry. We think we can grow very aggressively here," chairman and managing director Azim Premji said in an interview to a local newspaper.

During his visit, Premji met business partners and authorities in Oman. "We wanted to know what the government would like us to do to be relevant to the country, apart from giving us business. We plan to establish the seriousness of our commitment to Oman. We plan to look at the presence that we have here, the presence that we are trying to build and also build on the localization which we are doing here," he told the newspaper.

Wipro has some large customers in the Omani market across different verticals including oil and gas, retail, banking, transportation among others. "We have cut across most of the verticals in Oman. We feel the potential is much more than what we have tapped. We feel Oman will throw up opportunities which will be much larger than what we have been able to exploit till now. So we will continue to make investments," he said.

Wipro is looking to set up local capability in Oman which the company has already done in the UAE and Saudi Arabia.