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Azim Premji encourages techies to donate more for charity


Bengaluru: As software professionals (techies) are well paid, they should give more for charity, Wipro czar Azim Premji said at a fireside chat with Biocon chairperson Kiran Mazumdar-Shaw at a B-school event on Saturday.

IT firms and their employees spend more time on helping victims of national calamities, but their contribution to charity is disappointing though they are well paid and can afford to give more,

The event was held as part of the Indian Institute of Management-Bangalore (IIM-B) alumni leadership meet.

Shaw is also chairperson of the IIM-B’s board of governors since February 2014, succeeding Reliance Industries chairman Mukesh Ambani.

As one of India’s top billionaires, Premji pledged his personal shares valued at $8.5 billion to charity and philanthropic activities through a not-for-profit foundation named after him.

I have always considered wealth as a fiduciary responsibility and the reason why I gave my wealth is that was the right thing to do in a country ridden with poverty, misappropriation of funds and many disadvantaged people,

Azim Premji Foundation works in eight states funding a whopping 350,000 state-run schools to improve the quality of teaching and learning for an overall improvement of the primary education across the country.

My biggest regret is that I started too late, 14-15 years back in a small way in promoting education and government schools. We have demonstrated scale in the past four-five years because we felt a need to uplift the quality of education in government schools.

Asked how to inspire people to donate for genuine causes, the IT czar said most of the people were aware of their social responsibilities and need not be told to donate.

I think the reason why wealthy Indians don’t give as much as Americans is their families are larger and a majority of them believe they should bequeath their wealth to their children.

“Such a thinking of leaving wealth fully to children acts as a deterrent. But I think the new generation of the wealthy is more generous, especially in southern India,” Premji noted out during the interaction.

On how to convince the rich or wealthy to donate beyond family, he admitted that it was a long-drawn process, as men have to convince their wives in giving away because the latter are socially more sensitive and have time to lead philanthropic initiatives while their husbands are busy making money.

“People who want to get into philanthropy have to first set up an organisation, institutionalise it and commit an irreversible endowment. It is important to do actively than passively. Lay a foundation with one of your trusted people who had demonstrated leadership and full commitment,” Premji concluded. (IANS)


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Wipro unveils 3D metal printing unit in Bengaluru

It will bring in a new revolution in the world of 3D printing. 

Wipro unveils 3D metal printing unit in Bengaluru. IANS
Wipro unveils 3D metal printing unit in Bengaluru. IANS
  • Wipro introduces 3D printing unit in Bengaluru
  • It is first of its kind
  • It will bring in a new revolution in the world of 3D printing

Global software major Wipro’s three dimensional (3D) metal printing facility was unveiled by its Chairman Azim Premji in this tech hub on Wednesday.

“The 12,000 sq.ft. centre has various capabilities that include building up technology, post-processing, research, characterisation and validation facilities,” said the city-based IT major in a statement here. The company, however, did not disclose the cost of this high-tech facility.

3D printing unveiled by Wipro in Bengaluru. VOA News
3D printing unit unveiled in Bengaluru. VOA News

The software major’s 3D printing business unit, Wipro3D, has been providing services to aerospace, space, industrial, automotive, healthcare, oil and gas and heavy engineering sectors in the country.

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Wipro3D was set up in 2012 here under the Wipro Infrastructure Engineering, a hydraulic cylinder manufacturing unit of the software major. The company soon plans to take its 3D printing services across the world, said the statement, although no details were specified of its expansion plans.

“We see 3D printing as a critical component in the digital manufacturing strategy of any enterprise,” said Wipro3D’s Business Head Ajay Parikh in the statement. One of the country’s earliest 3D printed metal component in space was built by Wipro, he added. IANS

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