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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. 

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Wipro unveils 3D metal printing unit in Bengaluru. IANS
Wipro unveils 3D metal printing unit in Bengaluru. IANS
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  • 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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Wipro Net Leaps 21% Yearly in Q4

Wipro net plunges 21% yearly in Q4

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Wipro net plunges 21% yearly in Q4
Wipro net plunges 21% yearly in Q4. (Wikimedia Commons)

Global software major Wipro Ltd on Wednesday reported Rs 1,801 crore consolidated net profit for fourth quarter of fiscal 2017-18, registering 21 per cent annual decline from Rs 2,267 crore in the same period last year.

In a regulatory filing on the BSE, the city-based IT firm said consolidated revenue for the quarter under review (Q4) also declined, albeit marginally by 1.6 per cent, to Rs 13,769 crore from Rs 13,988 crore in the same period the year ago.

Also Read: Wipro unveils 3D metal printing unit in Bengaluru

Under the International Financial Reporting Standards (IFRS), net income is $277 million and gross revenue $2,115 million for the quarter.

IT services contributed $2,062 million, posting 2.4 per cent sequential and 5.5 per cent annual growth in dollar terms and Rs 13,410 crore in rupee terms, up 1.3 per cent sequentially from quarter ago.  IANS

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