Azim Premji

Making Outsourcing In

Being the Midas of global outsourcing might not make Azim Premji popular in the U.S., but back home in India he's a role model. The story of how the Stanford-educated Premji transformed Wipro, his family's vegetable-oil business, into one of the world's most important outsourcing companies (total employees: 27,200) is already part of Indian business folklore. A growing number of U.S. and European firms rely on the Bangalore-based Wipro to handle their software needs, keep their databases and computer networks up and running, and answer calls from customers. That has made Premji, 58, Wipro's chairman and principal shareholder, India's richest man...

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