Wipro Limited: Chairman's Address at 79th Annual General Meeting

Wipro Limited held its 79th Annual General Meeting, where Chairman Rishad Premji welcomed shareholders and analysts. The focus of the meeting was not specified in the given article snippet.

Title: Wipro Limited's 79th Annual General Meeting: Navigating Macroeconomic Uncertainty and Embracing AI

Wipro Limited held its 79th Annual General Meeting (AGM) on July 16, 2025, where Chairman Rishad Premji addressed shareholders and analysts. The meeting focused on the company's strategies to navigate global macroeconomic challenges and adapt to evolving client needs. Premji emphasized the uncertain macroeconomic environment, shaped by geopolitical conflicts and technological advancements, which has influenced client spending patterns [1].

Premji highlighted that while the macroeconomic conditions have not worsened, they have not improved significantly. This uncertainty has led to a shift in client spending, with discretionary spending returning only in specific areas. To address these challenges, Wipro has adopted a multi-faceted approach, including the integration of Generative AI (GenAI) into its business strategy [1].

One of the key initiatives is Wipro's AI-first workforce strategy. The company has completed foundational GenAI training for nearly all its employees and provided advanced, role-specific upskilling to over 87,000 staff through its Talent@Scale program. This program, in partnership with academic institutions, aims to establish centers of excellence in high-demand skills [1].

Wipro is also investing in frontier technologies such as quantum computing, agentic AI, cyber resilience, robotics, and blockchain, which are expected to converge with AI in the near future. The company aims to develop and test AI solutions internally to drive efficiency and enhance speed, quality, and productivity in its delivery engagements [1].

The company's AI-first strategy includes building industry-specific and cross-industry AI solutions tailored to client challenges. Wipro's teams now engage earlier in the transformation journey by defining roadmaps, identifying AI opportunities, and aligning with business goals. These solutions span across various sectors, including BFSI, consumer, energy, manufacturing, technology, and communications, as well as health [1].

Premji also mentioned the company's commitment to diversity, with about 37% of Wipro's workforce being women, and 19% of its leadership comprising women, which is 2.5 times higher than five years ago [1].

References
[1] https://www.business-standard.com/companies/news/wipro-premji-macro-uncertainty-ai-skilling-2025-125071600453_1.html