Joint Venture Between Wipro and Boeing

Published by admin on August 12th, 2007 | Tagged News, Strategic Management

Wipro Technologies is set to enter into a joint venture with Boeing-the United States based aerospace major.With this Wipro is going to enter into the MRO,that is,Maintenance Repair and overhaul business.Wipro is going to provide software solutions and technological suppport for the Boeings MRO facility which is going to come up in Nagpur,Maharashtra,India.

Boeing is going to invest 100 million dollars into the Nagpur ,Maintenance Repair and overhaul facility.

India has the capacity to support the Maintenance Repair and overhaul business and the market for the same is expected to touch $1.1 Billion by the year 2015.