Wipro Consumer Care & Lighting has announced its foray into packaged food business in the Indian market and changes in its top-level management. The company aspires to be a “significant player” in the snack food, spices and ready-to-eat market,” said a statement issued by the Fast Moving Consumer Goods (FMCG) company which is part of Rishad Premji-led Wipro Enterprises.
Read: June 2022 Issue of Food InfoTech Magazine.
Wipro Consumer Care & Lighting CEO Vineet Agrawal said, “Our decision to enter packaged food business would complement our existing categories in personal care, thus building a complete offering in the FMCG space in India.”
Consequently, Neeraj Khatri, head of Wipro Consumer Care’s unit in the Philippines, has moved as India & SAARC head of Wipro Consumer Care business, it added.
Both Chugh and Khatri have spent over 25 years at Wipro, starting their careers with the company from their respective B-school campuses.
“Our leadership changes align with our ambitions of being a significant and leading player in FMCG space in all the markets we operate in,” said Agrawal.
Besides India, it has a brand presence within Southeast Asia and the Middle East markets.
Also Read: Parle Products Remains Most Popular FMCG Brand in India.
It owns popular brands such as Santoor, premium personal care brand Yardley, Enchanteur, Hygienix, Chandrika, Glucovita, Safewash, Softouch, Giffy Maxkleen along with LED lights brand Wipro Garnet and male grooming brand Aramusk.
Founded in 1945 as a Vegetable Oil Company, Wipro Consumer Care & Lighting is one of the fastest growing FMCG companies in India, Asia, and Africa. Wipro Consumer Care & Lighting had recorded a revenue of Rs 8,634 crore for the financial year ended on March 31, 2022. It operates in personal wash products, toiletries, facial care, wellness, home care, electrical wire devices, domestic and commercial lighting, and seating solutions. The company has a talent base of over 10,000+ people from 22 different nationalities. Women employees constitute nearly 60% of the total work force.