Bangalore, February 4, 2010: Wipro has come out with unique pooled transport solution with the help of Bangalore Metropolitan Transport Corporation (BMTC). This initiative launched in May 2009, Wipro has worked closely with BMTC to introduced new routes from across the city to Electronics City. Though these buses terminate at the Wipro campus in Electronics City, these buses operate as normal BMTC busses and all citizens avail its services.
Wipro extended all support to BMTC and provided dedicated parking space at Wipro campus restroom, resting & refreshments facilities for the bus staff.
In May 2009, BMTC introduced about 90 trips from various areas of Bangalore with Volvo, Big-10 etc., As of December 2009 it has increased to 200 trips On an average, more than 6,000 passengers (citizens and Wipro employees (5000)) avail this service a day, which has increased almost three-folds since the service was started. This has converted close to 3000 employees of Wipro to travel by bus i.e. an 30% increase in bus users.
This venture goes well with Wipro’s philosophy of being a responsible corporate, responsible in terms of serving the community and also being an ecologically responsible organisation.
Commenting on this initiative Laxman Badiga, CIO said, “The bus initiative in collaboration with BMTC has not only met Wipro’s requirement & has to some extent helped the community nearby as well. The other benefit and a much long-term one, is that to the ecology and this is just a small step towards fulfilling our duties towards becoming a more ecologically responsible.”
Following are some salient features and benefit that accrue from this initiative:
Ecologically responsible
- Promoting the concept of pooled transport - the number of Wipro employees availing pooled transport (private Wipro buses and BMTC buses combined) has increased from 7,366 in May 2009 to 9,621 in December 2009
- The initiative has resulted in reduction of distance travelled by buses by 5,740 KMs/day which would mean 15,15,360 KMs/year
- Savings of non-renewable resources - the amount of Diesel saved is2400 litres/day or 6.33 lac litres/year
- Reduction in pollution - CO2 emissions will be reduced by 485 tons per annum
- The number of private buses chartered by Wipro has reduced from 148 to 124
Benefits to the community and employees working in Electronics City
- Increased connectivity with the city for the locals and villages around Electronics City
- Reduced traffic congestion resulting in reduced travel time for locals
- Additional revenue and optimization of occupancy for BMTC
- Increased flexibility for people working in Electronics City in terms of getting to work and back due to multiple routes and timings
- Improved quality of journey because of good quality buses used by BMTC
For Further Information, please contact:
Media: Radha Radhakrishnan +91 – 80 – 2505 6159
Investors: Aravind Viswanathan +91 – 80 – 25056143
About Wipro Limited
Wipro Limited (NYSE:WIT) provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro’s ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
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Forward-looking and cautionary statements Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at
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