We are fairly confident in terms of customer activity, booking and a healthy pipeline – Suresh Vaswani
Wipro has a "healthy pipeline" of projects this year as customers rebound from the recession, said Suresh Vaswani, head of the company's information-technology unit. "We're fairly confident in terms of customer activity, booking, and a healthy pipeline," Vaswani, the division's co- chief executive officer, said in an interview. "Lots of meaningful discussions are taking place."
Customers in manufacturing and retailing are among Wipro's strongest, said Vaswani, 49. Some clients had curbed technology budgets to shield themselves from the worst global economic slump since at least World War II, leading Wipro to project little change in this quarter's sales from a year ago.
Source: Bloomberg
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