Wipro to create jobs, near-shore center in Germany

In a bid to capture a bigger slice of Germany's US$80 billion IT market, Wipro plans to hire over 1,000 workers by 2016, establish a near-shore services center, and facilitate internships for Indian students.

Wipro says it will hire over 1,000 workers in Germany over the next three years, tripling its headcount to support expected growth in the country. 

In a statement released Wednesday, the Indian IT outsourcing giant  revealed its three-pronged strategy to capture Europe's biggest economy: investing in strong domain knowledge, targeting key verticals, and hiring local talent. 

According to Wipro, Germany's IT market size was estimated to be US$80 billion last year.

Wipro's chief sales and operations officer, Rajat Mathur, said revenue from German customers will drive the company's future growth. "We continue to strengthen our new business hunting approach in order to build a strong and structured pipeline of business opportunities for the next three to five years," Mathur said.

In the near future, the Indian services provider will transform its on-shore data center in Meerbusch into a near-shore services center for German clients. Currently, it supports about 4,500 servers and provides infrastructure management services across Europe.

Wipro will offer internships to University of Munich science graduates, who can complete a technical talent development program at the outsourcer's Indian facilities.