The Rs 290 crore hardware major WeP Peripherals Ltd-formerly known as Wipro
ePeripherals Ltd-is setting up a spanking new manufacturing facility costing
around Rs 20 crore in Baddi-the industrial belt in Nalagarh district in
Himachal Pradesh. This will be the company's third manufacturing facility in
the country after Mysore in Karnataka and Hyderabad in Andhra Pradesh.
Spread over 12 acres and located at a picturuous location, this
state-of-the-art manufacturing facility is expected to be fully ready in about
12 months time-though production is slated to commence within the next three
to four months. Employing around 300 people, it would have a total capacity of
manufacturing close to one million products of various types including dot
matrix printers, UPS systems and networking components.
The foundation stone of the facility was laid by Virbhadra Singh, the Chief
Minister of Himachal Pradesh, in the presence of Azim Premji, Chairman, Wipro
Ltd. Congratulating WeP on setting up this manufacturing unit, Singh in his
address said, "It is a welcome addition for HP and I hope that it will
encourage others also to come here. We have industry-friendly policies and we
promise to remove all hurdles faced by companies wanting to come to Himachal."
Addressing the gathering of more than 200 people including WeP employees, its
channel partners and senior Himachal Government officials, Premji said,
"This is a beautiful part of our country. The state has hard working and a
dedicated set of people. Preservation of the state's beauty needs to be
maintained by way of encouraging non-polluting industries. IT sector is the
right choice for that as not only it is non-polluting but also results in high
employment generation."
Commending
WeP on this facility, Premji added, "Wipro is proud to give birth to WeP,
which has a very innovative business model. Seventy percent of the company's
sales come from products introduced in the last three years. I am sure that the
quality benchmark of this manufacturing facility will be equal to the best in
the world."
Thanking the Chief Minister for his support, Ram N Agarwal, MD and CEO, WeP,
said, "We are happy to have our facility at Himachal Pradesh, as the
progressive state Government policies towards manufacturing is very encouraging.
We started thinking about this project about one year back and since then got
extremely good support from all Government departments and its officials. It
will be one of the best manufacturing facilities in Himachal and the entire
campus would be full of trees."
Added Ranbir Singh, GM (North Zone), WeP, and the man responsible for making
this facility possible, "WeP has over seven lakh customers for its
products, and this manufacturing facility will increase our availability and
proximity with consumers. Products manufactured from this unit can be
conveniently reached to any location in the North within 24 hours."
Later on Premji praised the work done by some of the WeP people including
Ranbir by handing over mementos to them. The foundation stone laying ceremony
ended with the Chief Minister and Premji planting a sapling each at the campus.
Arun Thiagarajan, Chairman of WeP Peripherals was also present at the occasion.
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