Press Trust of India Posted online: Wednesday, April 19, 2006 at 1946 hours IST Updated: Saturday, May 13, 2006 at 1102 hours IST
Bangalore, April 20: A day after Manmohan Singh asked industries to broadbase employment and make it representative, Wipro chairman Azim Premji made it clear that his firm would recruit people only on the basis of merit thus ruling out reservation at Wipro.
"We compete with global companies. We are primarily in the service business in terms of the mix of our consolidated revenues", Azim Premji said, adding, "Service business is highly people-dependent. People make you (the company) successful or the people make you less successful".
He pointed out that close to 80 per cent of Wipro's global revenues come from the US, Europe, Japan and parts of the Middle-East.
"We have no alternative but to hire the best talent available within India and the best talent available globally to man our positions - critical positions, non-critical positions, (and) programming positions", he added.
Responding to a question on the proposed move to reserve 27 per cent seats in higher educational institutions for Other Backward Classes, Premji said, "We appreciate the compulsions the country is going through in terms of reservation. But we (Wipro) are an organisation which requires selection on merits."