WIPRO INFOTECH BAGS RS 1,182-CR EMPLOYEES’ STATE INSURANCE CORPORATION (ESIC) CONTRACT

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WIPRO Infotech, the India and Middle East IT business arm of Wipro, has bagged an IT outsourcing contract from Employees’ State Insurance Corporation (ESIC) worth Rs 1,182 crore.

The contract—one of the largest e-governance projects to be awarded in India—is spread over 78 months under the build-own-operatetransfer (BOOT) mode.

Wipro will implement software packages, build the IT infrastructure, and establish an automatic system for providing ID cards under the social security scheme.

The ESIC project saw bids coming in from all three Indian IT majors—TCS, Wipro and Infosys. It also had its share of controversy with TCS alleging discrepancy in the tender process and threatening to take legal recourse.

ESCI invited bids for the project, called Project Panchdeep, which include identification of more than one crore subscribers and their family members covered under ESIC and connecting all locations across the country.

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