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Earlier in December 2009, Wipro Consumer Care and Lighting, the FMCG arm of Wipro, had acquired the Yardley portfolio for Asia, West Asia, North Africa and Australasia from Lornamead.
We throw employees into the deep end when they are just 60-70 per cent ready and expect them to learn on the job, "says Vineet Agrawal, President of Wipro Consumer Care and Lighting.
Vineet Agrawal, President, Wipro Consumer Care and Lighting said, "This transaction would double our addressable market size in terms of GDP.
Wipro Consumer Care and Lighting, a market leader in cooking fats, ingredient based soaps and toiletries, and lighting systems and solutions, grew its operating margin by 13 percent to $12 million in the year.