PARI acquisition to help Wipro Infra gain top spot in industrial automation
The definitive agreement to acquire Precision Automation and Robotics India (PARI) will give Wipro Infrastructure Engineering increased market access and larger play in industrial IoT
Rukmini Rao | December 10, 2020 | Updated 22:32 IST
Wipro Infrastructure Engineering acquires industrial automation firm PARI
Privately held, Wipro Enterprise s Infrastructure Engineering company announced the acquisition of Pune-based Precision Automation and Robotics India (PARI) for an undisclosed sum. PARI, which is a leading provider of turnkey solutions in industrial automation and robotic automation with over 75 global customers, has facilities in Pune and Detroit. In automotive solutions, in particular, PARI has clients such as Tata Motors, Mahindra & Mahindra, Hero and global companies like BMW, Ford and Chrysler among others. It has also been an early mover and has a significant presence in electric vehicle space
The Bengaluru-headquartered company didn t reveal finances of the deal to bag India’s largest automation company. “PARI brings in the domain expertise, technical capability and customer centricity for turnkey automation solutions. It has rich experience and completes our overall proposition to serve globally going forward,” said G Sundararaman, Senior VP and Business Head, Wipro Infrastructure Engineering (WIN) Automation. With this acquisition WIN Automation will be focussing on segments such as engineering, aerospace, railways, hybrid industries like pharma and FMCG to provide turnkey solutions in industrial automation. PARI which has an annual turnover of Rs 500 crore is the largest automation company in India which exports end-to-end automation solutions to companies worldwide including Ford, Suzuki, Renault, Daimler. Automotive manufacturers such as Tata Motors and Maruti are some of their customers in India.
Wipro Infrastructure Engineering to acquire Precision Automation and Robotics India
The combined capabilities of Wipro and PARI, an industrial automation company, will help broadenits offering, expand global footprint, and strengthen its ability to forge deeper customerrelationships in India and overseas, a Wipro statement said. PTI December 10, 2020 / 03:12 PM IST
Wipro Infrastructure Engineering s Industrial AutomationBusiness announced on Thursday it has signed a definitive agreement to acquire PrecisionAutomation and Robotics India (PARI).
The combined capabilities of Wipro and PARI, an industrial automation company, will help broadenits offering, expand global footprint, and strengthen its ability to forge deeper customerrelationships in India and overseas, a Wipro statement said.
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