Wipro to Open $3M Center in Sherwood, Eyes 400 Jobs


Wipro to Open $3M Center in Sherwood, Eyes 400 Jobs

Wipro Limited of Bengaluru, India, a global information technology, consulting and business process services company, announced Tuesday that it will open a new $3 million center in Sherwood, with a goal of creating up to 400 jobs there over the next two years.

The publicly traded company (NYSE: WIT) is renovating a 70,000-SF building at 5430 Landers Road to provide operational services to clients.

Cardinal Sherwood LLC, a property investor based in southern California, bought that building for $7 million in 2019. It was operated as a Cardinal Health customer service center until the pandemic, when employees began to work from home then didn't return, according to Kellie Wall, president and CEO of the Sherwood Chamber of Commerce.

She also said, at full empoyment, Wipro would be a top 5 employer for the city.

“We are thrilled to open the delivery center in Sherwood and improve our reach to customers in central Arkansas,” Managing Partner Nagendra Bandaru said in a news release. “This strategic investment will bring Wipro’s innovation, operational capabilities and organizational expertise to the region. This is part of our commitment to enable future expansion, and drive employment generation initiatives for local communities.”

Sherwood Mayor Virginia Hillman Young called the announcement “the beginning of a new partnership.”

“We look forward to working closely with the local Wipro team as they grow and thrive in Sherwood,” she said.

Wipro has clients in more than a dozen industries, including health care, energy, banking, communications, education, insurance, retail and transportation. It offers services in data, analytics and IT; digital operations; consulting; and infrastructure. Fortune India magazine says the company is the 29th largest in India by revenue. It has more than 195,000 employees.

In a news release, Gov. Asa Hutchinson said the project will help Arkansas meet its goal of becoming a leader in information technology. State Secretary of Commerce Mike Preston said he was pleased that the company recognized that the area offers a talented workforce.