The leading IT firm of the country, Wipro is receiving huge number of deals in the current fiscal year. The company is getting good amount of deals basically from US, Europe and India.

Azim Premji, Chairman of Wipro, has informed the about this fact. Premji has also said that the company needs to be selective while negotiating on huge deals.

The deals require proper pre-sales works and the company needs to be ready for that before accepting such deals. IT budget is expected to be higher for this fiscal year than that of the previous year. Wipro has faced several problems last year on spending the sanctioned budgets.

So far as the current deals are concerned, the company is expecting four to five huge deals form the domestic as well as international market. This will provide the company around 1 billion dollar for the ongoing fiscal year as these deals are expected to be around 250-300 million dollar each.

The projects are expected to come from the European countries, USA and several other countries.