December 10/New Delhi/Press Release -- Cargill Inc. will buy the Sunflower Vanaspati ghee brand from Wipro Consumer Care and Lighting, part of Azim Premji’s Wipro Ltd. The companies did not disclose the terms of the deal.
Wipro, which now earns over 85% of its revenue from IT, traces its history back to 1945 when it started operations as a manufacturer of ghee. Sunflower Vanaspati is the company’s oldest brand.