Wipro is looking to double its turnover to $15 billion by 2020 as it focuses more on digital and automation under the new management team.
The country's third largest services firm closed 2015-16 fiscal with about $7.7 billion in annual revenues.
Calling his first opportunity to interact with the press since taking over as the CEO as a "special moment", Wipro CEO and Board member Abidali Z Neemuchwala said he had met 70 of its top 100 clients in the past few weeks.
"Our ambition is to be $15 billion by fiscal 2020 with 23 per cent operating margins. The core leadership team has laid out the ambition and we have done a tremendous amount of detailing in terms of how to get there," Neemuchwala said.
Interestingly, its cross-town rival Infosys aspires to become a $20-billion revenue company by 2020. For the year ended March 31, 2016, the country's second largest IT services firm had revenues at $9.5 billion.
Wipro has highlighted six key areas that it will focus on to chase its $15-billion revenue target.
"We have broken down our overall strategy in certain key themes which we will drive to meet our ambition... There are six broad themes on which we anchor our efforts -- digital, client mining, geography focus, non-linearity, hyper-automationand building and leveraging partner ecosystem," he said.