In addition to application development, Vaswani said the company is also offering to host IT infrastructure remotely.

"This is a new value proposition for Australia; we are applying the same application development concept to infrastructure," he said.

"We have a high level of discipline and use strong methodologies that allow us to provide low cost, quality deliverables."

Earlier this year General Motors awarded IT contracts worth US$7 billion over five years to six vendors including EDS, IBM and Wipro. The contracts are part of $15 billion GM expects to spend on IT in the next five years.

As a result Wipro expects to generate around $300 million in revenue from the GM deal.