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Suresh Vaswani is joint chief executive of Wipro (WIT), India's second-largest IT services company. Like rivals Infosys (INFY) and Tata Consultancy Services (TCS:IN), Wipro has ridden the outsourcing wave, which has allowed Vaswani and his team to sign up clients across the Western world—dramatically raising the profile and prestige of India in the process. Unlike companies in the U.S. and Europe, Vaswani told Bloomberg TV in Davos, Wipro will continue to seek further acquisitions in preparation for the expected pickup in the global economy this year.