Background: This paper reports the effect of process parameters on material removal rate (MRR) and surface roughness (Ra) in wire electro discharge machining of AISI D2 steel. Findings: The wire electro discharge machining characteristics of AISI D2 steel have been investigated using an orthogonal array of design. The pulse on time and servo voltage are the most significant parameter affecting MRR and surface roughness during WEDM process. The simultaneous performance characteristics MRR and surface roughness was optimized by Taguchi based utility approach. The machined surface hardness is higher than the bulk material hardness due to the repetitive quenching effect and contained various oxides in the surface recast layer. Methods: The experiments were performed by different cutting conditions of pulse on time (T on ), pulse off time (T off ), servo voltage (SV) and wire feed (WF) by keeping work piece thickness constant. Taguchi L 27 orthogonal array of experimental design is employed to conduct the experiments. Multi-objective optimization was performed using Taguchi based utility approach to optimize MRR and Ra. Results: Analysis of means and variance on to signal to noise ratio was performed for determining the optimal parameters. It reveals that the combination of Ton3, Toff1, SV1, WF2 parameter levels is beneficial for maximizing the MRR and minimizing the Ra simultaneously. The results indicated that the pulse on time is the most significant parameter affects the MRR and Ra. Concludions: The melted droplets, solidified debris around the craters, cracks and blow holes were observed on the machined surface for a higher pulse on time and lower servo voltage. Recast layer thickness increased with an increase in pulse on time duration. The machined surface hardness of D2 steel is increased due to the repetitive quenching effect and formation oxides on the machined surface.