HCLTech Launches New Center in Hyderabad for Cloud and AI Solutions

HCLTech, formerly known as HCL Technologies, stands as a beacon of India’s global IT prowess. Founded in 1976 by visionary Shiv Nadar, the company has risen to become a multinational powerhouse, offering a comprehensive suite of technology services, solutions, and products.

Creates 5000 Jobs

At the World Economic Forum Annual Meeting in Davos, Switzerland, on January 20, 2025, HCLTech announced a significant milestone—the launch of a state-of-the-art tech centre in Hyderabad. This strategic expansion underscores the company’s commitment to delivering transformative cloud, AI, and digital solutions across industries, including high-tech, life sciences, and financial services which leads to the creating of 5000 jobs.

Hyderabad’s Position as a Premier IT Hub

The sprawling 320,000 sqft facility, situated in Hyderabad’s prestigious Hi-Tech City, will accommodate 5,000 IT professionals, bolstering the city’s status as a global technology hub. Awarded the esteemed Gold Certification by the Indian Green Building Council, the centre exemplifies HCLTech’s unwavering dedication to sustainable and eco-conscious business practices.

Statement From CEO C Vijayakumar

This advanced hub is poised to spearhead the development of innovative solutions while fostering growth within the local technology ecosystem. C. Vijayakumar, CEO and Managing Director of HCLTech, remarked, “Hyderabad has long been a pivotal location within our global network. 

This new centre will elevate our capabilities, enabling us to better serve our international clientele.” Vijayakumar extended a formal invitation to the Chief Minister and IT Minister to inaugurate the facility next month.

Share Price Performance 

At 11:51 AM today, HCL Technologies Ltd shares traded at ₹1,813.15 per share on the NSE.

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