HCLTech, also known as HCL Technologies, is a publicly owned company headquartered in India. Founded in 1991, the company employs approximately 235,690 individuals and reported $14.0B in revenue as of 2024. The company specializes in broadcast professional services, delivering capabilities centered around digital, engineering, cloud, and AI, powered by a portfolio of technology services and products. It provides industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services.
HCLTech Chairperson Roshni Nadar Malhotra stated on February 22, 2026, that artificial intelligence (AI) will reshape entry-level roles and boost employee productivity, serving as a force multiplier for the company. This perspective aligns with a broader trend in the Indian IT services industry, where enterprises are prioritizing productivity, automation, and modernization to cut legacy maintenance costs and reallocate spending towards innovation, acknowledging AI's potential for both growth and deflationary risks through automated workflows. Earlier on February 22, Nadar Malhotra also confirmed that HCL and Foxconn laid the foundation for a chip manufacturing plant in Jewar, expected to be fully functional by 2028. This development followed Prime Minister Narendra Modi's foundation stone laying for the HCL-Foxconn joint venture semiconductor manufacturing unit in Uttar Pradesh on the same day. Modi participated via video conferencing, hailing the project as a major milestone for India's journey towards technological self-reliance and global leadership in semiconductors.
HCLTech's customers primarily consist of iT Services and IT Consulting and education companies. Examples of HCLTech's customers include Yellow.ai, Pearson and Circles. HCLTech has partners like Ateliere Creative Technologies. Examples of HCLTech's suppliers include Arm and Google.
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