HCLTech opens new delivery centre in Hyderabad with 5,000 capacity

Noida-headquartered HCLTech, third largest IT services company, expanded its global delivery footprint in Hyderabad with a new centre, the company informed in a statement.

Located in the hi-tech city, the 320,000 sq.ft. facility will house 5,000 people and provide cloud, artificial intelligence (AI) and digital transformation solutions to global clients across industries such as hi-tech, life sciences and financial services, the statement said.

The $13.8 billion-revenue sized HCLTech has been present in Hyderabad since 2007. With the addition of the new centre, its footprint will span five centres across the city with a capacity of 8,500 seats.


"Hyderabad, with its world-class infrastructure and high-quality talent pool, has been a key location on HCLTech’s global network. The new centre will bring cutting edge capabilities to our global client base and contribute to the local technology ecosystem,” said C Vijayakumar, CEO & managing director of HCLTech.

The company is hopeful of hiring talent from the city which is home to institutions such as the Indian School of Business (ISB), International Institute of Information Technology (IIIT) and Osmania University.

Last week, the IT major announced its third quarter (October to December) earnings reporting a 5.5% rise in net profit on a 5.1% revenue growth year-on-year (YoY) backed by strong services growth and deal wins ($2.09 billion).

The company, founded by billionaire Shiv Nadar, also upgraded its guidance on the lower end to 4.5-5% from earlier 3.5-5%.

HCLTech also celebrated the 25th anniversary of its initial public offering (IPO) with its public listing on January 20, 2000. Since then, it has grown from 3,000 employees to now over 220,000 total employees.

Over the past 25 years, HCLTech has delivered cumulative total shareholder return with a compound annual growth rate (CAGR) of 20.6%, the company said.