Hexaware to invest Rs 310 crore to expand UK operations

Mid-tier software and IT solutions provider Hexaware Technologies will invest £25 million (around Rs 310 crore) to expand its UK operations, the company said in a regulatory filing.

The move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D) centers in across Manchester, Leeds, and Birmingham over the next three to five years.

Hexaware’s investment was announced by the UK government at the G7 Summit, as part of a wider set of international commitments to its AI and clean energy agenda.


“The company will expand its delivery center in Birmingham and establish R&D centers in Manchester and Leeds,” the filing said. The investment will accelerate innovation at scale across new and emerging technologies, including AI, digital services, and quantum computing, with a focus on developing local talent, advancing research, and driving modernization in citizen and public services, it added.

Meanwhile, Hexaware shares were trading weaker by over 2.4% at around Rs 491 per share on the BSE as well as NSE.

Hexaware is backed by private equity firm Carlyle and had an annual revenue of $1.5 billion in FY25 and almost 33,800 employees.

UK is the second-largest global market and its fastest-growing geography, where the company opened its headquarters in London in May last year. For the January to March quarter, it reported the highest growth in Europe (which includes the UK) at 11.6% from a year ago and 0.9% from a quarter ago.

“Hexaware has worked alongside businesses in the UK for more than three decades…These investments in AI research, digital innovation for citizen services, and talent incubation will create meaningful social impact while fueling and accelerating the UK’s long-term economic growth,” said R. Srikrishna, CEO & Executive Director, Hexaware.

During the quarter, Q1FY26 ending March, the company reported a 7.5% year-on-year (Y-o-Y) rise in net profit at Rs 351.6 crore while revenue grew 12.6% to Rs 3,613 crore. On a constant currency basis revenue was up 3.2% at $388.5 million from the year-ago period.