HCLTech Launches Global Technology Center in GIFT City to Drive AI Solutions
HCLTech has announced the launch of its new Global Technology Center located in GIFT City, Gujarat. The facility is designed to deliver AI-led solutions to HCLTech’s global clientele within the financial services industry. Beyond client services, the center will function as a strategic hub for developing next-generation technology solutions and fostering talent development.The inauguration of the facility was attended by Shri Harsh Sanghavi, Hon'ble Deputy Chief Minister of Gujarat, C Vijayakumar, CEO & Managing Director of HCLTech, and Shri Sanjay Kaul (IAS), Managing Director & Group CEO of GIFT City.
Strengthening Industry-Academia Collaboration
To support the growth of the local technology ecosystem, HCLTech has entered into Memoranda of Understanding with the Indian Institute of Technology, Gandhinagar, and Gujarat Technological University (GTU). These partnerships aim to bridge the gap between industry and academia by nurturing future-ready technology talent in Gujarat.The collaboration will focus on:
- Researching AI for financial services and related software.
- Developing specialized skills for the technology sector.
- Providing students and faculty with hands-on industry exposure.
- Creating opportunities to contribute to global technology and digital transformation initiatives.
Strategic Impact on Gujarat's Tech Landscape
Shri Harsh Sanghavi, Hon'ble Deputy Chief Minister of Gujarat, highlighted that HCLTech’s commitment to creating local jobs and nurturing talent aligns with the vision of providing Gujarat's youth with global career opportunities. He noted that the launch of the Global Technology Centre and the AI Lab strengthens GIFT City’s innovation ecosystem as a leading global TechFin hub.C Vijayakumar, CEO & Managing Director of HCLTech, stated that the company chose Gujarat due to its progressive policies and development. The firm intends to leverage the world-class infrastructure in GIFT City to engineer innovative AI solutions for financial services clients while contributing to the local technology ecosystem through enhanced industry-academia collaboration.
Company Overview
HCLTech is a global technology company employing more than 223,000 people across 60 countries. The company provides industry-leading capabilities in AI, digital, engineering, cloud, and software across multiple verticals, including Financial Services, Manufacturing, Life Sciences, Healthcare, and Semiconductor.The following table summarizes the financial performance of HCLTech:
| Metric | Value |
|---|---|
| Consolidated Revenues (12 months ending June 2026) | $14.8 billion |
HCLTECH Stock Price Movement
HCL Technologies Limited shares rallied on Friday to settle at ₹1,203.90, marking a 2.35% gain. The stock saw active turnover with a volume of 5.04 million shares as it climbed from its intraday low of ₹1,195.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.