HCLTech to establish Global Technology Center in Bhubaneswar with Government of Odisha
Bhubaneswar and NOIDA, India, July 24, 2026: HCLTech, a leading global technology company, has signed a Memorandum of Understanding with the Government of Odisha to establish a world-class Global Technology Center in Bhubaneswar. The facility is designed to innovate and deliver AI-led digital solutions to global enterprises.The new Technology Center will serve as a key component of HCLTech's strategy in the region and will complement the proposed AI Data Center within the upcoming Odisha Sovereign AI Park. The center is projected to house 5,000 employees and operations are expected to commence by 2028.
HCLTech's investment commitment aims not only to create direct and indirect employment but also to significantly boost the local talent ecosystem through a focus on next-generation skills. The company plans structured interventions, engaging deeply with local educational institutions and the state government.
Rahul Singh, COO of Corporate Functions at HCLTech, highlighted the expansion strategy, stating that through its New Vistas initiative, HCLTech is expanding its presence across India to bring opportunities closer to talent pools. He noted that Odisha offers a strong combination of quality infrastructure and a vibrant talent pool, making Bhubaneswar a prime candidate for one of their key global innovation and delivery hubs.
Shri Vishal Kumar Dev, Additional Chief Secretary of the Government of Odisha, welcomed HCLTech's decision, stating that their presence will further enhance Bhubaneshwar's reputation as one of India’s most promising technology hubs.
Global Footprint and Business Profile
HCLTech currently employs over 170,000 people across its various technology campuses and centers located in Noida, Bengaluru, Chennai, Hyderabad, Pune, Lucknow, Nagpur, Madurai, Vijayawada, and GIFT City.As a global technology leader, HCLTech has a worldwide presence exceeding 223,000 people across 60 countries. The company delivers industry-leading capabilities centered around AI, digital transformation, engineering, cloud, and software services.
The organization serves clients across major verticals including Financial Services, Manufacturing, Life Sciences and Healthcare, Technology & Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues for the company as of 12 months ending June 2026 totaled $14.8 billion.
Data summary on HCLTech:
| Metric | Details |
|---|---|
| Global Workforce | Over 223,000 people |
| Operating Countries | 60 countries |
| Consolidated Revenues (FY ending June 2026) | $14.8 billion |
| India Employment (Current campuses) | 170,000+ people |
HCLTECH Stock Price Movement
Shares of HCL Technologies Limited are edging higher to ₹1253.9 as of 12:18 PM, climbing by 0.74% after gaining ₹9.20 in trading. The stock maintains strong momentum, with over 2.05 million shares transacted during the live market session.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.
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