NSEUpdates3d ago · 24 Jul 2026, 12:13 pm

Updates

HCL Technologies Limited · HCLTECH

✦ AI Summary▲ PositiveExpansion

HCLTech to establish a Global Technology Center in Bhubaneswar, Odisha, with 5,000 employees, to innovate and deliver AI-led digital solutions.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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'Release: HCLTech to establish Global Technology Center in Bhubaneswar '.

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HCLTECH_24072026121306_Release24July2026.pdf

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July 24, 2026 The General Manager The Manager BSE Limited National Stock Exchange of India Limited Listing Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street 5th Floor, Plot No. C-1, Block-G Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E) Mumbai-400 051 BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH Sub.: Release: “HCLTech to establish Global Technology Center in Bhubaneswar” Dear Sir/Madam, Enclosed please find a release on the captioned subject being issued by the Company today. This is for your information and records. Thanking you, Yours faithfully, For HCL Technologies Limited Manish Anand Company Secretary Encl.:a/a HCL Technologies Ltd. Technology Hub, Special Economic Zone Corporate Identity Number: L74140DL1991PLC046369 Plot No. 3A, Sector 126, NOIDA– 201304, UP, India Registered Office: t: +91 120 4306000 806 Siddharth, 96, Nehru Place, New Delhi -110019, India HCLTech to establish Global Technology Center in Bhubaneswar The facility will house 5,000 people and boost the local technology ecosystem in the state Bhubaneswar and NOIDA, India, July 24, 2026: HCLTech, a leading global technology company, today signed a Memorandum of Understanding with the Government of Odisha to set up a world- class Global Technology Center in Bhubaneswar to innovate and deliver AI-led digital solutions to global enterprises. The Technology Center will complement HCLTech’s proposed AI Data Center in the upcoming Odisha Sovereign AI Park. The Technology Center will house 5,000 people and is expected to start operations by 2028. HCLTech’s investment will not only contribute to direct and indirect employment but also boost the local talent ecosystem with focus on next-generation skills. Towards this, HCLTech plans to engage deeply with local educational institutions and the government through structured interventions. Rahul Singh, COO – Corporate Functions, HCLTech said, “At HCLTech, through our New Vistas initiative, we are focused on expanding our presence across India to bring opportunities closer to where the talent is. Odisha offers a great mix of quality infrastructure and vibrant talent pool, and we look forward to developing Bhubaneshwar as one of our key global innovation and delivery hubs.” Shri Vishal Kumar Dev, IAS, Additional Chief Secretary, Government of Odisha said, “We welcome HCLTech’s decision to establish their footprint in Odisha. Their presence will further embellish Bhubaneshwar’s status as one of India’s most promising technology hubs.” In India, HCLTech employs 170,000+ people across its technology campuses and centers in Noida, Bengaluru, Chennai, Hyderabad, Pune, Lucknow, Nagpur, Madurai, Vijayawada and GIFT City. About HCLTech HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology & Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending June 2026 totaled $14.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.