Date: October 26, 2026
Operational / Strategic Disclosures
HCL Technologies Limited and Rapidus Corporation have officially inaugurated two dedicated development centers in India to support Rapidus' semiconductor engineering requirements. The centers are located in Bengaluru and Hubli.
The partnership will leverage HCLTech's global leadership in core engineering to provide Rapidus with comprehensive semiconductor engineering capabilities including:
- Mask design
- Design infrastructure
- Process design kit (PDK) development
- Design technology co-optimization
- Layout design
Additionally, HCLTech will collaborate with Rapidus to build a pipeline of Indian engineering talent to meet Rapidus' evolving talent requirements in Japan.
Strategic Rationale and Executive Commentary
Dr. Atsuyoshi Koike, Representative Director and CEO of Rapidus Corporation, stated: "Building a strong engineering ecosystem is essential as Rapidus advances our mission to establish next-generation semiconductor manufacturing capabilities in Japan. Through this collaboration with HCLTech, we expect to access India's growing pool of semiconductor engineering talent and establish dedicated development capabilities that complement our operations in Japan."
C Vijayakumar, CEO and Managing Director of HCLTech, commented: "Advanced semiconductors will define the technologies of the next decade. This partnership reflects the growing strategic collaboration between Japan and India, bringing together Rapidus' next-generation semiconductor ambitions with HCLTech's engineering expertise to accelerate chip adoption, compress time-to-market and lay the foundations for the next era of semiconductor innovation."
Company Background Information
HCLTech is a global technology company with over 230,000 people across 60+ countries, delivering capabilities in AI, digital, engineering, cloud and software. Consolidated revenues as of 12 months ending September 2026 totaled $14.8 billion.
Rapidus Corporation is a Japanese company focused on developing and manufacturing the world's most advanced logic semiconductors, aiming to create new industries through services that shorten cycle times in design, wafer processes, and 3D packaging.