HCL Technologies Limited announced the launch of its Global Technology Center in GIFT City, Gujarat through a regulatory filing to BSE Limited and National Stock Exchange of India Limited.
The new facility was inaugurated on July 17, 2026 by Shri Harsh Sanghavi, Hon'ble Deputy Chief Minister of Gujarat, in the presence of C Vijayakumar, CEO & Managing Director of HCLTech, and Shri Sanjay Kaul (IAS), Managing Director & Group CEO of GIFT City.
The Global Technology Center will deliver AI-led solutions to HCLTech's global clients in the financial services industry and serve as a hub for developing next-generation technology solutions and talent development.
HCLTech signed Memoranda of Understanding with two educational institutions:
- Indian Institute of Technology, Gandhinagar
- Gujarat Technological University (GTU)
The partnerships will focus on research in AI for financial services, related software and skills development, providing students and faculty with hands-on industry exposure and opportunities to contribute to global technology and digital transformation initiatives.
Shri Harsh Sanghavi commented that HCLTech's commitment to creating local jobs and nurturing local talent aligns with Gujarat's vision of enabling youth to access global career opportunities closer to home. He noted that the AI Lab marks an important step in strengthening GIFT City's innovation ecosystem and advancing its position as a leading global TechFin hub.
C Vijayakumar, CEO & Managing Director of HCLTech, stated that Gujarat has been a beacon of progressive policies and development in India, and that GIFT City offers world-class infrastructure. He expressed that HCLTech looks forward to contributing to the local technology ecosystem and boosting industry-academia collaboration to create future-ready talent.
Company Background
HCLTech is a global technology company with more than 223,000 people across 60 countries. The company delivers capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products.
Client verticals include 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.