Announcement

On 26 October 2026, HCLTech (listed on NSE and BSE as HCLTECH) and Japan‑based Rapidus Corporation jointly announced the inauguration of two HCLTech development centres in India, located in Bengaluru and Hubli. The centres are dedicated to meeting Rapidus' evolving semiconductor engineering requirements.

Capabilities Offered

The new facilities will deliver a suite of semiconductor engineering services, including mask design, design infrastructure, process design kit (PDK) development, design‑technology co‑optimization, and layout design. These capabilities are intended to accelerate Rapidus' next‑generation logic semiconductor programmes and compress time‑to‑market for advanced chips.

Talent Collaboration

HCLTech will collaborate with Rapidus to create a pipeline of Indian engineering talent, addressing Rapidus' talent needs in Japan. The partnership is positioned as a strategic move to leverage India’s growing pool of semiconductor engineering expertise while supporting Rapidus' long‑term objectives in Japan.

Executive Statements

Dr. Atsuyoshi Koike, Representative Director and CEO of Rapidus, said the collaboration will give Rapidus access to India’s engineering talent and dedicated development capabilities that complement its operations in Japan. C Vijayakumar, CEO and Managing Director of HCLTech, highlighted that advanced semiconductors will define the next decade’s technologies and that the partnership reflects deepening Japan‑India strategic collaboration, aiming to accelerate chip adoption and lay foundations for future semiconductor innovation.

Company Background and Financials

HCLTech is a global technology services firm with more than 230,000 employees across over 60 countries, offering AI, digital, engineering, cloud, and software solutions to sectors such as financial services, manufacturing, life sciences, technology, semiconductor, telecom, retail, mobility, and public services. For the twelve‑month period ending September 2026, HCLTech reported consolidated revenue of US$14.8 billion.

About Rapidus Corporation

Rapidus Corporation is a Japanese company focused on developing and manufacturing the world’s most advanced logic semiconductors. It aims to create new industries through services that shorten design cycles, wafer processes, 3D packaging, and related technologies, contributing to broader societal prosperity.