Announcement
HCLTech Ltd (NSE: HCLTECH, BSE: HCLTECH) and Japan's Rapidus Corporation officially inaugurated two HCLTech development centres in India on 26 October 2026. The centres are located in Bengaluru and Hubli and are dedicated to supporting Rapidus' evolving semiconductor engineering requirements.
Capabilities Offered
The centres will provide a range of semiconductor engineering capabilities, including mask design, design infrastructure, process‑design‑kit (PDK) development, design‑technology co‑optimization and layout design.
Talent Development
HCLTech will collaborate with Rapidus to build a pipeline of Indian engineering talent to meet Rapidus' future talent requirements in Japan, thereby strengthening the bilateral engineering ecosystem.
Financial Context
HCLTech, a global technology company with more than 230,000 employees across over 60 countries, reported consolidated revenues of $14.8 billion for the twelve months ended September 2026.
Executive Comments
"Building a strong engineering ecosystem is essential as Rapidus advances our mission to establish next‑generation semiconductor manufacturing capabilities in Japan," said Dr. Atsuyoshi Koike, Representative Director and CEO of Rapidus Corporation. "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."
"Advanced semiconductors will define the technologies of the next decade," said C Vijayakumar, CEO and Managing Director of HCLTech. "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."