HCL Technologies Limited has informed the Exchange regarding 'Release -HCLTech launches its second delivery center in Kerala, India'.
HCLTECH · price
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HCLTech has inaugurated a new delivery center in Thiruvananthapuram, Kerala, located at Technopark. This is the company's second delivery center in Kerala, following the first one in Kochi opened in October 2024. The center will deliver projects in AI, GenAI, Cloud, and emerging technologies to clients including Allianz Technology. HCLTech, with over 223,000 employees across 60 countries and $13.8 billion in trailing 12-month revenues (as of March 2025), aims to tap local talent and expand its innovation-driven capabilities in the region.
Positive for long-term growth as it strengthens HCLTech's delivery footprint and access to Kerala's IT talent pool, though no immediate material financial impact is expected from a single delivery center announcement. Investors should watch for incremental revenue contribution in upcoming quarters.