HCLTech to invest up to Rs 3,500 crore in AI data centers in India
HCLTECH · price
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HCLTech board approved investment of up to Rs 3,500 crore to set up AI data centers in India through new wholly-owned subsidiaries, with potential to scale to 50MW capacity. The move powers HCLTech's new full-stack AI offering for private sector and government clients. Initial subsidiary setup cost is Rs 15 lakhs. India data center capacity is seen growing from 1.8GW to 5-7GW by 2030. HCLTech reported trailing 12-month revenues of $14.8 billion ending June 2026.
Major capex commitment signals HCLTech's AI infrastructure push; supports long-term growth but may pressure near-term margins and cash flows.