Hexaware Technologies Limited has informed the Exchange regarding a press release dated May 02, 2025, titled "Press Release on Hexaware Inaugurates New UK Headquarters in London s Canary Wharf".
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Hexaware Technologies has opened its new UK headquarters at One Canada Square, Canary Wharf, London on 1st May 2025. The company said the UK is its second-largest global market, having grown at a 25% CAGR over the past five years and delivered a tenfold increase over the last decade. The new office will act as a co-innovation centre focused on AI, data management, digital engineering, and cybersecurity, serving clients in banking, financial services, insurance, healthcare, manufacturing, retail, travel, and high-tech. Hexaware currently has around 650 employees in the UK and plans to double its UK headcount over the next three years, supported by a major delivery centre in Birmingham.
This signals a major push into the UK and European market, which could support future revenue growth and strengthen Hexaware's position as a global IT services player. Investors may view this as a positive strategic move, though meaningful financial impact will depend on execution and client wins from the expanded footprint.