HCLTech, formally HCL Technologies Limited, is an Indian multinational information technology services and consulting company headquartered in Noida, Uttar Pradesh. It provides software development, IT consulting, business process outsourcing, infrastructure management, engineering and research and development services to clients across industries including financial services, manufacturing, telecommunications, healthcare and retail. The company is one of the constituents of India's "Big Five" IT services firms and is listed on the BSE and NSE.
| Type | Public company |
|---|---|
| Industry | Information technology, consulting, outsourcing |
| Headquarters | Noida, Uttar Pradesh, India |
| Parent group | HCL Group |
| Founder | Shiv Nadar (group founder) |
| Listings | Bombay Stock Exchange, National Stock Exchange of India |
| Brand identity | Rebranded from HCL Technologies to HCLTech in 2022 |
HCLTech traces its origins to Hindustan Computers Limited (HCL), founded in 1976 by Shiv Nadar and a group of associates who left DCM to build indigenous computing hardware. Over the following decades, the HCL Group diversified into software services and global IT delivery. HCL Technologies was incorporated as a separate entity to focus on global software services and was later listed on Indian stock exchanges, becoming the publicly traded services arm of the group.
HCLTech's offerings are typically organised across three broad streams:
The company operates delivery centres in India and across multiple countries, with a workforce drawn from numerous nationalities. Its largest delivery hubs in India are located in Noida, Chennai, Bengaluru, Hyderabad and Pune.
HCLTech is part of the broader HCL Group, in which the founding Nadar family retains a significant stake. Roshni Nadar Malhotra, daughter of founder Shiv Nadar, chairs the company. The executive leadership has been led by professional managers including Vineet Nayar and, more recently, C. Vijayakumar as Chief Executive Officer and Managing Director.
HCLTech is regarded as one of the pioneers of the Indian IT services industry, alongside Tata Consultancy Services, Infosys and Wipro. It is notable for its early focus on infrastructure management services and engineering R&D, segments where it built scale earlier than several peers. The company has also contributed to the growth of the National Capital Region as an IT and outsourcing hub, particularly around Noida.