HCLTech is expanding its HCL IT City with a ₹500 crore investment to create new office space and support more technology professionals. This expansion will add up to 9.5 lakh square feet of capacity, allowing the company to house 4,500 additional employees. The move marks a significant step in HCLTech's growth and commitment to technology development.
- Expansion will add 9.5 lakh sqft of office space.
- New capacity to accommodate 4,500 technology professionals.
- Launch of HCL-GUVI Emerging Technology Centre for AI and data analytics training.
- Training planned for 1,000 students in AI and related fields during FY27.
- HCLTech’s market capitalization stands at ₹3.27 lakh crore as of October 6, 2026.
- HCLSoftware to acquire Croatian RPA platform provider Robotiq.ai.
What is the scope of HCLTech's IT City expansion?
The expansion will add fresh capacity of up to 9.5 lakh square feet at HCL IT City. This new space is designed to accommodate 4,500 technology professionals, supporting HCLTech's growing workforce and operations. The expansion reflects the company's focus on scaling its global delivery capabilities.
What new initiatives has HCLTech launched alongside the expansion?
On the 10th anniversary of HCL IT City operations, HCLTech launched the HCL-GUVI Emerging Technology Centre. This center aims to provide students and professionals with training in artificial intelligence (AI), data analytics, and other emerging technologies. Additionally, HCLTech plans to train 1,000 students across Uttar Pradesh in AI and allied technologies through its LITMUS program during the fiscal year 2026-27.
How significant is HCL IT City to the company?
Since its inception in 2016, HCL IT City has become one of HCLTech's key global delivery centers. It currently employs more than 12,500 people and serves over 150 global enterprises. The expansion will further strengthen its role as a major hub for technology services and innovation.
What recent acquisitions has HCLTech made?
HCLTech's software division, HCLSoftware, is acquiring Robotiq.ai, a Croatia-based enterprise robotic process automation (RPA) platform provider. The acquisition, valued at 9 million euros, will be completed by the end of November 2026. Robotiq.ai specializes in automating repetitive business processes and serves clients in banking, insurance, and telecommunications.
How has HCLTech's stock performed recently?
On October 6, 2026, HCLTech shares closed at ₹1,204.40 on the National Stock Exchange, up slightly by 0.21%. However, the stock has declined 26% year-to-date. It reached a 52-week high of ₹1,780.10 in February 2026 and a low of ₹1,030 in July 2026. The company’s market capitalization is ₹3.27 lakh crore as of early October.
What upcoming events are important for HCLTech?
HCLTech is scheduled to report its earnings for the second quarter of the 2026-27 financial year on October 12, 2026. On the same day, the board will consider the payment of the third interim dividend for FY27. These events will provide further insight into the company's financial health and future plans.
