Technology

HCL Expands Investment In The United Kingdom

Noida, India – HCL Technologies (HCL), a leading global technology company, today announced the expansion of investment in the United Kingdom with the hiring of 1,000 technology professionals to support its clients in the UK and around the world. The company plans to hire these professionals in the fields of digital transformation, cloud, artificial intelligence, and cybersecurity for its London, Greater London, and Manchester offices. During a virtual meeting to convey this commitment, HCL also welcomed UK’s aid to India by PM Boris Johnson in light of the current COVID-19 crisis.

HCL has been present in the UK since 1997 and today its UK operation employs 3,500+ people across various locations, supporting 50+ clients. HCL was recently recognized as a Top Employer in the UK for the fifteenth consecutive year by the prestigious Top Employers Institute.

The virtual meeting between UK Prime Minister Boris Johnson’s with HCL’s CEO C Vijayakumar and Sr. Corp. Vice President, Ashish Kumar Gupta, was held as part of PM Johnson’s virtual tour to create stronger business ties between the UK and India. During the meeting, C Vijayakumar reaffirmed the company’s commitment to the UK, highlighting HCL’s successful partnerships with many of the UK’s largest corporations to assist them on their growth and transformation journeys.

“We welcomed the opportunity to speak to the Honorable Prime Minister of UK, Mr. Boris Johnson regarding HCL’s vision for the UK market and thanked him for his country’s continued support as India navigates the COVID-19 crisis,” said C Vijayakumar, CEO, HCL Technologies. “The UK has played a key role in HCL’s growth and success journey for more than two decades. It is home to some of our most prestigious clients and is a hotbed of IT talent. By creating new local jobs in the region, we want to reaffirm our commitment to catalyzing innovation and building competitive digital talent pools in the region.”

UK Prime Minister, Boris Johnson, said, “India and the UK are two countries on the forefront of IT innovation. Thanks to companies like HCL Technologies, we can continue to lead the way together – creating good, skilled jobs and helping both countries to build back better.”

We would like to thank our employees, clients, partners, and local communities in the UK for their ongoing support to the company. HCL is grateful to the Department for International Trade and the British High Commission for their continued support in our growth journey.

About HCL Technologies

HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1- 2-3 strategy, based on its deep-domain industry expertise, customer-centricity, and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises.

HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations, and next generational digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering. P&P provides modernized software products to global clients for their technology and industry-specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities, and broad global network, HCL delivers holistic services in various industry verticals, categorized as Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services.

As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability, and education initiatives. For the 12 months ended March 31, 2021, HCL had consolidated revenue of US$ 10.17 B. Its 168,977 Ideapreneurs operate out of 50 countries.

Forward-looking Statements   

Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words ‘planned’, ‘expects’, ‘believes’,’ strategy’, ‘opportunity’, ‘anticipates’, ‘hopes’ or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, business process outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward-looking statements made herein will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward-looking statements made herein are based on information presently available to the Management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

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