HCLTech launches full-stack AI offering, powered by new AI data center investment

HCLTech, a leading global technology company, today announced its entry into the full-stack AI market to address the complete spectrum of full-stack business opportunities arising from growing demand for AI-led services and solutions across private sector and government. This will be powered by a strategic investment of up to ₹3,500 crore to establish AI data centers, with the potential to scale to 50MW of capacity. The AI data center investment is complemented by HCLTech's existing capabilities across AI data center design, DevOps and AI cloud operations as well as our software portfolio, enabling a truly integrated end-to-end play.

The proposed investment shall be made through the Company's new subsidiary and step-down subsidiaries that will be set-up for this business.

India is the among the fastest growing technology markets globally and a growth market for HCLTech. The country's data center ecosystem is on a rapid growth trajectory, driven by strong demand from a vibrant digital economy, data localization and critical infrastructure needs to support GPU deployments for AI training and inference workloads. Data center capacity is expected to grow to 5-7GW by 2030 from the current 1.8 GW, with a significant part of that growth in AI data centers.

C Vijayakumar, CEO & Managing Director, HCLTech said, "The convergence of AI-led demand, supply constraints and push for digital sovereignty presents a compelling opportunity for us to emerge as a full-stack AI technology solutions provider. Our entry into the AI data center space positions us to capture the full value of this opportunity, as the industry transitions from physical infrastructure to higher-value, AI-ready solutions. Our managed services and outcome-based services to our global clients would also benefit significantly from this investment."

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1221.00 as compared to the previous close of Rs. 1162.65. The total number of shares traded during the day was 590583 in over 19242 trades.

The stock hit an intraday high of Rs. 1237.15 and intraday low of 1162.40. The net turnover during the day was Rs. 711816854.00.

Source : Equity Bulls

Keywords

HCLTechnologies INE860A01027 FullStack AIOffering