HCLTech announces AI Data Center in Bhubaneswar in partnership with Sarvam and Government of Odisha

Further to the announcement dated July 13, 2026, relating to its proposed entry into the full-stack AI market, HCLTech, a global technology company, today said that it plans to set-up its first AI Data Center in the upcoming Odisha Sovereign AI Park.

The AI Data Center will be established in partnership with Sarvam and the Government of Odisha. The planned capital outlay for the project will be Rs 14,257 crores, including financial assistance from the Government of Odisha.

This investment will boost India's sovereign AI play and local developer ecosystem by leveraging HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to private and public sector enterprises and address the government's sovereignty needs. It will also contribute to delivery of multi-lingual AI based services to the last mile, in line with Hon'ble Prime Minister Sh. Narendra Modi's clarion call of AI for the benefit of everyone.

A Memorandum of Understanding to this effect was signed between HCLTech, Government of Odisha and Sarvam in the presence of the Hon'ble Chief Minister of Odisha, Sh. Mohan Charan Majhi; Dr Mukesh Mahaling, Hon'ble Minister of Electronics and IT, Government of Odisha; Roshni Nadar Malhotra, Chairperson, HCLTech; C Vijayakumar, CEO & MD, HCLTech and Pratyush Kumar, CoFounder of Sarvam.

Roshni Nadar Malhotra, Chairperson, HCLTech commented, "HCLTech has been a flagbearer of India's technology industry. In line with the Digital India and Atmanirbhar Bharat vision of Hon'ble Prime Minister Sh. Narendra Modi, we strive to be an enabler of India's sovereign AI ecosystem with differentiated offerings across the value chain through focused investments and partnerships. We are pleased to start this endeavor in partnership with Odisha government and Sarvam."

"This is an important milestone in our full-stack AI play and will enable us to serve the large demand for sovereign AI solutions and unlock the scale of our strategic partnership with Sarvam. Odisha offers a progressive policy environment backed by excellent infrastructure and we look forward to working with them in collaboration with Sarvam, added C Vijayakumar, CEO & Managing Director, HCLTech.

According to Pratyush Kumar, Co-Founder, Sarvam, "The Odisha Sovereign AI Park will connect high-performance compute with Indian models and real-world applications. Together with HCLTech, we are excited to bring Sarvam's full-stack AI capabilities to enterprises and public systems at scale."

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.

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1244.85 as compared to the previous close of Rs. 1237.25. The total number of shares traded during the day was 153810 in over 15329 trades.

The stock hit an intraday high of Rs. 1248.75 and intraday low of 1228.30. The net turnover during the day was Rs. 191068963.00.

Source : Equity Bulls

Keywords

HCLTechnologies INE860A01027 Osidha SovereignAIPark