HCL commits USD 1 billion investments in Tamil Nadu

Manjiri Meshram / 15 Sep 2015

HCL commits USD 1 billion investments in Tamil Nadu

HCL will invest USD 1 billion (around Rs 6647 crore) as part of its expansion plans in Tamil Nadu in the next five years in the state. The Company is allocating a billion dollar investments in next five years in addition to the investments.

HCL will invest USD 1 billion (around Rs 6647 crore) as part of its expansion plans in Tamil Nadu in the next five years in the state. The Company is allocating a billion dollar investments in next five years in addition to the investments.

Today HCL's global revenues are about Rs. 45,000 crores with about 1.10 lakh employees. Out of these, 95000 are in India and 35,000 of the employees are in Tamil Nadu. The Company's further plans are to spread out money and setting up development centres to Madurai and Tirunelveli.

HCL Chairman Shiv Nadar said “Having studied and grown up in Tamil Nadu, I chose to make investments here. We have two development centres in Chennai and Coimbatore with total investments of about Rs. 6,000 crores."

The HCL group has till date invested around Rs.6,000 crore in Tamil Nadu. Tamil Nadu is important for the HCL group as maximum company units and employees are in the state. The group has operations in Chennai and Coimbatore.

Four decades ago as a first generation entrepreneur company it started with a small team in Tamil Nadu itself. Now the company operates in Uttar Pradesh and Tamil Nadu. That is why HCL has chosen this area of research in Tamil Nadu.


Recently, Manchester United has announced a ground-breaking global partnership with leading IT services company HCL Technology (part of HCL Group). HCL and Manchester United will work together to explore and expose a number of digital initiatives to transform the experience of the club's 659 million global followers.

To the company this partnership is unique and creates value not just for Manchester United and its fans, but also for all forward-looking organizations across the world.

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