Overview
- HCL Technologies' board approved the up-to-Rs 3,500 crore investment to set up AI-ready data centres in India, a plan the company disclosed in mid-July.
- The build will be executed through newly formed subsidiaries and step-down entities and is designed to be scalable to roughly 50 megawatts of GPU-focused capacity.
- CEO C Vijayakumar said HCLTech is already in talks with potential customers and is close to closing a commercial deal for the new data-centre capacity.
- The announcement follows internal shifts this quarter that included cuts of about 3,300 jobs and signals a shift of resources toward higher-value AI products and services.
- HCLTech frames the move as part of a full-stack AI push that pairs its data-centre design and cloud operations with GPUs, models and software as India’s data-centre capacity is forecast to expand sharply through 2030.