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HCLTech Approves Rs 3,500 Crore Plan to Build AI Data Centres

The company says the investment will enable an end-to-end AI offering by supplying GPU-heavy sovereign compute at a scale of about 50 MW.

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.