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HCL Technologies Limited

HCL Technologies Ltd
Public
Traded as
Industry IT services, IT consulting
Founded 11 August 1976; 41 years ago (1976-08-11)
Founder Shiv Nadar
Headquarters Noida, India
Area served
Worldwide
Key people
Services IT, business consulting and outsourcing services
Revenue Increase US$7.2 billion (2017)
Increase US$1.55 billion (2017)
Profit Increase US$1.26 billion (2017)
Number of employees
117,781 (June 2017)
Parent HCL Enterprise
Website www.hcltech.com

HCL Technologies Limited is an Indian multinational IT services company, headquartered in Noida, Uttar Pradesh, India. It is a subsidiary of HCL Enterprise. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL ventured into the software services business. HCL Technologies (the abbreviation of Hindustan Computers Limited) offers services including IT consulting, enterprise transformation, remote infrastructure management, engineering and R&D, and business process outsourcing (BPO). HCL also provides services such as DRYiCE,Cybersecurity and Digital & Analytics.

The company has offices in 34 countries including the United States, France and Germany, and the United Kingdom. It operates across sectors including aerospace and defense, automotive, consumer electronics, energy and utilities, financial services, government, industrial manufacturing, life sciences and healthcare, media and entertainment, mining and natural resources, public services, retail and consumer, semiconductor, server and storage, telecom, and travel, transportation, logistics, and hospitality.

HCL Technologies is on the Forbes Global 2000 list. It is among the top 20 largest publicly traded companies in India with a market capitalisation of $18.7 billion as of May 2017. As of July 2017, the company, along with its subsidiaries, had a consolidated revenue of $7.2 billion.

In 1976, a group of six engineers, all former employees of Delhi Cloth & General Mills, led by Shiv Nadar, started a company that would make personal computers. Initially floated as Microcomp Limited, Nadar and his team started selling teledigital calculators to gather capital for their main product. On 11 August 1976, the company was renamed to HCL.


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