HCLTECH on National Stock Exchange of India

HCL Technologies

Logo: Ranjeetpandey2, CC0, via Wikimedia Commons3

Indian multinational technology company

HCL Technologies Limited (HCLTech) is an Indian multinational technology company headquartered in Noida, Uttar Pradesh. It was spun out of HCL Group in 1991 when HCL entered into the software services business.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1991Founded1

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  • TickerHCLTECH on National Stock Exchange of India1
  • Industryinformation technology, outsourcing, software development1
  • HeadquartersNoida1
  • Websitewww.hcltech.com
HCL Tech Noida SEZ Campus
Photo: Mohit Agarwal, CC BY-SA 3.0, via Wikimedia Commons4

HCL Technologies Limited (HCLTech) is an Indian multinational technology company headquartered in Noida, Uttar Pradesh. It was spun out of HCL Group in 1991 when HCL entered into the software services business. Founded by Shiv Nadar, the company maintains a presence in 60 countries, while it employs over 230,000 individuals. Additionally, it is the third-largest India-headquartered IT services company by revenue and market capitalization. The company unveiled its brand identity "HCLTech", underpinned by the distinct positioning of Supercharging Progress™, in 2022.2

How it started

Formation and early years

The company originally focused on hardware, but software and services became the main focus through HCL Technologies. On 12 November 1991, HCL Technologies was spun off as a separate unit, being incorporated as HCL Overseas Limited, a provider of software and technology development services.

In 1993, the company also started providing enterprise IT infrastructure management services, winning an order to establish India's first floorless, electronic stock exchange for NSE.

In July 1994, the company name was changed to HCL Consulting Limited. On 6 October 1999, the company was renamed 'HCL Technologies Limited' for "a better reflection of its activities."

Between 1991 and 1999, the company expanded its IT services capacities to US, European and APAC markets.

IPO and subsequent expansion

From Wikipedia’s article on HCL Technologies, shared under CC BY-SA 4.0.2

Leadership

Who has led HCL Technologies, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. 1991Founded Founded1

Sources

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