2/12/2007

HCL Technologies to set up centres in Poland and China this fiscal

HCL Technologies is planning to set up centres in Poland and China later during the year, reports Business Line.

Alongside, the company is expanding its facilities within the major cities it is currently located in and is scouting for more centres particularly Tier II cities.
The corporate vice-president, HCL Technologies, Rajiv Swarup, said that while the Poland centre will be commissioned soon, the Chinese centre is likely by the year-end. Both of them would serve as near shore centres.

``As a group, we now have about 41,000 employees and we believe that this number would swell past the 1 lakh mark by 2010. Last fiscal, HCL Technologies registered faster than the industry growth and expects more than 30% growth this year. The headcount will go past 54,000-55,000 mark,`` he said.

As a group, the combined HCL turnover is about USD 3.7 billion, and of this, USD 1.1 billion is from HCL Technologies and the rest from HCL Infosystems.

HCL Technologies announced the opening up of a dedicated centre in Hyderabad for Microsoft.

Shares of the company closed lower by Rs 0.10, or 0.02%, at Rs 660.05. Total volume of shares traded at the BSE was 150,485. (Friday).
Source:myiris.com



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