1. AI Data Center entry - HCLTech committed up to ₹3,500 cr for AI data centers in India, scaling to 50MW, and signed an MoU with the Odisha government for its first facility at the Odisha Sovereign AI Park with a planned capital outlay of Rs 14,257 crores. India's data center capacity is set to grow to 5-7GW by 2030 from 1.8GW, and management is in advanced discussions for committed client consumption from day one.
2. AI Factory expansion - A global technology major expanded its AI Factory partnership by over $180 million for AI datacenter build-out, on top of a $100M+ program won in Q4 FY26. Management targets three to four additional AI Factory clients in the coming year, addressing a trillion-dollar global AI capex opportunity.
3. Advanced AI revenue scale - Advanced AI revenue reached $171 million in Q1 FY27, up 62.1% YoY, with FY26 annualized revenue of $620 million. AI-native services target 25-30% growth, and AI Labs has delivered over 1,000 engagements for about 500 clients.
4. HPE Telecom acquisition closed - HCLTech completed the acquisition of HPE's Telco Solutions Business on August 1, 2026, building on the CTG assets acquired in 2024. The earlier CTG acquisition is delivering in line with its business plan and enabled addressing a larger global telecom client base.
5. Fortune Global 50 mega deal - A Europe-headquartered Fortune Global 50 firm signed a $1.14 billion, five-and-a-half-year contract for AI-led digital workplace and enterprise network transformation, entirely net new business. Steady state is expected from April 2027, with Q1 FY27 bookings of $2.4 billion excluding this deal.
6. Sarvam AI strategic stake - HCLTech invested ₹1,427.25 cr for a 10.46% stake in Sarvam AI, India's full-stack sovereign AI company, as lead investor in its $234 million Series B first close. Sarvam's platform processes 1 crore API calls daily with usage tripling in three months, and HCLTech will use the models for client-specific sovereign AI solutions.
7. Guardian India acquisition - HCLTech acquired Guardian India for $10.5 million, adding nearly 2,000 employees and a dedicated Strategic Business Unit under a seven-year expanded partnership. Guardian India's FY26 revenue was ₹578.8 crore, and the deal expands AI Force deployment across Guardian's business.
8. Jaspersoft acquisition - HCLSoftware completed the Jaspersoft acquisition on July 2, 2026, adding embedded analytics to Actian's data management portfolio. Management expects $10-15 million contribution per quarter, with approximately 1,000 enterprise customers and 90 partners joining Actian's network.
9. Semiconductor engineering wins - HCLTech won an AI engineering services deal from a global semiconductor major for ASIC development across multiple advanced node chips in Q4 FY26. With 95% first silicon success and eight of the top 10 R&D spenders as clients, the company is investing in a large-scale advanced semiconductor lab.