HCL Technologies, India’s third-largest IT company, is gearing up for significant expansion, with CEO Vijayakumar announcing plans to onboard 10,000 freshers in the coming year. This bold move comes in the wake of the company’s recent flat year-on-year net profit growth, highlighting HCL’s commitment to leveraging emerging opportunities and nurturing talent in the tech industry.
Vijayakumar emphasized the company’s positive growth trajectory, citing a 5.4% increase in FY24 despite challenging market conditions. With a strategic focus on talent acquisition, HCL added over 2,700 employees in Q4 alone, underscoring its dedication to driving innovation and delivering value to clients.
While acknowledging the uncertainties of FY25, Vijayakumar expressed optimism about HCL’s hiring plans, stating that the company is poised to recruit 10,000 freshers, contingent upon market dynamics and business performance. This proactive approach reflects HCL’s confidence in its growth potential and its commitment to nurturing the next generation of tech talent.
In addition to ramping up its workforce, HCL is eyeing strategic acquisitions in key sectors such as semiconductor and automotive. Vijayakumar highlighted the company’s interest in acquiring platforms that generate strong annuity revenues and expanding its footprint in geographies like Japan, signaling HCL’s strategic vision for future growth and market leadership.
As HCL Technologies continues to innovate and adapt to evolving market trends, Vijayakumar’s ambitious hiring plans underscore the company’s dedication to driving digital transformation and seizing opportunities in the burgeoning GenAI landscape. With a focus on talent development and strategic expansion, HCL is well-positioned to capitalize on emerging trends and solidify its position as a global leader in technology solutions.
