HCL inaugurates first IT hub in Noida

NEW DELHI, INDIA: HCL Technologies has inaugurated its first hub in Noida and also announced the setting up of second hub in Bangalore, which would be operational next year.

Kamal Nath, Minister of Commerce and Industry inaugurated the Noida Hub in the presence of Dr A.P.J Abdul Kalam, former President of India and P Chidambaram, Finance Minister.

HCL would invest over Rs 1000 crore ($250 million) in the HCL Technology Hub, which is envisioned to become the crucible of knowledge sharing, fermentation of ideas and the incubation and development of powerful next-generation intellectual property, HCL said in a statement.

The 46-acre facility will have two million sq. ft of space for 15000 professionals developing technologies for the future; and generate revenues in excess of $1 billion annually. This Tech Hub will set a benchmark in ‘green’ buildings, compliant with and exceeding international standards in energy efficiency, safety and security.

Shiv Nadar, founder - HCL, said, “Since its inception three decades ago, HCL has always dared to dream fearlessly and is responsible for many firsts in the computing landscape. We could well be called a ‘Pioneer of Modern Computing’. Today we are daring to dream again for our collective tomorrow by ‘Building Technologies of the Future’. We shall be extending such technology hubs beyond large cities, to the Tier II cities of Nagpur, Madurai and Lucknow; truly taking technology to where the talent is.”