HCL Tech’s Rs 3,500 crore AI data centre foray: A new growth engine or capital-intensive diversion?
The Times of India·July 14, 2026
HCL Technologies is investing up to Rs 3,500 crore in AI data centres to build a full-stack AI ecosystem spanning infrastructure, compute and managed services. While the phased investment could create a new growth engine, investors will closely watch capital deployment, returns and demand visibility before assigning meaningful value to the venture.
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