HCL eyes significant growth, opens Greater Noida facility
Thursday, 01 November 2007, 19:30 IST
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Noida: Indian IT bellwether HCL Technologies Thursday said it is aiming to achieve 30 percent sales growth every year over a period of five years. HCL Tecnologies, part of $4.4 billion HCL Enterprise, is also targeting software exports to the tune of $1 billion within the next five years from its new facility in Greater Noida, near New Delhi, which was inaugurated Thursday. "We are targeting 30 percent growth in revenues in the next five years," Shiv Nadar, founder of HCL, told reporters here. The firm would invest $250 million over a span of five years and have the capacity to house 15,000 professionals. HCL Technologies will start their operations in Poland next month. Vineet Nayar, president of HCL Technologies, said the company would soon announce the start of its operations in the US as well. The company would be opening similar campuses in Chennai and Bangalore by the second half of 2008.
Source: IANS
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