The country’s fifth-largest software exporter, HCL Technologies will set up three Special Economic Zones in Noida, Chennai and Bangalore over the next two years and will hire about 35,000 software professionals to man them.
The Shiv Nadar-led company will have a capital expenditure of about Rs 800 crore over the next two years out of which Rs 500 crore will go toward the three SEZs. Chief Financial Officer of the Noida-based company SL Narayanan said that the first of these SEZs in Noida will be partly operational by middle of next year with an intake of up to 700 people initially.
He said over the next two to three years the company would hire about 35,000 professionals for these SEZs, which will be built exclusively for HCL Technologies. While the SEZs at Noida and Chennai will be able accommodate 15,000 professionals each, the centre at Bangalore will a capacity of 5,000, he said.
Delivering the 20th convocation address at Shanmugha Arts and Science Technology and Research Academy in Thanjavur, S Ramadorai, CEO and MD, TCS, said of the 30,000 odd new recruitments, most of them would be from India.
He appealed to Indian engineering graduates to continuously improve their software skills, language skills and multi-disciplinary know-how to stay ahead of others.
Stating that key to success was innovation, he said, “Tough environments give an opportunity to innovate and grow”.