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HCL Technologies commence operations in Sri Lanka to service global clients

HCL Technologies commence operations in Sri Lanka to service global clients

One of the leading global technology companies, HCL Technologies (HCL) has reportedly commenced operations in Sri Lanka. 

According to reports, HCL plans to create over 1,500 new local employment opportunities for both freshers and experienced professionals, within the first 18 months of kick-starting its operations from its office in Colombo and a key part of the company’s business and development strategy in Sri Lanka will be to use local talent pool of Sri Lanka for global assignments. 
“We are excited to share that HCL Technologies – one of the world’s leading technology companies is now ready to kick-start hiring initiatives in Sri Lanka,” Board of Investment (BOI) of Sri Lanka Chairman Susantha Ratnayake has said. 

“This is a significant step in the direction of the vision HCL has set out for building its global delivery centre in Sri Lanka. I am hopeful HCL will be able to create employment opportunities for the people of the country and people of Sri Lanka will have access to global work environment right in their own country. We are excited about this and I am hopeful Sri Lanka will soon emerge as IT destination for more companies.”
HCL Technologies Corporate Vice President Srimathi Shivashankar has said, “We are very excited as our operations have already started in the region and are looking forward to hiring and engaging with the highly skilled and talented people of Sri Lanka while bringing them the opportunity of working with a global technology company, at their door-step without having them to move out of their own country. Our delivery centre in Sri Lanka will play an important role to serve our Fortune 500 and Global 2000 clients and partners throughout the globe.”
HCL joined hands with the BOI in February to launch its local entity – HCL Technologies Lanka Ltd. and set up its first delivery centre in the region.

Through this new entity, HCL will provide services to global clients in the areas of Applications and System Integration Services and Infrastructure Services. 
HCL will also implement its Work Integrated Education Programme to foster growth by actively cooperating with local ICT and engineering institutions in order to develop and train the local talent pool.

The company would help the local workforce “stay rooted” in their native place and will invite Sri Lanka expats to come back home and be a part of this transformational journey. HCL will also introduce its ‘ideapreneurship’ culture – which is based on the fundamental belief of inverting the organisational pyramid and engaging, enabling, and empowering the front line. 
“Our relationship with customers goes beyond the contract. We will empower and encourage our employees in Sri Lanka through our unique work culture of ‘Ideapreneurship’ where we believe in business-driven and customer-focused innovation, in which every employee has a license to ideate. 
“By imbibing our ideapreneurship culture, we will be aiming to provide best-in-class support to our global clients with the help from the local talent pool,” Shivashankar has added.

OSL take:
Sri Lanka has been identified as a fast emerging destination of choice for the global ITO and BPM market. It has been further reported that Sri Lanka is one of the best destinations for providing off-shore services for Information Technology Enabled Service (ITEs) as well as services related to Finance and Accounting, Legal, Insurance, Banking, and Telecommunication. It is therefore evident that global giant HCL has identified this potential in Sri Lanka. Also, Sri Lanka’s geographical positioning in the Indian Ocean, the ease of doing business environment and the many trade agreements as well as trade concessions enjoyed by the country have made it an ideal business destination in the South Asian region. Foreign businesses/investors could therefore confidently explore business/investment opportunities in Sri Lanka.

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Article Code : VBS/AT/10072020/Z_1

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