In order to put Lucknow on the global IT map, HCL has announced that it will continue to invest in the Human Capital Investment in the state of Uttar Pradesh. Additionally, HCL will develop a 100-acre IT city in the state capital. The Uttar Pradesh Government has awarded the project to Vamasundari Investments Private Limited, which is an investment arm of HCL.
Earmarked to come up over a 100-acre plot of land, approximately 60 acres of the proposed IT City will be allotted to IT and ITeS, including a hi-tech skill development centre with a capacity to train more than 5,000 people, while the rest 40 acres is intended for support infrastructure and initiates of social impact.
 |
Shiv Nadar, Founder & Chairman, HCL, Shiv Nadar Foundation, said, “Four decades ago, we dreamt of positively impacting the world with microprocessors and the journey then began in partnership with the UP Government. Ever since, we have been privileged to find increasing opportunities to contribute towards the human capital development and growth in the state. We are pleased to be at the start of yet another initiative. The development of IT City will further the momentum for innovation-led growth and social development in the state of Uttar Pradesh.
HCL has it global headquarters located in Noida and offers indirect employment to 100,000 people in U.P. 30,000 of its employees out of the total of approx. 90,000 employees, work out of U.P. The company has set up North India’s first IT SEZ in Noida, which is a 46-acre campus. In its full capacity the campus, will seat 25,000 employees and generate export revenue to the tune of US$1 billion.
