Hexaware to invest £25 million in UK expansion, creating 1,200 jobs

1 min read     Updated on 17 Jun 2026, 11:13 PM
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Hexaware Technologies will invest £25 million to expand its UK operations, creating 1,200 jobs in Manchester, Leeds, and Birmingham over the next three to five years. The investment includes expanding a delivery center in Birmingham and establishing R&D centers in Manchester and Leeds, focusing on AI, digital services, and quantum computing. This initiative supports the UK Government's AI and clean energy agenda and was highlighted at the G7 Summit on June 16, 2026.

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Hexaware Technologies plans to invest £25 million to expand its UK operations, a move expected to create around 1,200 jobs across Manchester, Leeds, and Birmingham over the next three to five years. The investment focuses on accelerating innovation in AI, digital services, and quantum computing, while supporting the UK Government's agenda for inclusive AI and clean energy. The UK is Hexaware's second-largest global market and its fastest-growing geography.

Expansion Plans and Strategic Focus

The company will expand its delivery center in Birmingham and establish new R&D centers in Manchester and Leeds. This expansion was among the international commitments highlighted by the UK Government at the G7 Summit on June 16, 2026. The initiative aims to develop local talent, advance research, and drive modernization in citizen and public services.

The following table outlines the planned facilities across key UK locations:

Location Facility Type
Manchester R&D Center
Leeds R&D Center
Birmingham Expanded Delivery Center

Leadership Perspective

R. Srikrishna, CEO & Executive Director, Hexaware, stated that the company has worked alongside UK businesses for over three decades. He emphasized that the investments are focused on developing young talent, working with unique published datasets, and collaborating with government at all levels to create a positive impact for citizens. Srikrishna noted that these efforts would fuel the UK's long-term economic growth.

Parameshwaran (Param) Iyer, Executive Vice President, Head – UK and Europe, Hexaware, highlighted that the UK is one of the company's fastest-growing markets. He said the investment reflects the confidence clients and the UK Government place in Hexaware, allowing the company to build with clients on the ground rather than for them. Hexaware opened its UK headquarters in London's Canary Wharf in 2025.

Historical Stock Returns for Hexaware Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.68%-3.54%+3.92%-33.92%-39.77%-34.02%

How will Hexaware's focus on quantum computing influence the competitive landscape for digital services in the UK?

What specific partnerships with UK businesses or government bodies are expected to emerge from this expansion?

How might this investment impact Hexaware's market share in the UK compared to its global competitors?

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Hexaware opens GIFT City center to serve global BFSI clients

1 min read     Updated on 15 Jun 2026, 06:49 PM
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Hexaware Technologies opened a new delivery center at GIFT City, Gujarat, on June 13, 2026, inaugurated by Chief Minister Bhupendra Patel. The center will serve global BFSI clients with a focus on digital solutions, AI, and cloud transformation. The company plans to create approximately 1,000 high-skilled jobs over the next three years.

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Hexaware Technologies inaugurated a new delivery center at Gujarat International Finance Tec-City (GIFT City) on June 13, 2026, to serve its global banking, financial services, and insurance (BFSI) clients. The center was inaugurated by Shri Bhupendra Patel, Hon'ble Chief Minister of Gujarat. It will focus on digital solutions, artificial intelligence (AI), cloud transformation, data engineering, and next-gen software services. This expansion leverages the company's established presence in Ahmedabad and Gujarat to build a technology and innovation hub for financial institutions across global markets.

The company aims to create approximately 1,000 high-skilled jobs over the next three years. These roles will span software engineering, digital transformation, AI, cloud, data analytics, business operations, and customer experience services. The GIFT City center adds to Hexaware's growing delivery footprint in India, supporting its work with BFSI clients globally.

Strategic Alignment and Leadership Commentary

R. Srikrishna, CEO & Executive Director, stated that the expansion aligns with the strategy of being closer to customers while leveraging India's talent ecosystem. He emphasized the company's excitement to contribute to Gujarat's technology landscape and create career opportunities for skilled professionals.

Vikash Kumar Jain, Chief Financial Officer, highlighted the compelling proposition of GIFT City. He noted that the financial services landscape, quality of talent, and the state government's policy framework were key factors in the decision.

Key Details of the Expansion

The following table summarizes the key aspects of Hexaware's new delivery center at GIFT City:

Aspect: Details
Location: Gujarat International Finance Tec-City (GIFT City)
Inaugurated by: Shri Bhupendra Patel, Hon'ble Chief Minister of Gujarat
Target Clients: Global BFSI clients
Service Focus: Digital solutions, AI, cloud transformation, data engineering, next-gen software
Planned Job Creation: ~1,000 high-skilled jobs over 3 years

Historical Stock Returns for Hexaware Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.68%-3.54%+3.92%-33.92%-39.77%-34.02%

How will the GIFT City center influence Hexaware's competitive edge in the global BFSI market?

What are the potential revenue contributions from the new center over the next three years?

Could this expansion lead to similar hubs in other emerging financial zones?

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1 Year Returns:-39.77%