HCLTech partners with Wacker to set up global capability center in Pune

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • HCL Technologies partners with Wacker Chemie AG to establish a Global Capability Center in Pune
  • The center will focus on engineering, IT, and digital transformation initiatives
  • HCLTech will leverage DevSecOps and automation expertise to build the facility
  • Wacker reported annual sales of €5.5 billion in fiscal 2025
  • HCLTech consolidated revenues reached $14.8 billion for the 12 months ending June 2026
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HCL Technologies has partnered with Wacker Chemie AG to establish a Global Capability Center (GCC) in Pune, India. The collaboration aims to support Wacker's engineering, IT, and digital transformation initiatives.

Partnership details

The agreement marks a strategic expansion for both firms. HCLTech will leverage its expertise in DevSecOps and automation to build a high-performing team at the new facility. This center is designed to provide a flexible, resilient, and future-ready delivery foundation for Wacker's global operations.

Parameter Details
Facility location Pune
Collaborating partner HCL Technologies
Center type Global Capability Center
Focus areas Engineering, IT, and digital transformation

Fabian Seibold, Director of the Wacker Excellence Hub Pune, stated that the GCC is an important step in strengthening global delivery and digital execution capabilities. He noted that HCLTech's experience in scaling such centers supports agility, governance, and long-term growth.

Dr. Frank Fehler, Executive Vice President and Country Head - Germany at HCLTech, described the engagement as a milestone in Wacker's digital transformation journey. He emphasized the company's role as a trusted partner in this long-term engineering and digital evolution.

Kiran Cherukuri, EVP and Global GCC Practice Head at HCLTech, highlighted the phased customer-centric operating model being adopted. He added that the partnership will help strengthen governance, enhance operational efficiency, and accelerate digital modernization for Wacker.

Company profiles

Wacker Chemie AG is a global chemicals and biotechnology company with 27 production sites and 22 technical competence centers worldwide. The firm employs more than 16,000 people and generated annual sales of around €5.5 billion in fiscal 2025. Its business divisions include Silicones and Polymers, Biosolutions, and Polysilicon.

HCL Technologies is a global technology company with over 223,000 employees across 60 countries. It delivers capabilities centered around AI, digital, engineering, cloud, and software. Consolidated revenues for the 12 months ending June 2026 totaled $14.8 billion.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-3.01%+1.09%-6.45%-13.93%+10.06%

How might HCL Technologies' expansion in Pune impact its competitive positioning against other IT service providers vying for GCC contracts in India?

What specific AI or automation technologies from HCL's portfolio are expected to drive the most significant efficiency gains for Wacker's chemical production processes?

Could this partnership signal a broader trend of European chemical manufacturers outsourcing digital transformation to Indian tech giants to reduce operational costs?

HCL Technologies achieves 2030 emissions target four years early in FY26

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Scope 1 and 2 emissions fell 55.84% from FY20 baseline, beating 2030 target early
  • Renewable energy accounts for 49.79% of total consumption and 89.65% in data centers
  • Water replenishment stands at 51 times total consumption with 10.68 liters per capita daily use
  • Employee wellbeing investment reached 2.08% of revenue, the highest in the IT industry
  • Women comprise over 50% of the Board and 29.6% of the total workforce
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HCL Technologies achieved its 2030 Scope 1 and 2 emissions reduction target four years ahead of schedule in FY26, marking a significant milestone in its net-zero by 2040 commitment.

The global technology company reported a 55.84% reduction in Scope 1 and 2 emissions from its FY20 baseline, surpassing the initial goal of a 50% cut by 2030. This progress was driven by a sustained shift toward clean energy, with renewable sources now accounting for 49.79% of total energy consumption. The transition is particularly pronounced in data centers, where renewables constitute 89.65% of energy usage.

Resource Stewardship and Water Efficiency

HCL Technologies strengthened its resource management metrics, achieving an industry-leading water consumption rate of 10.68 liters per capita per day. The company replenishes 51 times more water than it consumes across global operations, highlighting a strong positive water balance.

All campuses in India have maintained Zero Waste to Landfill Platinum certification since 2025. Additionally, all HCL Technologies campuses have achieved Platinum or LEED Platinum certification from leading Green Building Councils, reinforcing operational efficiency standards.

Employee Wellbeing and Diversity

Investment in human capital remained a priority, with the company spending 2.08% of revenue on employee wellbeing in FY26, described as the highest in the IT industry. Diversity metrics showed women representing over 50% of the Board and 29.6% of the workforce. In nearshore facilities, local hiring exceeded 90%, with women comprising 66% of that specific workforce segment. The number of employees with disabilities increased by 27.4%.

Community Impact and Recognition

Through HCLFoundation, the company increased its grant outlay in India by 45% in FY26. Over the past three years, it disbursed $3 million to non-profits in the Americas for climate action projects. Cumulative interventions have impacted over 8.4 million lives in India, with 54% being women. Environmental restoration efforts include planting over 3.5 million saplings and greening 74,000 acres of land.

HCL Technologies featured in TIME World's Best Companies and World's Most Sustainable Companies lists for the second consecutive year. It also retained its EcoVadis Gold rating and MSCI AA (Leader) ESG rating for the second consecutive year in FY26.

What the Numbers Show

The divergence between overall renewable energy adoption (49.79%) and data center adoption (89.65%) suggests that decarbonization efforts are most advanced in high-energy-density infrastructure. This concentration likely drives the significant Scope 1 and 2 reductions, as data centers typically represent a substantial portion of an IT firm's direct and indirect energy footprint. The broader operational base has yet to match this intensity, indicating future scope for scaling these practices across general office facilities.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-3.01%+1.09%-6.45%-13.93%+10.06%

How will HCL Technologies allocate its accelerated carbon budget to address Scope 3 emissions, which typically constitute the majority of an IT firm's total footprint?

What specific strategies will the company employ to bridge the renewable energy adoption gap between its high-efficiency data centers and its broader global office operations?

Could the industry-leading investment in employee wellbeing (2.08% of revenue) serve as a scalable model for talent retention in the competitive IT sector, and what are the projected ROI metrics?

More News on HCL Technologies

1 Year Returns:-13.93%