Archive · 23 Jul 2025
HCL Technologies to Launch TechFin Hub in GIFT City, Gujarat
HCL Technologies is building a new technology center in GIFT City, a special business area in Gujarat.
This center will focus on "TechFin," which is technology used in finance.
They plan to hire 1,500 people there.
Many other big tech companies, like Infosys and Cognizant, are also opening similar centers in GIFT City.
The government supports these centers, which help India provide financial technology services to the world.
HCL Technologies plans to establish a TechFin hub in GIFT City, Gujarat.
The hub aims to employ 1,500 people and will be HCL's first such center in Gujarat.
The funds for the operations will be sourced from HCL's head office.
GIFT City is attracting major tech and fintech companies.
IFSCA has approved applications from at least 18 other fintech entities.
- Who
- HCL Technologies.
- What
- HCL Technologies is establishing a TechFin hub.
- When
- The plans were announced, with Infosys and Cognizant having launched similar centers in June and May 2025 respectively.
- Where
- GIFT City, Gujarat.
- Why
- To serve global financial services clients and capitalize on GIFT City's infrastructure and talent pool.
- Company
- HCL Technologies
- Location
- GIFT City, Gujarat
- Employees planned
- 1,500
- Type of entity
- TechFin
- Funding source
- Head office
- IFSCA approvals
- At least 18 fintech entities