Economy · India
HCLTech Secures Major AI-Led Deal with European Automaker
Indian IT services company HCLTech has reportedly secured a significant five-year deal, valued at approximately $1.1 billion, with a major European Fortune Global 50 company, widely identified as Mercedes-Benz. The agreement, focused on AI-led services, is expected to contribute to HCLTech's revenue growth. This deal marks a notable win for the company, potentially ending a period without securing such large-scale contracts.
How outlets across the spectrum covered it
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- Centre (3): Business Standard, Mint, The Times of India