is a global Electronics
company based in Noida
, India. The company comprises two publicly listed companies, HCL Technologies
and HCL Infosystems.
HCL was focused on addressing the IT hardware market in India for the first two decades of its existence with some activity in the global market.
On termination of the joint venture with HP in 1996, HCL became an enterprise which comprises HCL Technologies (to address the global IT services market) and HCL Infosystems (to address the Indian and APAC IT hardware market). HCL has since then operated as a holding company.
History Of HCL
In 1976, Shiv Nadar, Arjun Malhotra, Subhash Arora, Badam Kishore Kumar, T.V Bharadwaj,& Arun Kumar H started Microcomp Limited. The focus of the company was design and manufacturing of scientific calculators. The venture provided its founders money to start a company that focused on manufacturing computers. The company name "HCL" used to stand for "Hindustan Computers Limited" but now HCL is the only one name that the company goes by. HCL received support from the Uttar Pradesh government to setup manufacturing in Noida
In 1981, NIIT
was started to cater to the increasing demand in computer education. By early 2000s, Nadar divested his stake in this venture.
Focuses on the global and domestic market. Services provided- Product Engineering &... Read More