HCL Tech bets on strong demand across sectors to continue growth momentum

IT services firm HCL Technologies is betting on strong demand across sectors, including manufacturing and retail, to continue its growth momentum in the coming quarters.

The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US markets.

“Our pipeline is very strong. And we’re also pretty confident of the conversion rates. As we speak, we’re looking large deals. So overall, I’m positive,” HCL Technologies President and CEO C Vijayakumar told PTI.

He added that sectors like manufacturing, retail and CPG (consumer packaged goods) look quite strong.