Demand for tech services to rise post-covid-19: HCL Tech CEO C Vijayakumar

NEW DELHI: HCL Technologies Ltd, India’s third largest information technology (IT) services firm, was the second IT company, after Infosys Ltd, to give positive guidance for 2020-21, based on healthy bookings and a strong deals pipeline. In an interview, the IT firm’s president and CEO C Vijayakumar spoke about issues ranging from the business environment, growth possibilities for the IT sector and the role of the new chairperson. Edited excerpts:

What has been the impact of the pandemic on HCL Technologies?

We saw topline decline in the June quarter and that is largely due to covid impact. If we look at the future, we will continue to do quite well, our bookings are good, the (deals) pipeline has increased 40% compared to the March quarter, thanks to vendor consolidation and digital and cloud modernization efforts of customers.