SYNOPSIS

ON

HCL Technologies

BY- Rohit Aggarwal

05380401715

Division-A

MORNING SHIFT (FIRST SHIFT)

 INDEX

[Link] PARTICULARS PAGE NO.

1. INTRODUCTION

2. OBJECTIVES,VISION AND
MISSION OF THE COMPANY

3. HISTORY / MILESTONES

4. SUCCESS STORY

5. ROADBLOCKS AND FEASIBLE

SOLUTIONS

6. FUTURE PROJECTIONS

7. CONCLUSIONS OF THE STUDY

8. PROFESSION OUTCOME

INTRODUCTION

HCL Technologies Limited is an Indian multinational IT services company, headquartered

in Noida, Uttar Pradesh, India. It is a subsidiary of HCL Enterprise. Originally a research and
development division of HCL, it emerged as an independent company in 1991 when HCL
ventured into the software services business. HCL Technologies (an acronym for Hindustan
Computers Limited) offers services including IT consulting, enterprise
transformation, remote infrastructure management, engineering and R&D, and business
process outsourcing (BPO).

The company has offices in 34 countries including the United States, European countries
like France and Germany, and Northern Ireland in the United Kingdom. It operates across a
number of sectors including aerospace and defence, automotive, consumer electronics, energy
and utilities, financial services, government, industrial manufacturing, life sciences and
healthcare, media and entertainment, mining and natural resources, public services, retail and
consumer, semiconductor, server and storage, telecom, and travel, transportation, logistics,
and hospitality.

HCL Technologies is on the Forbes Global 2000 list. It is among the top 20 largest publicly
traded companies in India with a market capitalization of $22.1 billion as of May 2015. As of
August 2015, the company, along with its subsidiaries, had a consolidated revenue of $6.0
billion

VISION, MISSION, OBJECTIVES AND DIMENSION

RESEARCH OBJECTIVE:
Primary Objectives:
1. To know the benefits and opportunities of green marketing strategy which help the HCL
2. To study the challenges in green Initiatives
Secondary Objectives:
1. To know the results of a green bag Campaign and voluntarily recycle the accumulated e-
waste in an environmentally friendly manner.
2. To check the commitment towards the quality and excellence of the services provided by
the company.

HISTORY
In the summer of 1976, a group of six engineers, all former employees of Delhi Cloth &
General Mills, led by Shiv Nadar, started a company that would make personal computers.
Initially floated as Microcomp Limited, Nadar and his team started selling teledigital
calculators to gather capital for their main product. On August 11, 1976, the company was
renamed to HCL.

On 12 November 1991, a company called HCL Overseas Limited was incorporated as a

provider of technology development services. It received the certificate of commencement of
business on 10 February 1992 after which it began its operations. Two years later, in July
1994, the company name was changed to HCL Consulting Limited and eventually to HCL
Technologies Limited in October 1999. HCL is an acronym for Hindustan Computers
Limited.

HCL Technologies is one of the four companies under HCL Corporation, the second company
being HCL Infosystems. In February, 2014 HCL launched HCL [Link] TalentCare
is the fourth and latest venture of HCL Corporation.

HCL Technologies began as the R&D Division of HCL Enterprise, a company which was a
contributor to the development and growth of the IT and computer industry in India. HCL
Enterprise developed an indigenous microcomputer in 1978, and a networking OS and client-
server architecture in 1983. On 12 November 1991, HCL Technologies was spun off as a
separate unit to provide software services.

HCL Technologies was originally incorporated as HCL Overseas Limited. The name was
changed to HCL Consulting Limited on 14 July 1994. On 6 October 1999, the company was
renamed HCL Technologies Limited for a better reflection of its activities. Between 1991
and 1999, the company expanded its software development capacities to the US, European
and APAC markets.

SUCCESS PATH

The year after HCL was floated; the Indian government reigned in the ambitions of the
foreign companies in India. This pronounced the death knell of companies like IBM and
Coca-Cola while bells began to ring for Indian entrepreneurships like HCL.

HCL started shipping its in-house microcomputers around the same time as its American
counterpart Apple, and took only two more years to introduce its 16 bits processor
In the path of success, the company has acquired many companies around the world. HCL
has also entered into partnerships with various companies (Nokia, Microsoft, Toshiba) in the
span of 40 years.

Currently, HCL is the 4th largest IT Company in India, with over 1lakh employees and
revenue of approximately over 6billion US dollars. Today HCL is one of the main companies
which outsource its services across the world.

ROADBLOCKS

1. To measure the technical competency levels in the organization.

2. To measure the effectiveness of training

3. To baseline for improvement over a period of time

4. To optimize investment in training and allocation of resources

5. To improve ACSAT/ PCSAT scores

FEASIBLE SOLUTIONS

1. Accessible to a large number of employees

2. Reliable

3. Aligned to HCLs competency framework

4. Customizable while being scalable

5. Cost-effective

FUTURE PROJECTIONS

HCL follows Future Group, plans $1 billion venture fund.

HCL follows Future Group, plans $1 billion venture fund.

CONCLUSION

In the path of success, the company has acquired many companies around the world. HCL
has also entered into partnerships with various companies (Nokia, Microsoft, Toshiba) in the
span of 40 years.

Currently, HCL is the 4th largest IT Company in India, with over 1lakh employees and
revenue of approximately over 6billion US dollars. Today HCL is one of the main companies
which outsource its services across the world.

PROFESSION OUTCOME

Why HCL?

HCL has been consistently growing and expanding in the market in all the fields.
HCL has been positioned fourth largest IT Company in India.
HCL has done several innovations in the field of IT Sector.
HCL operates across a number of sectors including aerospace and defence,
automotive, consumer electronics, energy and utilities, financial services, government,
industrial manufacturing etc.