Economy, Banking and Finance · 28 July 2026

HCLTech to Invest ₹14,257 Crore in Odisha AI Data Centre

Exam-focused facts from the 28 July 2026 current affairs briefing.

Key facts

  • HCLTech has announced an investment of ₹14,257 crore to set up its first AI data centre at the Odisha Sovereign AI Park.
  • The project is in partnership with sovereign AI startup Sarvam and the Odisha government, which will provide financial assistance.
  • HCLTech will also establish a Global Technology Centre (GTC) in Bhubaneswar with a capacity of 5,000 people, expected to begin operations in 2028.
  • The company had earlier invested $150 million (approx ₹1,447 crore) in Sarvam in June 2026 and plans to invest up to ₹3,500 crore in building AI data centres scaling to 50 MW capacity.
  • The initiative will develop sector-specific AI applications for private and public sector clients, strengthening India's sovereign AI ecosystem.