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Sunnyvale, CA ""September 11, 2006: HCL Technologies Ltd. ("HCL"), India's global IT services company, today announced the signing of an agreement with General Electric Company (NYSE:GE) in which HCL will set up and operate Global Development centers (GDC) in India and China for GE over 3 years. GE selected HCL as one of its partners after due diligence conducted by the GE team. |
"We are excited about this partnership and will continue to deliver the near shore alternatives and LCC leverage to GE," said Shami Khorana, President, HCL America, a 100% subsidiary of HCL. "Our leadership in the areas of multi-service offerings, flexibility and transparency in business models, and success with HR policies like 'Employee First' are contributing to our demonstrated track record of high value, cost effective partnerships." |