HCLTECH NSE filing

HCLTech partners with Wacker Chemie AG to establish Global Capability Center in Pune

The RealCase readMedium impact Positive

HCLTech has partnered with Wacker Chemie AG to establish a Global Capability Center (GCC) in Pune, India. The GCC will support Wacker's engineering, IT, and digital transformation initiatives. This collaboration aims to enhance agility, governance, and long-term growth for Wacker. Wacker reported €5.5 billion in sales for FY25.

Why it matters

The establishment of a Global Capability Center signifies a significant operational expansion and strategic move for Wacker, supported by HCLTech's expertise. This is likely to have a medium-term impact on their operational efficiency and digital transformation efforts.

The market read

The announcement details a new strategic partnership and the establishment of a Global Capability Center, which is a positive development for both companies, indicating growth and expanded services.

HCL Technologies (HCLTech) announced its collaboration with Wacker Chemie AG, a global leader in chemicals and biotechnology, to establish a Global Capability Center (GCC) in Pune, India.

The new GCC is designed to bolster Wacker's engineering, IT, and digital transformation initiatives, providing a flexible, resilient, and future-ready delivery foundation.

Fabian Seibold, Director, WACKER Excellence Hub Pune, stated that the GCC is a significant step in strengthening their global delivery and digital execution capabilities. He highlighted HCLTech's expertise in building and scaling such centers, enabling Wacker to move forward with a model that supports agility, governance, and long-term growth.

Dr. Frank Fehler, Executive Vice President and Country Head - Germany, HCLTech, emphasized that this expanded engagement builds upon the existing strategic partnership and marks a key milestone in Wacker's digital transformation. HCLTech is proud to support Wacker's long-term digital and engineering journey as a trusted partner.

Kiran Cherukuri, EVP and Global GCC Practice Head, HCLTech, further explained that HCLTech will implement a phased, customer-centric operating model to establish the GCC in Pune. Leveraging expertise in DevSecOps and automation, HCLTech aims to build a high-performing team, strengthen governance, enhance operational efficiency, and accelerate digital modernization for Wacker.

Wacker Chemie AG, a global entity, specializes in specialty chemical products with applications ranging from construction to computer chips. In fiscal 2025, Wacker reported annual sales of approximately €5.5 billion ($6 billion approximately) and operates through four divisions: Silicones, Polymers, Biosolutions, and Polysilicon. HCLTech, as of June 2026, has consolidated revenues totaling $14.8 billion.

Filing to action

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HCL Technologies Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by HCL Technologies Limited. Read the original for the full detail.

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