IT services major HCLTech is eyeing expansion into the US, announcing the launch of a subsidiary for serving state and local government, and education (SLED) organizations, as well as federal civilian and defense agencies.
This comes at a time when the US government has been cutting IT spending through Elon Musk-led Department of Government Efficiency (DOGE), which has already impacted the business of peers such as Accenture.
HCLTech Public Sector Solutions (PSS) launch underscores HCLTech's continued growth in the public sector following the establishment of the Strategic Segments business under Arjun Sethi's leadership as Chief Growth Officer for Strategic Segments since November, the company said in an exchange filing.
C Vijayakumar, CEO & Managing Director of HCLTech, “A sharper focus through a dedicated subsidiary will enable us to deliver our AI and digital transformation expertise across all public sector segments."
"By combining our comprehensive AI suite, deep subject matter expertise, industry-leading talent and dedicated leadership, we are better positioned to partner with government agencies and enhance the experience for the constituents they serve," he added.
"There is an increasing demand for AI-led technology solutions and services in the public sector," said Arjun Sethi, Chief Growth Officer for Strategic Segments at HCLTech.
The PSS subsidiary elected three members to its board of directors: Arjun Sethi, HCLTech General Counsel Raghu Raman Lakshmanan and HCLTech Chief Marketing Officer Jill Kouri. Sethi was appointed as President and Raman Lakshmanan as Treasurer and Secretary.
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