👥 HR & Workplace🇮🇳 India
HCLTech Bags $1.14 Billion Mercedes-Benz Deal, Ending Three-Year Dry Spell
mint - companies·Saturday, 4 July 2026
HCLTech has reportedly won a $1.14 billion contract from Mercedes-Benz, its first mega-deal in three years. The deal is expected to bring in $228 million in annual revenue, adding about 1.6% growth in FY27. It puts HCLTech back in competition with rivals like TCS and Infosys on large global contracts.
Why It Matters
For anyone tracking India's IT sector, this is a big signal that Indian tech firms can still land massive global contracts even as AI reshapes the industry.
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