🚀 Business & Startups🇮🇳 India
HCLTech Bags $1.14 Billion Mercedes-Benz Deal, Ending Three-Year Dry Spell
mint - companies·Sunday, 5 July 2026
HCLTech has reportedly won a $1.14 billion contract from Mercedes-Benz, ending a three-year stretch without a mega-deal. The deal guarantees HCLTech $228 million in annual revenue. That translates to roughly 1.6% growth for the company in FY27.
Why It Matters
HCLTech is one of India's biggest IT employers and a major stock market player, so a deal this size matters to employees, shareholders, and anyone tracking India's tech sector.
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