HCLTech to invest $1.48 billion in AI data center in Odisha

India's HCLTech announced on July 24, 2026 that it would invest 142.57 billion rupees ($1.48 billion) to establish its first AI data center in Odisha in partnership with Sarvam AI. The project, based in Bhubaneswar, will combine HCLTech's full-stack AI capabilities with Sarvam's foundation models to deliver sector-specific AI applications to government and private companies. HCLTech acquired a 10.5% stake in Sarvam AI for $150 million in the previous month. The company is also opening a technology center in Bhubaneswar that will employ 5,000 people and begin operations by 2028. CEO C Vijayakumar stated the company aims to deliver full-stack AI services encompassing data centers, GPUs, models, and applications.