On 12 December NEC Corp., Japan, and India's HCL Technologies Ltd. (HCL), inaugurated their new facility – NEC HCL System Technologies Ltd. – in Noida, India. The two companies first announced joint investment in this Center of Excellence for Product Engineering in June 2005. With capital of $5 M, this state-of-the-art facility, spread over 20,000 ft2 at Logix Techno Park, Noida, will provide a single window view over all the NEC HCL operations in high end offshore led software engineering solutions in network and security, embedded software, hardware design, R&D, high performance computing and mobile technology.
The partners will kick start their operations with a core team of 50 people comprising new technical talent. The senior leadership team led by CEO, Anil Gupta, CTO, Anup Dutta and the Advisory Committee with representation from the top management from each partner will be formed to set the future direction of the company. The company is planning to ramp up its team to strength of 150 by 2006 and 300 by the end of 2007.
Speaking during the inauguration, Toshihiko Takahashi, president, NEC System Technologies Ltd. and executive vice president NEC Corp., said, "India being the powerhouse of software excellence and a major destination for Japanese investment in sectors like telecom and information technology, we believe working with an Indian IT giant like HCL will be able to value add to our business and contribute to our growth strategy."