HCLTech has elevated company veteran Sandeep Saxena as chief growth officer of Growth Markets 2, underscoring its renewed focus on India as a strategic growth market.
In his new role, Saxena will lead business growth across India and other key regions, including the Middle East and Africa. He will be based in Mumbai and report to the CEO and managing director, C Vijayakumar. The company said the appointment is part of its strategy to sharpen focus, particularly on the India region.
Commenting on the move, Vijayakumar said, “HCLTech has played a defining role in shaping India’s technology growth story through sustained innovation and global leadership. As one of the world’s fastest-growing economies, India presents a significant opportunity, and we will bring our global scale, deep expertise and full-stack capabilities to help enterprises harness next-generation technologies and accelerate growth.”
Saxena said, “I am honoured to spearhead HCLTech’s growth agenda across strategic markets, including India.”
“Our unwavering focus will be on driving client relevance through innovative, future-ready solutions that deliver measurable and transformative impact in the real world.”
Saxena joined HCLTech in 1998 and has held multiple leadership roles across geographies during his long tenure.
The company said he played a key role during the rapid growth phase of its European business. Most recently, he led the retail-CPG, travel, transportation and logistics, and energy and natural resources segments for Europe, along with all non-financial services verticals for France, Italy, and Iberia (Spain and Portugal), securing major client wins and strengthening the company’s market position.
The leadership announcement comes close on the heels of HCLTech’s Q3 results, which highlighted strong momentum in artificial intelligence-led deals. The company said its Advanced AI business emerged as a key growth engine in the quarter, with revenue jumping to $146 million as enterprises moved from pilot projects to paid deployments.
Advanced AI revenue grew 19.9% quarter-on-quarter in constant currency during Q3 FY26. In the previous quarter, the segment had crossed the $100 million mark for the first time, with HCLTech adding nearly $50 million in incremental AI revenue within a single reporting cycle.
The AI-led surge coincided with a robust overall performance. HCLTech reported revenue of ₹33,872 crore ($3.79 billion) in the quarter, up 6% sequentially and 13.3% year-on-year.
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