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Hexaware to invest Rs 310 crore to expand UK operations
The move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D) centers in across Manchester, Leeds, and Birmingham over the next three to five years. Mid-tier software and IT solutions provider Hexaware Technologies will
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Hexaware to Invest £25 Million in UK Expansion, Creating 1,200 Jobs in AI, Digital Services, and Quantum Computing
New R&D centers in Manchester and Leeds, expanded delivery center in Birmingham, recognized by the UK Government at the G7 Summit Hexaware Technologies plans to invest £25 million to expand its UK operations, a move expected to create around 1,200 jobs across Manchester, Leeds, and Birmingham over
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Hexaware Technologies is investing £25 million to expand its UK operations, creating around 1,200 jobs in AI, digital services, and quantum computing. The Carlyle-backed firm will establish new R&D centers in Manchester and Leeds while expanding its Birmingham delivery center over the next three to five years. The investment was recognized at the G7 Summit as part of the UK government's AI and clean energy agenda.

Hexaware Technologies has announced a £25 million (approximately Rs 310 crore) investment to expand its UK operations, marking a significant commitment to one of its fastest-growing markets
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. The mid-tier software and IT solutions provider, backed by private equity firm Carlyle, expects to create around 1,200 jobs across Manchester, Leeds, and Birmingham over the next three to five years2
. This UK expansion focuses on emerging technologies including AI, digital services, and quantum computing, positioning Hexaware Technologies UK operations at the forefront of technological innovation.The investment was announced by the UK government at the G7 Summit on June 16, 2026, as part of a broader set of international commitments to the country's AI and clean energy agenda
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. This recognition underscores the strategic significance of Hexaware's commitment to advancing AI research and digital innovation within the UK. The company plans to expand its existing delivery center in Birmingham while establishing new R&D centers in Manchester and Leeds, creating a distributed network of innovation hubs across key UK cities1
.The 1,200 jobs in AI, digital services, and quantum computing will focus on developing local talent and driving modernization in citizen and public services
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. R. Srikrishna, CEO & Executive Director of Hexaware, emphasized the company's commitment to "developing young talent, working with unique published datasets, and collaborating with government at all levels across the country to create a positive impact for the citizens of the UK"2
. This approach to local talent development reflects Hexaware's three-decade relationship with UK businesses and its ambition to support the government's inclusive vision for AI.Related Stories
The UK represents Hexaware's second-largest global market and its fastest-growing geography, where the company opened its UK headquarters in London's Canary Wharf in May 2025
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. For the January to March quarter, Hexaware reported the highest growth in Europe (which includes the UK) at 11.6% year-on-year and 0.9% quarter-on-quarter1
. Parameshwaran (Param) Iyer, Executive Vice President and Head of UK and Europe at Hexaware, noted that "UK clients are moving fast on AI, and having research and delivery talent on the ground here means we can build with them rather than for them"2
.Hexaware reported annual revenue of $1.5 billion in FY25 with almost 33,800 employees globally
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. During Q1FY26 ending March, the company posted a 7.5% year-on-year rise in net profit at Rs 351.6 crore while revenue grew 12.6% to Rs 3,613 crore1
. The investment in UK operations signals Hexaware's confidence in sustaining economic growth through digital innovation and strategic partnerships with government entities. The focus on quantum computing and R&D centers positions the company to capture emerging opportunities in advanced technologies while contributing to the UK's broader technological competitiveness on the global stage.Summarized by
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10 Sept 2024

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15 Oct 2024•Business and Economy

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