Free Essays, Term Papers, Research Papers at Anti Essays

Hindustan Computers Limited, also known as HCL Enterprise, is one of India's largest electronics, computing and information technologycompany. Based in Noida, near Delhi, the company comprises two publicly listed Indian companies, HCL Technologies and HCL Infosystems.
HCL was founded in 1976 by Shiv Nadar, Arjun Malhotra, Subhash Arora, Ajai Chowdhry, DS Puri & Yogesh Vaidya. HCL was focused on addressing the IT hardware market in India for the first two decades of its existence with some sporadic activity in the global market. In 1981, HCL seeded a company focused on addressing the computer training industry, NIIT, though it has currently divested its stake in the company. In 1991, HP took minority stake in the company (26%) and the company was known as HCL HP for the five years of the joint venture. On termination of the joint venture in 1996, HCL became an enterprise which comprises HCL Technologies (to address the global IT services market) and HCL Infosystems (to address the Indian and APAC IT hardware market). HCL has since then operated as a holding company.
•

HCL had always tried to address the global market and initially with mixed results. In 1979, the company set up a subsidiary in Singapore - Far East Computers focused on selling its computer products in the APAC region. In 1989, on the basis of a joint study with McKinsey, HCL ventured into the US computer market after roping in SCI as its manufacturing partner. HCL America was born, but in the words of the founder, "the project fell flat on its face". HCL had failed to follow a very crucial step necessary to enter the US market, the computers didn't get environmental clearances. By 1996, Nadar realized that fellow Indian companies, TCS, Wipro and Infosys, had successfully entered the global software services market. When the partnership of HCL and HP ended in 1996, HCL became an enterprise which comprises two companies listed in India, HCL Technologies (www.hcltech.com)...