HCL Tech, a leading IT services firm, has promoted Sandeep Saxena to the position of Chief Growth Officer for Growth Markets 2, with a focus on strengthening the company’s presence in the Indian market. Saxena, a long-time HCL Tech executive with over 25 years of experience, will lead the company’s operations in India, as well as other high-potential regions including the Middle East and Africa. He will be based in Mumbai and report directly to CEO C Vijayakumar.
In his new role, Saxena will be responsible for driving growth and expansion in these key markets. His appointment is a strategic move by HCL Tech to tap into the vast potential of the Indian market, which has been the company’s fastest-growing region. In the quarter ended December 31, India recorded a growth rate of 22.1%, despite contributing only 3.3% to the company’s total business.
Saxena’s promotion is a testament to his impressive track record at HCL Tech. He has held multiple roles across geographies, including leading the retail, travel, transportation, and logistics segments in Europe. He was also instrumental in securing major contracts with European energy supplier Equinor and Mondelez International, among others.
As Chief Growth Officer, Saxena will leverage his expertise and experience to drive business growth, identify new opportunities, and strengthen HCL Tech’s position in the Indian market. His appointment is expected to have a positive impact on the company’s overall growth strategy, particularly in the high-potential regions under his purview. With Saxena at the helm, HCL Tech is well-positioned to capitalize on the growing demand for IT services in India and other emerging markets. Overall, Saxena’s promotion is a significant development for HCL Tech, and his leadership is expected to play a key role in driving the company’s future growth and success.