HCL Tech extends lead over its peers in engg, R&D services
HCL Technologies has extended its lead over its competitors in engineering and research and development services (ERS).
Revenue from the offering in the December 2011 quarter touched $193 million as against nearly $117 million two years ago.
HCL has become the largest ERS player among the top Indian outsourcing providers. In the last two years, it has closed the gap of $50 million a quarter and now, has a lead of $3 million a quarter over Wipro, according to a senior company official.