Hexaware Technologies has announced plans to invest £25 million to expand its operations in the United Kingdom, with the investment expected to create approximately 1,200 new jobs across Manchester, Leeds, and Birmingham over the next 3 to 5 years.
The announcement was made during the G7 Summit as part of a broader package of international investments supporting the UK government’s ambitions in artificial intelligence and clean energy.
New R&D Centres and Expanded Delivery Operations
As part of the expansion, Hexaware plans to:
- Establish new Research & Development (R&D) centres in Manchester and Leeds.
- Expand its existing delivery centre in Birmingham.
- Strengthen capabilities in:
- Artificial Intelligence (AI)
- Digital services
- Quantum computing
- Invest in local talent development and research initiatives.
- Support the modernization of public and citizen services through advanced digital technologies.
Management Commentary
R. Srikrishna, CEO and Executive Director of Hexaware, stated that the company has been serving UK businesses for more than three decades and intends to further support the country’s AI-driven growth through investments in innovation, research, and skilled talent.
Parameshwaran (Param) Iyer, Executive Vice President and Head – UK & Europe, noted that:
- The UK is Hexaware’s fastest-growing geography.
- Expanding local R&D and delivery capabilities will strengthen collaboration with clients across the region.
The UK is currently Hexaware’s second-largest global market, with the company establishing its UK headquarters in Canary Wharf, London, in 2025.
Share Price Performance
As of June 18, 2026 (11:12 AM):
- Hexaware Technologies share price: ₹498.15
- Change: ▼ 1.02%
- Market Capitalisation: ₹30,437.76 crore
- 3-Month Return: Approximately 13.85%
Key Highlights
- Investment: £25 million
- Expected Jobs: Around 1,200
- Locations: Manchester, Leeds, and Birmingham
- Focus Areas: AI, digital transformation, quantum computing, research, and talent development
- Timeline: 3–5 years
Conclusion
Hexaware Technologies’ planned £25 million investment reinforces its long-term commitment to the UK market. Through new R&D centres, expanded delivery operations, and a focus on AI and digital innovation, the company aims to strengthen its presence in one of its fastest-growing international markets while contributing to employment, research, and technology development in the region.
Disclaimer:
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