India’s HCL Technologies Gets Lucrative British Outsourcing Order
BANGALORE, India, Indian outsourcing company HCL Technologies, announced Thursday it has obtained a multimillion dollar order from Britain-based electronics retailer DSG International Plc. which owns dixon amongst others to provide software and remote maintenance services.
The company didn’t divulge the value of the order from dixon, Dow Jones Newswires, citing an unnamed company official, said it was in the range of US$350 million-US$500 million (euro290 million-euro415 million), spread over five to 10 years.
Dixon group, DSG, based in Hemel Hempstead, England, would be able to focus on its main business, leaving its non core work of software development, network maintenance and other e-support functions to be managed by HCL. HCL said “We are happy to have Dixon group,DSG International as one of our top four customer relationships,” HCL chairman and chief executive Shiv Nadar said.
Dixon group, DSG operates in 14 countries across the European Union and serves 100 million customers every year. It sells electronic products, personal computers, photographic equipment and communication devises. Its brands include Dixon, Currys, PC World and The Link.
HCL is India’s fifth largest software services exporter and Dixon is the UK’s largest electrical retailer.