HCL Technologies Ltd.

HCL Corporation, the controlling arm of IT services major HCL Technologies, is planning to foray into healthcare sector. In this regard, the company has launched a new company, HCL Healthcare with an initial investment of Rs 1,000 crore towards setting up its healthcare arm.

HCL Healthcare will focus on the 300 million strong Indian urban middle class. The new company is aiming to cover 20 million people by 2020 through its chain of multispecialty clinics.

HCL Healthcare intends to provide innovative medical services and products. The company will invest Rs 1,000 crore over the next five years in expanding the operations and reach.