HCLTech CEO: Physical AI to Hit $1 Trillion by 2030, Driving New Investment Cycle

• HCLTech CEO C. Vijayakumar stated at WEF Davos 2026 that physical AI, combining robotics and AI, is projected to become a $1 trillion industry by 2030.
• The rise of AI is triggering a new global investment cycle in technology, with nearly $3 trillion in capital expenditure currently underway.
• HCLTech aims to generate $2.5 billion in revenue from new AI-led service lines, including an "AI Factory" segment, over the next two to three years.
• The company is open to acquisitions in physical AI and agentic technologies, prioritizing speed of execution.
• HCLTech uses AI for 25-35% of its coding, shifting hiring focus to elite talent, and recently secured a $473 million AI-led deal with a global apparel retailer.

Why It Matters: Physical AI is set to become a $1 trillion industry by 2030, driving significant investment and new service opportunities.