Physical AI to hit $1 Trillion by 2030, says HCLTech CEO Vijayakumar

• HCLTech CEO C. Vijayakumar predicts "physical AI" will become a $1 trillion industry by 2030, driven by the fusion of robotics and AI.
• Vijayakumar, speaking at the World Economic Forum in Davos, highlighted a new global investment cycle in technology with $3 trillion in capital expenditure.
• HCLTech aims to generate $2.5 billion in revenue from new service lines, including an "AI Factory" for large-scale compute and infrastructure, within the next 2-3 years.
• The company is open to acquisitions in physical AI and agentic technologies, prioritizing speed in this rapidly evolving sector.
• HCLTech leverages AI internally, with 25-35% of its coding and development work done by AI, and is shifting focus to hiring "elite" talent.

Why It Matters: Physical AI is poised for massive growth, becoming a $1 trillion industry by 2030, driving new opportunities for HCLTech.