Hexaware to invest £9M in Manchester design centre as it expands across the UK
Indian IT firm Hexaware will put £9M into a new design and innovation centre in Manchester, part of a £25M UK expansion adding about 1,200 jobs.
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what happened
Hexaware Technologies will spend £9M on a new design and innovation centre in Manchester, according to TradingView. The project is part of the £25M UK expansion the company announced earlier.
The expansion is expected to create about 1,200 jobs over three to five years across Manchester, Leeds and Birmingham. The firm also plans research and development hubs in Manchester and Leeds, and has agreed a talent partnership with a university in Leeds.
TradingView says the report is based on a press release from the company, distributed by PR Newswire.
why it matters
For markets, this is more a confirmation of a long-term plan than a new financial signal. Spending on sites and hiring can lift revenue capacity but may pressure margins in the near term. Investors will watch for signed contracts tied to the new sites, hiring pace and the timing of capital spending in any formal guidance from the company.
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sources
- Hexaware Technologies (HEXT) Details £9M Manchester Design & Innovation Centre, Bolsters UK Expansion — TradingView, 23 October 2026 at 07:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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