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Cognizant to invest over Rs 1,500 cr in Andhra, to create 8,000 jobs
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....ognizant to invest over Rs 1,500 cr in Andhra, to create 8,000 jobs<BR>PTI News<BR>Dated:- 25-6-2025<BR>PTI<BR>Visakhapatnam, Jun 25 (PTI) Andhra Pradesh Information Technology Minister Nara Lokesh on Wednesday said that IT major Cognizant will set up a major campus here with an over Rs 1,500 crore investment, creating 8,000 jobs in three phases on a 22-acre site at Kapuluppada IT Hills. Lokesh s....
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....aid the government approved the project to position Andhra Pradesh as a global technology hub and promote digital skilling in tier-2 cities. "We welcome Cognizant to Vizag. This investment will accelerate regional growth and future-ready workforce development," said Lokesh in a release. Cognizant's presence is expected to boost the regional digital economy, enhance tech skills, and benefit from ....
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....Andhra Pradesh's infrastructure, business-friendly policies, and IT and Information Technology Enabled Services (ITES) sectors support, said the minister. Cognizant will begin operations by early 2026 from a temporary facility for 800 staff until Phase-I of the permanent campus is ready by early 2029, said the release. "We are proud to expand in the port city and thank the government for its pro....
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....gressive support," said Cognizant CEO S Ravi Kumar in the release. Kumar said the city offers abundant talent and strong infrastructure, fitting into the firm's broader strategy of investing in high-potential regional locations. The campus aims to build an inclusive, innovation-driven digital workforce and support Cognizant's global transformation delivery capabilities, he said. According to th....
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....e release, India remains central to Cognizant's operations, with more than 70 per cent of its 3,36,300 global associates based across various Indian delivery locations. PTI MS GDK KH<BR> News - Press release - PIB....