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Cognizant to speculate Rs 1,583 crore in Visakhapatnam campus, create 8,000 jobs by 2029

whysavetoday by whysavetoday
June 26, 2025
in Business
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Cognizant to speculate Rs 1,583 crore in Visakhapatnam campus, create 8,000 jobs by 2029
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World IT {and professional} companies big Cognizant has introduced a serious enlargement of its India operations with plans to construct a ₹1,583 crore campus in Visakhapatnam, Andhra Pradesh. Unfold throughout 22 acres in Kapuluppada IT Hills, the ability shall be developed in three phases, creating over 8,000 jobs and additional strengthening the corporate’s digital transformation and AI supply capabilities for world purchasers.

The announcement comes following approval from the Andhra Pradesh Cupboard, led by Chief Minister Sri N. Chandrababu Naidu. Cognizant will start operations in early 2026 from a short lived setup with capability for 800 associates, forward of finishing Part 1 of the everlasting campus by early 2029.

Sri Nara Lokesh, Minister for IT, Electronics & Communication, Human Assets Improvement and RTG, welcomed the announcement, “We’re delighted to welcome Cognizant to Visakhapatnam, which aligns with our imaginative and prescient to construct Andhra Pradesh as a vacation spot for premier world enterprises.”

He added, “Cognizant’s presence will additional speed up the area’s digital financial system whereas boosting know-how expertise wanted for the workforce of the longer term.”

Ravi Kumar S, CEO of Cognizant, known as the transfer a “important milestone” within the firm’s India development journey.
“With its plentiful expertise pool and strong infrastructure, Visakhapatnam stands as a robust companion in our mission to develop the digital workforce of tomorrow, particularly in India’s tier 2 cities,” he mentioned.

Cognizant’s enlargement in Andhra Pradesh comes on the heels of latest supply facilities launched since 2024 in Bhubaneswar, Indore, and a tech-fin hub in GIFT Metropolis, Gujarat — all designed to assist agility, collaboration, and next-gen skilling.

India stays the cornerstone of Cognizant’s world operations, with over 70% of its 336,300 workers primarily based within the nation. The Visakhapatnam facility provides to its in depth community throughout Bengaluru, Hyderabad, Chennai, Pune, Mumbai, and different cities.

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