From News Desk
Cognizant, a provider of technology and professional services, has held a ceremony for a state-of-the-art 8,000-seat facility in the city of Visakhapatnam, in the presence of Chief Minister of Andhra Pradesh, N Chandrababu Naidu.
The proposed new campus, which will be completed in three phases by 2033, will entail an investment of Rs 1,583 crore. The first phase, for which construction will begin in 2026, will house 3000 associates upon its completion in early 2029. The next two phases will increase the seating capacity to 8000.
“We are proud to welcome Cognizant to Visakhapatnam, a landmark step in advancing our vision of transforming Andhra Pradesh into a world‑class destination where global enterprises can build, innovate and grow,” said N Chandrababu Naidu, Chief Minister of Andhra Pradesh. “This investment will generate high‑quality jobs, enhance the region’s digital capabilities and contribute significantly to the state’s innovation‑driven and technology‑enabled growth.”
“Cognizant’s presence marks a pivotal milestone in Visakhapatnam’s emergence as a thriving hub for technology,” said Nara Lokesh, Minister for IT, Electronics & Communication, Human Resources Development and RTG, Government of Andhra Pradesh.“Cognizant’s investments will unlock new opportunities for our youth and further strengthen the city’s position as the financial capital of the state.”
“Today marks a defining step in Cognizant’s growth journey in India. The groundbreaking of our new campus and opening of an interim techfin centre in Visakhapatnam reflects our confidence in the city’s talent and future potential,” said Ravi Kumar S, CEO, Cognizant. “We are grateful to the Government of Andhra Pradesh for their partnership and look forward to unlocking the full potential of Visakhapatnam’s talent and innovation spirit.”
The techfin centre will serve as an interim office until the completion of the first phase of the proposed 22-acre campus. It will focus on various advanced technologies including AI, ML, digital engineering and Cloud solutions. The centre features a dedicated client experience centre and collaborative spaces to foster teamwork and is designed to accommodate over 1,000 associates based in and around Visakhapatnam.
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