Cognizant Technology Solutions plans to establish an IT and ITES campus in Vishakhapatnam, Andhra Pradesh. The total estimated investment for this project is 1,582 INR-Crore.
Cognizant has requested 21.31 Acres of land at Kapulauppada, under the Visakhapatnam Metropolitan Region Development Authority (VMRDA). The State Government will allot the land at a nominal rate of 99 Paise.
Also read: AU Real Estate to invest INR 600 Crore in luxury project, The Sunflower, Ghaziabad
The project will be 100% self-funded and is expected to start operating by 2029. This significant investment will enhance the IT position of Andhra Pradesh.
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