Vizag’s IT Revolution: CM Naidu Lays Foundation for Cognizant’s Mega Campus & 8 Other IT Giants - AP Events
The "City of Destiny" Vizag just took a massive leap toward becoming India’s next global technology powerhouse. In a landmark event at the Kapuluppada IT Hills, Andhra Pradesh Chief Minister N. Chandrababu Naidu presided over the foundation stone-laying ceremony for Cognizant’s permanent IT campus, alongside groundbreaking for eight other major firms.
With a collective investment of ₹3,740.31 crore and the promise of nearly 42,000 new jobs, Vizag is no longer just a coastal beauty—it is officially the new frontier of the knowledge economy.
Cognizant’s Mega Investment: A Game-Changer for AP
Cognizant, a global leader in IT services, is setting deep roots in Andhra Pradesh with a massive ₹1,582.98 crore investment. This new campus isn't just an office; it's designed to be a "World-Class AI and Digital Transformation Hub."
Key Highlights of the Cognizant Campus:
Prime Real Estate: 22.19 acres in the Madhurawada/Kapuluppada IT zone, allotted at a nominal lease of ₹0.99 per acre under the state's aggressive IT & GCC Policy 4.0.
Employment Powerhouse: While the initial phase aims for 8,000 direct jobs, CM Naidu has set an ambitious target for Cognizant to scale to 25,000 employees within a year and eventually 1 lakh employees over the next five years.
Tech Focus: The facility will specialize in Artificial Intelligence (AI), Machine Learning, Digital Engineering, and Cloud Solutions.
Timeline: While Phase 1 is slated for completion by early 2029, operations have already begun! Minister Nara Lokesh inaugurated a temporary facility today at the Mahati Fintech Building, accommodating the first 1,000 associates.
More Than Just One Giant: 9 Companies, One Vision
While Cognizant stole the spotlight, eight other companies joined the wave of industrialization in Vizag. Together, these firms are transforming 69.97 acres into a bustling tech corridor.
| Company Name | Investment (Approx.) | Projected Jobs |
| Cognizant Tech Solutions | ₹1,583 Crore | 8,000+ (Initial) |
| Sattva Developers | ₹1,500 Crore | 25,000 |
| Fluentgrid Limited | ₹150 Crore | 2,000 |
| Imaginnovate Techsolutions | ₹140 Crore | 2,600 |
| Quarks Technosoft | ₹115 Crore | 2,000 |
| Samvardhana Motherson | ₹110 Crore | 700 |
| Tech Tammina | ₹62 Crore | 500 |
| Nonrel Technologies | ₹51 Crore | 567 |
| ACN HealthCare RCM | ₹30 Crore | 600 |
Leadership Voices: "The Future is Digital"
During his address, Chief Minister Naidu emphasized that Visakhapatnam is being developed as a "Net-Zero Pollution City" to attract the world's best talent and companies like Google (which is planning a $15 billion data center nearby).
"Visakhapatnam will be the address for the future knowledge economy. We are not just building offices; we are building an ecosystem for the next generation of AI and Quantum Computing." — N. Chandrababu Naidu
IT Minister Nara Lokesh highlighted the "Brand Ambassador" role of the new employees, noting that the state's policies—including nominal land rates and employee incentives—are designed to make AP the easiest place to do business in India.
Why This Matters for Job Seekers and Investors
This development aligns with the Andhra Pradesh IT & GCC Policy 4.0, which offers:
Talent Incentives: Yearly incentives of ₹1 lakh for three years for certain employees.
Infrastructure: World-class "plug-and-play" spaces to reduce setup time.
Strategic Location: Vizag offers a 20% lower cost of living compared to major metros, making it a "best livable city" contender.
Frequently Asked Questions (FAQs)
Q1: Where is the new Cognizant campus located?
The permanent campus is being built at Kapuluppada IT Hills (near Madhurawada), Visakhapatnam.
Q2: How many jobs will be created by this project?
Cognizant alone will create 8,000–10,000 jobs initially, with a goal of 25,000+. Collectively, the 9 companies are expected to generate 41,967 jobs.
Q3: When will Cognizant start its operations in Vizag?
Operations have already started! A temporary facility at the Mahati Fintech Building (Rushikonda) was inaugurated on Dec 12, 2025.
Q4: What is the significance of the ₹0.99 per acre land allotment?
It is a strategic incentive under AP's IT Policy to attract global giants, similar to the strategy used to draw major industries in other successful tech hubs.


Comments
Post a Comment