Great news for IT professionals amidst continuous retrenchment, 8 thousand jobs are going to be received

There were reports of retrenchment in IT companies continuously for the last few months. But amidst these reports of retrenchment, a good news has also come for IT professionals. In fact, Cognizant has announced a big announcement that the company has promised to generate 8000 jobs by investing 1500 crores in Andhra Pradesh.

Where will the new IT hub be built?

Cognizant will create its new big campus in Kapuluppada IT Hills, Visakhapatnam of Andhra Pradesh. This campus will be spread over 22 acres and will be developed in three stages. State Information Technology Minister Nara Lokesh has approved this project and said that with this investment, our goal is to create a global technology destination to Andhra Pradesh and promote digital skilling in small cities.

When will jobs start?

The company said that it will start work from the beginning of 2026, currently with a temporary facility, in which 800 employees will work. At the same time, its permanent campus will be ready in Phase-1 by the beginning of 2029.

Why did Cognizant choose Andhra Pradesh?

CEO S. of Cognizant Ravi Kumar said that we are proud to expand in Visakhapatnam. The talent, strong infrastructure and cooperation of the government make this decision correct. He also says that Andhra Pradesh has a strong IT and ITES ecosystem, which will contribute a major contribution to the growth and digital innovation of the company.

India is the backbone of Cognizant

The importance of India for Cognizant can be gauged from the fact that out of the total 3,36,300 employees of the company, more than 70 percent of the employees work in India. This new campus is an important part of the company’s global transformation strategy. This investment of Cognizant is not just an IT project, but the beginning of a regional change. This will not only create new employment opportunities, but cities like Visakhapatnam will stand in the center of Digital India. This step is another strong step towards the digital future of the country.

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