In a significant boost to Andhra Pradesh’s growing digital economy, Cognizant Technology Solutions will establish a world-class IT and ITES campus in Visakhapatnam, with a planned investment of ₹1,582.98 crore, the ruling TDP government announced.
According to an official press release, the project is expected to generate 8,000 jobs over the next few years, further strengthening the state’s position as an emerging tech hub. The Andhra Pradesh government will allocate 21.31 acres of land for the development at Kapulauppada, under the jurisdiction of the Visakhapatnam Metropolitan Region Development Authority (VMRDA).
Highlighting its support for the project, the state has agreed to offer the land at a nominal rate of just 99 paisa per acre, signaling a pro-investment policy aimed at attracting global tech firms.
Cognizant is aiming to make the campus operational by March 2029, positioning the facility as a key driver for local employment and skill development.
The announcement marks a major milestone for the state’s IT and industrial development agenda, aligning with the TDP-led government’s promises to foster job creation and boost infrastructure in tier-2 cities.
