Cognizant has revealed plans to build a new factory in hyderabad that would occupy a million square feet and employ 15,000 people. During chief minister A revanth Reddy's visit to the US, the telangana government and cognizant announced their first agreement.
 
Following a fruitful meeting between cognizant CEO S. ravi Kumar and revanth reddy on sunday in New York, the announcement was made. The talks emphasised Hyderabad's strategic significance as India's expanding centre for innovation and technology.
 
The groundwork for this new accord was established earlier this year in Davos when the chief minister led a team from the state administration. The new cognizant Centre in hyderabad is planned to be constructed with space for 20,000 workers. The new facility in hyderabad will provide a range of employment possibilities and concentrate on a number of cutting-edge technologies, such as wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital engineering, cloud solutions, artificial intelligence, and machine learning.
 
Revanth Reddy also recommended that the business think about building more capacity for their IT operations in tier-2 towns inside the state, a suggestion that was well received by Cognizant.

According to ravi Kumar, "We are thrilled to increase our footprint in hyderabad, a city that consistently demonstrates its strengths as a hub for innovation and technology." revanth reddy praised cognizant for its expansion goals and emphasised the government's dedication to creating an environment that is favourable for commercial services and IT.
 
"The growth in Cognizant's operations in hyderabad is an indication of the company's faith in the city's increasing standing as a worldwide hub for technology enterprises," revanth stated. "We are excited to see the positive effects this expansion will have on our economy and are happy to support cognizant in their growth journey," he continued.

Chief Secretary Santhi Kumari, Special Chief Secretary for IT, and minister of industries and IT D sridhar Babu revanth was attended by IT minister Jayesh Ranjan as well. Leading international firms continue to be drawn to Hyderabad's thriving IT sector. The establishment of a new cognizant facility here "strengthens our position as a leading IT hub," sridhar Babu said, emphasising the importance of this growth.
 
 
 
 
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G GOWTHAM

06/08/2024 08:48 AM