Vizag: CM Naidu to inaugurate Cognizant temporary campus on Dec 12
After returning to power, the NDA government has been actively working to attract major IT investments to Andhra Pradesh
By Newsmeter Network
Visakhapatnam: IT major Cognizant Technologies is set to foray into Visakhapatnam.
Chief Minister Nara Chandrababu Naidu is scheduled to inaugurate its temporary campus on December 12. On the same day, he will also lay the foundation stone for the company’s permanent facility
After returning to power, the NDA government has been actively working to attract major IT investments to Andhra Pradesh. As part of these efforts, 22.19 acres at Kapuluppada IT Hills have been allotted to Cognizant on lease.
The estimated investment for the campus is around ₹1,600 crore, and at least 8,000-10,000 jobs, especially AI-related ones, are likely to be generated by the company by 2029.
Until the permanent facility is ready, the company will operate from a plug-and-play space in the Madhurawada IT Zone. The temporary campus, with a seating capacity of 800, will commence operations on December 12.
The economic activity generated from Cognizant’s investment and operations in the region is estimated to be around ₹15,000 crore.
Currently, around 150 IT companies are operating in Madhurawada IT Hills and other parts of Visakhapatnam.
What are the new companies to come up?
1. Google will establish India’s first Artificial Intelligence Hub in Visakhapatnam. The $15 billion project, spread over five years, is one of Google’s largest initiatives in Asia and will deploy its full AI stack to accelerate AI-driven transformation across India.
2. Raiden Infotech Private Limited, a Google subsidiary, will set up a ₹87,520 crore data centre on 480 acres in Visakhapatnam. Fully equity-funded, it will be among three mega data centres planned at Tarluvada, Adivivaram, and Achyutapuram, transforming the city into an AI-powered smart hub.
3. Imaginative Techno Solutions will establish an IT unit in Kapuluppada with an investment of ₹140 crore on 4.05 acres, creating 2,600 jobs and new Global Capability Centers (GCCs).
4. Avanti Warehousing Services will invest ₹319 crore in Gurrampalem, Visakhapatnam district.
5. Shanveera Industries Limited will set up a ₹260-crore unit in Anakapalle, generating 800 jobs.
6. Accenture is set to establish a new campus in Visakhapatnam. The global IT giant has requested 10 acres from the state government and plans to create around 12,000 jobs in phases.
7. TCS has been allotted 22 acres in IT Hill-2 for campus expansion.
According to state projections, these investments will contribute an average annual GSDP of ₹10,518 crore during 2028–2032 and support around 1.88 lakh jobs per year. Google Cloud–enabled productivity spillovers are expected to add ₹47,720 crore over five years.
