Cognizant to arrange 10 lakh sq ft facility in Hyderabad, to create 15,000 new jobs

At a time when the IT trade is dealing with robust instances, IT main Cognizant introduced a significant enlargement plan. The corporate stated it is going to arrange a 10-lakh sq ft facility in Hyderabad, creating 15,000 new jobs. The brand new centre can home 20,000 workers.

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The centre would concentrate on varied superior applied sciences, together with synthetic intelligence, machine studying, digital engineering, and cloud options.

This announcement was made throughout the assembly between Cognizant’s prime group and Telangana Chief Minister A Revanth Reddy within the US on Monday. The muse for this new settlement was laid out throughout the Davos go to of the Chief Minister and his delegation earlier this yr.

“We’re excited to develop our presence in Hyderabad, a metropolis that continues to display its strengths as a know-how and innovation hub,” Ravi Kumar S, CEO of Cognizant, stated.

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The brand new centre will allow Cognizant to raised serve world shoppers and proceed to ship cutting-edge options in IT companies and consulting.

The Chief Minister, together with IT and Industries Minister D Sridhar Babu and prime officers, urged the Telugu Diaspora to spend money on Telangana. The group will depart for South Korea on August 10 for a four-day go to and can return to Hyderabad on August 14.